Putting the Increased Estate to Work

Volume 26 No. 3


H. Joseph Price Jr. is the executive vice-president of Bryan Mark Financial Group, Inc., in Kansas City, Missouri. Sarah L. King is an associate in the Kansas City, Missouri, office of Stinson Morrison Hecker LLP.

The portability provisions and the increased federal transfer tax exemptions of the Tax Relief, Unemployment Insurance Authorization and Job Creation Act of 2010 have dramatically increased the value of the estate that a client can give away during life or own or control at death without incurring federal transfer tax, at least until the end of 2012.

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