The imposition of a ten-year minimum term on GRATs takes a possible step toward enactment, promising to change, but not stop, the creative use of GRATs.
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While Republican and Democratic leaders alike have wrestled with estate tax stability, the solution may be so easy it’s impossible.
Fifteen of seventeen items are repeats from last year or projects that are already completed.
When you hear the bushes shaking, you know something is about to jump out, but you still don’t know what kind of beast it will turn out to be.
In Achieving Rough Justice in the Handling of Claims Against a Decedent’s Estate, the Treasury and Internal Revenue Service Generally Strive Toward Fairness and Workability. Dear Readers Who Follow Washington […]
Signs suggest that Ways and Means Committee attention to the estate tax might come soon.
Analysis of revenue raisers by the staff of the Joint Committee on Taxation raises fascinating questions, but the big question remains what Congress will do about the estate tax itself.
Administration’s revenue raisers would require consistency in determining basis, limit valuation discounts, and impose a minimum ten-year term on GRATs.