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Vedder Thinking | Articles Estate Planning Bulletin - Opportunity Knocks: As 2011 Approaches, Time Is Running Out for One-Time Estate Planning

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As the end of the year approaches, it appears increasingly unlikely that Congress will pass legislation on gift and estate taxes before 2011. Many one-time opportunities for gifting and tax planning will expire at the end of 2010.

Topics include:

  • Gift Tax Will Increase in 2011
  • Bonus Gift Tax Exemption Available for Some Gifts Made in 2010–2011
  • Opportunity for Gifts or Trust Distributions to Grandchildren
  • Low Interest Rates May Not Last Much Longer
  • Converting to Roth IRA with Charitable Deduction to Offset the Tax

For a detailed discussion of the most notable new developments, download the bulletin below.