Estate Tax Planning – Time is Right!

Many experts in the estate planning arena feel that there is no better time than now for estate planning. The experts are calling the current economic climate, the "estate planning triple witching hour" because of the convergence of three events which have created a terrific opportunity for individuals to make the most of their estate planning. The three events are:

1. A favorable interest rate environment
2. Depressed asset values, and
3. A potentially limited timeframe to continue getting high valuation discount

As the economy improves the benefits of the lower interest rates and assets values will diminish. Also, there is already a house bill (H.R. 36) in the works which may take away the benefit of valuation discounts if passed.

If you haven't completed your estate planning, now may be the perfect time to contact your estate tax planner to take advantage of the current environment.