Tax
Apr. 16, 2011
Estate Tax Keeps Shifting
Coming off an estate tax-free year, attorneys are readjusting to new laws that are more favorable to high net worth individuals than in the recent past.
Daily Journal Staff Writer
For the past two years, estate planning attorneys have begrudgingly settled into a new norm.
"We've developed a higher tolerance for uncertainty," said Charlotte K. Ito, a partner at Fox Rothschild LLP in San Francisco.
The uncertainty Ito and other estate planners face began in the waning days of 2009, when inaction by Congress enabled estate taxes to lapse in 2010. The clock...
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