Big Money Untaxed Gifts Quadrupled as Rich Raced Congress - McDermott Will & Emery

Big Money Untaxed Gifts Quadrupled as Rich Raced Congress

Overview


Bobbi Bierhals said that “it was all hands on deck” in 2012 as wealth management advisers helped high net worth clients take advantage of tax-free gift tax rules before a scheduled congressional clampdown on them. “We were working around the clock” to advise clients, she continued, before Congress ultimately extended the rules. Read the full article