<h3>Portability of the Estate Tax Exemption</h3><p>One of the more intriguing provisions of the new Tax Relief Act of 2010* ("TRA") is a new "portability" system which, at first glance, appears to eliminate the need for estate tax exemption trust planning.</p><p><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank"><img class="wp-image-6435 alignleft" src="http://www.racklaw.com/new-site/wp-content/uploads/2016/02/pdf-icon.png" alt="pdf-icon" width="20" height="20" /></a><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank">Download PDF</a></p><h3>Buy-Sell Agreement</h3><p>Every business plan should include a financially sound, well-documented arrangement to address the continuation of the enterprise in the event of the withdrawal, disability or death of one of the current owners.</p><p><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank"><img class="wp-image-6435 alignleft" src="http://www.racklaw.com/new-site/wp-content/uploads/2016/02/pdf-icon.png" alt="pdf-icon" width="20" height="20" /></a><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/buy-sell.pdf" target="_blank">Download PDF</a></p><h3>The Brady Bunch Syndrome</h3><p>During the past decade, the rates of remarriage after divorce rose, keeping in step with the "age wave" of baby boomers. These couples, now reflecting on the practical details of planning their estates, are realizing new complexities generated by the union of their respective families.</p><p><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank"><img class="wp-image-6435 alignleft" src="http://www.racklaw.com/new-site/wp-content/uploads/2016/02/pdf-icon.png" alt="pdf-icon" width="20" height="20" /></a><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/brady-bunch.pdf" target="_blank">Download PDF</a></p><h3>Estate Tax Deal Crumbles</h3><p>According to our tax advisory sources on Capitol Hill, Senate negotiators said on May 18th that a deal to cut estate taxes is on the verge of collapse after a majority of the Democratic caucus expressed concerns about voting for an expensive tax cut for wealthy families.</p><p><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank"><img class="wp-image-6435 alignleft" src="http://www.racklaw.com/new-site/wp-content/uploads/2016/02/pdf-icon.png" alt="pdf-icon" width="20" height="20" /></a><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/estate-tax-deal.pdf" target="_blank">Download PDF</a></p><h3>Now What? Planning During Estate Tax Repeal</h3><p>We have known since the 2001 Tax Act that the federal estate taxes was scheduled for a one-year repeal beginning January 1, 2010, but few of us believed we would ever see the repeal take effect.</p><p><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/portability.pdf" target="_blank"><img class="wp-image-6435 alignleft" src="http://www.racklaw.com/new-site/wp-content/uploads/2016/02/pdf-icon.png" alt="pdf-icon" width="20" height="20" /></a><a href="http://www.racklaw.com/new-site/wp-content/uploads/2011/02/planning-during-repeal.pdf" target="_blank">Download PDF</a></p>