Doctor Who Is Too Busy To Help With Your Estate Plan ? Maybe You Don’t Need Him

There has always been a good case for using your unified credit to make inter vivos gifts rather than leaving it for estate tax.   This year, however, the case is compelling.  If you have left the unified credit untouched, you can make $5,120,000 of taxable gifts in 2012.  Based on current legislation, that will drop to $1,000,000 in 2013.  Being just a tax blogger, I leave it to the political prognosticators to predict what the law will actually be, but I will say that there is a decent chance that we will have gridlock and that any resolution might end up with the number being well under $5,000,000. 

http://www.forbes.com/sites/peterjreilly/2012/04/01/doctor-who-is-too-busy-to-help-with-your-estate-plan-maybe-you-dont-need-him/