The 2010 Tax Laws

I found this Forbes magazine article useful when it came out in December of 2010 and then was reminded of it today. It provides a great summary regarding the federal tax laws that took effect in December 2010. These laws related to gift, estate and income tax at the federal (IRS) level.  Remember those laws are set to expire December 31, 2012 so if you want to make use of them then take action NOW.  IN particular the possibility of this law slipping away has huge implications for families with wealth.  Here’s a link to the Forbes article. Enjoy!  -John

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