My Crystal BallMy Crystal Ball
Let's look at the recent past, the better to see what the future of the estate tax will be in the years 2009, 2010, 2011 and beyond. My predictions about what we can expect are based on the Nov. 14, 2007 Senate Finance Committee (SFC) hearing; additional questions after that hearing submitted by the senators for inclusion in the hearing record; and two additional SFC hearings this year. Toss in a
Conrad Teitell
Let's look at the recent past, the better to see what the future of the estate tax will be in the years 2009, 2010, 2011 and beyond.
My predictions about what we can expect are based on the Nov. 14, 2007 Senate Finance Committee (SFC) hearing; additional questions after that hearing submitted by the senators for inclusion in the hearing record; and two additional SFC hearings this year. Toss in a recent Senate budget resolution and taking a peek at unsuccessful amendments to that resolution, I'm prepared to go out on a limb and predict where the Senate is headed. And where the Senate goes, the House will follow.
Bottom line: The law scheduled to take effect in 2009, and only for that year, will be made permanent — that is to ...
Unlock All Access Premium Subscription
Get Trusts & Estates articles, digital editions, and an optional print subscription. Choose your subscription now and dive into expert insights today!
Already Subscribed?
