There has been talk recently that Congress is preparing to pivot from healthcare reform (which failed to materialize, at least to this point) to federal tax reform.
One of the key planks of the Republican platform for tax reform is the elimination of the federal estate tax.
Whether this will actually happen is anyone’s guess. So, I will guess.
I am predicting . . . (drum roll) . . .that the federal estate tax will indeed be eliminated from the Internal Revenue Code through upcoming federal tax reform.
Check back as tax reform heats up in Congress, and I will try to keep you informed of developments as they arise.