From the Reuters website: Tax bills on big gifts are set to increase substantially at year’s end, and that means the timing couldn’t be better to pass on a gift. With just five weeks left until the end of 2012, developing a flexible and legally solid estate plan needs to be done quickly.
To view the full article go to: http://www.reuters.com/article/2012/11/20/advisers-gifttax-idUSL1E8ME8JE20121120