Trusts, Estates, and the Wealthy Targeted by Reconciliation Bill
Last month, the House Ways & Means Committee approved draft legislation as part of the budget reconciliation process, which includes significant tax proposals that will dramatically change the tax and estate planning landscape for high-income and high-net-worth individuals.
Gain Recognized Upon Transfers To Grantor Taxation Upon Termination Of Grantor Trust Status Elimination Of Grantor Trust House Budget Committee House Ways Means Committee The House Ways
Source: natlawreview.com