Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
During a meeting Wednesday morning, committee Democrats agreed to back a one-year extension [of current estate tax levels] and tie it to a broader overhaul of the tax code in 2010.
Tax reform in 2010? Great idea! It's an election year for Congress. We all know how thoughtful and statesmanlike members of Congress become in election years.
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