Article on Estate Planning Adjustments in Context: New Rules for 2014

Robert L. Moshman (Attorney, New York and New Jersey) recently published his article entitled, Estate Planning Adjustments in Context: New Rules for 2014, The Estate Analyst (Jan. 2014). The introduction from his article is provided below:

Tax rules for 2014 have arrived with modest adjustments and without the drama of last-minute legislation. We did not plummet over any fiscal cliffs. There were no major reforms or retroactive saves. However, a lack of political drama does not mean there aren't problems and issues to attend to for estate planners. Attention must be focused upon the increased tax burden on trust income under the new rules, the impact of the Medicare surtax, and the use of portability rules.