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Last Chance to Use Many Effective Estate Planning Strategies

Client memorandum | September 29, 2021

The House Ways and Means Committee released the text of sweeping changes to the estate, gift and income tax provisions of the Internal Revenue Code. We do not know whether this proposal (the “Chairman’s Proposal”) will be enacted, or how its provisions will change before enactment. If it is enacted, there will be a very limited window in which to take advantage of a number of popular and effective estate planning strategies.

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