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Estate Tax-Uncertainty

Now we have a “framework” for tax change as announced yesterday by the President who did not seem very happy that there was a compromise. Yet still a great deal of uncertainty.

We’re not certain exactly how the estate tax will end up but we should know within two weeks. More importantly, it was announced yesterday that the tax compromises, including the estate tax compromise, are only to last for two years. If that is the result we will continue to be uncertain as to future planning just as we are in 2010.

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