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Financial Advice

Changes to the Estate and Gift Tax Under the New Tax Act

The Legal Intelligencer

January 21, 2011

On Dec. 17, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. In essence, the act extends through 2012 most of the so-called "Bush era tax cuts," which were originally contained in the Economic Growth and Tax Relief Reconciliation Act of 2001.

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