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New IRS Tax Laws Increase Many Trusts’ Tax Bills

New IRS Tax Laws Increase Many Trusts’ Tax Bills

by FamilyTrust | Mar 21, 2014 | Asset Protection, Taxes, Trust & Estate Blog, Trust Tax, Trusts and Estates

We recently discussed changes proposed in President Obama’s 2015 budget that would modify Estate and Gift Tax provisions established in the American Taxpayer Relief Act or ATRA, which was passed by Congress in 2013. The proposal, which would take effect in 2018,...

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