President Obama’s recently published FY2016 budget includes several tax proposals which, if enacted, would significantly affect the estate planning landscape.
Our friends at Pabian & Russell, LLC, a respected Boston law firm practicing in the areas of Elder Law, Corporate Law, Estate Planning and Taxation, have written a great overview of these proposed changes and the impact they could have on your estate planning. Instead of trying to recreate this, we thought it would be best to share the link to the blog post directly from the experts.
http://www.pabianrussell.com/Estate-Planning-Blog/obama-tax-proposals