|Estimated wealth Sheldon Edelson has given his heirs using more than 30 GRATs|
|Estimated federal gift tax Edelson has saved by using GRATs|
Don’t expect thoughtful estate tax reform — we’re talking congressional horsetrading, perhaps done incrementally. (Heads up: watch those transportation funding bills.)Richard Covey, the father of high-speed GRATs, estimates his brainchild has saved donors more than $100 billion in taxes since 2000. Could the end be nigh?