CLE to Discuss the Consequences of the Federal Estate Tax Repeal

The ABA Section of Real Property, Trust & Estate Law is sponsoring a teleconference and live audio webcast CLE entitled What Hath Congress Wrought?Dealing with Estate Tax Repeal, Carryover Basis and Other Potential Complications of Congressional Inaction on Jan. 21, 2010. 

A summary of the program is below:

When EGTRRA passed in 2001, no one anticipated that the temporary estate tax repeal and elimination of stepped-up basis scheduled for 2010 would occur without some permanent resolution. When the clock struck midnight on December 31, 2009, the unthinkable happened. Democratic leaders in Congress have indicated they plan to reinstate the estate tax at 2009 levels, retroactive to January 1. What will actually happen and when is unknown.

During this program our panel will discuss: 

• The complications this creates; 
• The planning possibilities created by this situation;
• Things to consider when advising clients.