Posted On: March 20th 2010
With new Estate and Gift Tax Rules effective for 2009, Inherit Lawyers of Long Island wanted to inform our clients of the new rules. We encourage you to revisit your current wills, trusts and other estate planning documents to ensure that the provisions in effect still have the impact you originally intended. In addition, there are opportunities to seize and possible problems to avoid in this low interest rate, declining asset value environment.