Kathleen A. Gray quoted in article “Business is booming for estate planners”Wisconsin Law Journal 04/04/11
Recent changes to federal tax law are creating a wave of business for estate planners and could set off another swell when they expire in 2012.
“Whenever’s there’s change,” said Kathleen Gray, of Quarles & Brady LLP in Milwaukee, “it creates a situation where people should revisit their plans and take another look at whether they still operate in accordance with their intentions.”
The 2010 Tax Relief Act, signed into law by President Barack Obama in December, is set to expire on Dec. 31, 2012, unless Congress acts before then. What happens after that might bring more change — which likely translates into more business for estate planners.
Originally published in Wisconsin Law Journal, April 4, 2011