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Put 60 years of money management expertise to work for you. If this occurs, some of the estate planning techniques that top executives have used – for example, benefit swaps – would disappear. Former Unitholders of Plum Creek Timber Company, L.
You should consult your tax adviser to determine what impact, if any, these allocations may have on your tax situation for the current tax year or in future years. If you have questions, please consult your tax advisor for further guidance. The Administration’s proposal hasn’t yet been formalized in the detailed language of a bill to be introduced in Congress.
Leaving those considerations aside, here is a very simple illustration of how the proposal might work. The economic stimulus package would repeal the estate tax permanently.
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