The Eleventh Edition continues to provide an engaging and insightful introduction to the federal estate, gift, and generation-skipping transfer taxes, placing leading cases in historical context and exploring their practical significance and policy implications. It reflects statutory changes in rates and exemptions under the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 and the American Taxpayer Relief Act of 2012, including the introduction of "portability" of the unified credit between spouses. The new edition also addresses recent amendments to estate tax regulations concerning the deductibility of claims and administration expenses and alternate valuation date, as well as judicial decisions concerning defined value formula gifts, transfers with retained life estates, and family limited partnerships.
Well written, accessible, and very thorough. Effectively outlines the history of various aspects of the transfer tax regime and provides detailed analysis of the current state of the law. Excellent introduction to transfer tax and the various considerations that are necessary to tailoring wealth transfer plans.
Great Intro Book
Published by Thriftbooks.com User , 15 years ago
This book is well written and easy to comprehend. It's a definite plus for those seeking an introduction to estate and gift taxation.
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