Wyatt lawyers selected as Best Lawyers' "Lawyer of the Year"
Best Lawyers, the oldest and most respected peer-review publication in the legal profession, has named K. Gregory Haynes as the Best Lawyers’ 2010 Louisville Bet-the-Company Litigator of the Year. Theodore T. Myre, Jr. has been named the Best Lawyers’ 2010 Louisville Health Care Lawyer of the Year, and Glen G. Reid, Jr. has been named the Best Lawyers’ 2010 Memphis Personal Injury Litigator of the Year.
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Congressional Inaction Leaves Families and Private Wealth in Limbo
Almost all estate plans created since 1981 refer to the Federal estate tax in some way. Many plans, especially those involving spouses, contain formula clauses that may be tied to the amount that is exempt from Federal estate tax.
In 2001 Congress passed legislation that provided for the Federal estate tax to disappear in 2010 but to return in 2011 (at a higher rate and with a lower exemption). Since 2002, and as recently as this November, Congress has assured tax professionals and the public that it would "fix" the uncertainty created by one year of repeal followed by reinstatement of the estate tax.
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