The media is slowly waking up to the issue I raised in my previous post. There appears to be a major “opportunity” in estate planning by the use of gifting to grandchilden this year.
Here is a good Forbes article – which surprisingly quotes an attorney already guiding clients to take advantage of this loophole:
http://www.forbes.com/2010/01/09/estate-tax-congress-gst-personal-finance-rich-grandma-gifts.html
I am always comforted when others pickup on the same things I am screaming about – it shows that I am not so nuts.
Jonathan, I think you are amazing. I don’t know how you access so much information but this article is certainly the most helpful post I’ve seen on this subject. Thanks.