Changes in Estate, Gift and Income Tax Laws

Overview

The new administration has turned 2009 into a year of changes in state, gift and income tax laws – and more changes are expected before the year ends. Credit Suisse Securities (USA) provides an update on the extension of the IRA charitable rollover as well as changes to the gift tax annual exclusion, the generation-skipping transfer tax, and family partnerships and valuation discounts.

Advisor Thinking