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Financial planners see uncertain future for estate tax system.

Publication: Mississippi Business Journal
Publication Date: 30-APR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Financial planners see uncertain future for estate tax system.(Focus Family Business & Financial Planning)

Article Excerpt
What's to become of the estate tax system? Within the past year, Congress tried unsuccessfully to permanently repeal the odious tax, which had its last major revision in 2001. With Democrats moving into power and no action taken, estate planners say the future of estates taxes is uncertain.

"Presently our estate tax system is in a state of flux," said David W. Martin of Trustmark Bank. "Instead of trying to repeal estate taxes, many people feel we would have been better served if Republicans had reached a compromise with the Democrats to create a new estate...

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