As predicted in my last blog entry, President Obama and Congress were able to avert the estate tax disaster scheduled to occur on January 1, 2011 with the expiration of Bush Estate Reform passed in 2001. https://www.thewootenlawfirm.com/raleigh-business-law-blog/2010/12/temporary-estate-tax-deal/. On December 17,…
It looks as if President Obama and Senate Republicans may have struck a temporary deal addressing the expiration of the Bush era estate tax reforms. As you may recall, the so called “repeal” of estate taxes passed by President Bush…
