Jan 03, 2017
In our prior article in this series , we explored the inter-relationship of a decoupled
state (using New Jersey and its recent estate tax repeal as an example) and planning
in the uncertain environment. Once Donald J. Trump takes office, with the federal
estate tax possibly up for repeal, the planning complications multiply. The key issue
for clients is to consider how these significant and unanticipated changes might
wreak havoc with dispositive provisions in wills and revocable trusts and why some
of the simple and obvious drafting solutions can be inadequate. We’ll explore the
possible federal changes in greater depth.
Read his commentary here.
No related posts.