ESTATE AND GIFT TAX LAWS

SENATE BILL, IF PASSED, WILL MAKE SIGNIFICANT CHANGES

TO THE CURRENT ESTATE AND GIFT TAX LAWS

Senator Bernie Sanders released his proposed estate and gift tax reform legislation on Thursday, March 25.  Senators Kirsten Gillibrand, Jack Reed and Chris Van Hollen co-sponsored this plan, and Representative Jimmy Gomez will reportedly introduce a version of the bill in the House of Representatives.  Only time will tell whether this Bill or some variation of it will become law, but if it does it will be to the displeasure of many Americans. 

Continue reading