President Obama recently released the Administration’s FY2014 budget proposal, including the Treasury’s “Green Book.” There were some interesting inclusions. Many estate-planning attorneys breathed a sigh of relief in January, when ATRA was passed with a $5.25 million applicable exclusion. More importantly, they were relieved by the certainty of the removal of the “sunset” provision in the prior law. We finally had a “permanent” estate tax. We now learn just how “permanent” it may be. Only a … [Read more...] about The Green Book
