Leverage the temporary increased exemption amount to realize permanent savings.

Paul Allen's art collection, which may be worth more than $1 billion, spans centuries from antiquities to contemporary art.

The biggest direct impact is on alimony, which will no longer be a deduction for the person paying it, and no longer have to be claimed as income by the person receiving it.

Students and their parents need to understand the realities of aiming for these schools.

Estate planning causes people to face their own mortality; helping clients cope with this reality is vital.

Low tax rates could provide conversion opportunities for clients.

Encourage clients to gift now rather than as part of testamentary planning.