What We Know....What We Don't Know
As an estate planner, this is a very confusing time. Why? With the upcoming election and continued Congressional gridlock, no one seems to know exactly what our federal tax code will look like in 2013. In addition, the further implementation of the Patient Protection & Affordable Act (“ObamaCare”) will have tax implications that will effect estate planning now and in the future. The Presidential and Congressional elections are essentially a public referendum on how we as a nation wish to see these issues resolved. Given all of that uncertainty, let’s take a look at what we know and what we don’t know
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