Changes to 2010 Estate Tax Law and Client/Advisor Teleconferences

Most of the practitioners who work with me in the area of tax and estate planning would not have gambled on the estate tax being repealed in 2010. However, this is where we sit at this time with no guidance as to what Congress will do in the future. Ultimately, each and every client has to decide what they will do with the changes that have occurred (whether to amend their current planning or to wait until Congress acts). The problem is though that many clients do not understand what the issues are as the only thing that the news focuses on is the repeal of the actual estate tax. Unfortunately no one is talking about the negative aspects of the transfer tax law in 2010, and especially for our California clients there are new developments with the California Probate code which will require amendments to your existing plan as well. Based on the above, our Firm is hosting teleconferences for existing clients of the firm and for other professionals who are friends of the Firm. For those who would like to attend one of our teleconferences, call our Firm's general line (949-608-6900) and ask for Deanna who will provide you with the information.