On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 (“ATRA”). While it did bring higher taxes in some circumstances, one of the significant benefits of ATRA is that it provides a level of certainty in the estate tax area that we have not seen in more than a decade. Because the current federal estate tax law has no scheduled expiration, individuals are now in a much better position to plan for the future.

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