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Budget and Health Care and Taxes. Oh My!

December 1, 2009, Estate Planning Magazine
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There seems to be little appetite in Washington for providing a permanent fix to the estate tax, but that does not mean there will be no legislative action of concern to estate planners this winter. Our country is faced with the largest budget deficits in history, with a national debt of nearly $12 trillion. Our President is determined to fix what is wrong with the healthcare system. Unemployment is at a 25-year high. Our armies are fighting in two wars. Addressing all these issues is going to require money, and what better source of tax revenue than those who still have income and assets! Budget and healthcare and taxes. Oh my!

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