That said, the safe money is on continuation of an estate tax, especially as government debt load continues to climb and successive congresses seem powerless to stop it.
At the vanguard of abolishing the estate tax, however, is Dick Patten of the American Family Business Institute. Reuters recently ran a story reporting that 131 members of Congress have signed his pledge to vote to repeal the so-called "death tax," and a bill currently before the House to do the same has 168 co-sponsors.
Tanner Pittman, LLC assists clients in estate tax planning as well as general estate and will planning. We draft estate plans that seek a maximum of tax advantage for clients, regardless of where the political winds will take us.