This blog entry will be brief, but I did want to discuss the ever popular subject among estate planners....the estate tax. This article from Forbes, linked here: http://www.forbes.com/2010/04/18/estate-tax-sharp-bite-2011-personal-finance-grats-flps.html discusses the estate tax possibilities going forward in 2011. What was even more surprising is the speculation that some of the vehicles used to minimize this tax may come under increased scrutiny as well, including Family Limited Partnerships and Grantor Retained Annuity Trusts. Most estate planners and financial advisors I speak with call this a "moving target." And that is exactly what it is.
If the annual exclusion is lowered to...Read Full Post →