Family Wealth Alert: Obama Administration's 2012 Budget Proposal Includes Significant Estate and Gift Tax Provisions
In February, 2012, the Obama Administration presented its 2012-2013 budget proposal, that included several provisions that would have a profound effect on the estate, gift and generation-skipping tax (GST) law. Although it is unlikely that these proposals will become effective in their current form, it is a strong indication of the direction that future legislation may take.
