In Context of Jobs, Parties Negotiate Timeline of Estate Tax Reform, Policy and Taxation Group

Have you had to eliminate jobs, sell a business or assets to pay or plan for the death tax?

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Investment Solicitations Policy

Since we receive numerous requests every day to consider investing for our clients, we have developed a submission policy that is outlined below.

Send a brief write up of the investment opportunity with any significant material to our office for review with an indication on the envelope that it is an investment solicitation. If upon review we determine that we would like to meet to discuss or get further information, we will contact you by email or phone. Do not send blind emails or call, as it is impossible for us to respond to all requests. If you are going to be in our area and you would like an opportunity to meet us in person, please send an email with a “REQUEST TO MEET” in the subject line and we will respond if we are interested and available to meet.

Listen to what the public is saying about estate taxes.

Ways and Means Committee Moves GRAT Provision Forward

March 17, 2010 - Today we attended the House Ways and Means Committee markup of H.R. 4849, the “Small Business and Infrastructure Jobs Tax Act of 2010”. As expected, Congressman Kevin Brady (R-TX) offered an amendment to strike the GRAT provision from the bill. The Congressman spoke for three minutes in support of his amendment and used the opportunity to argue for substantive estate tax relief to truly help family businesses and create jobs. Unfortunately, the amendment was rejected on a voice vote. The bill was later reported out of committee by a vote of 25-15.

Policy and Taxation Group expressed opposition to the inclusion of the provision to key members of the committee on both substantive and procedural grounds. In the days ahead, we will continue to work closely with our allies to weigh in strongly against the use of any estate tax revenue raisers in legislation unrelated to estate tax reform. We will keep you posted.

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