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First Look at the Unified Framework for Fixing Our Broken Tax Code

Estate Tax Repeal, Generation-Skipping Transfer Tax (GST), President Donald Trump, Tax Reform, Estate Planning, Estate Tax

by Jeramie J. Fortenberry, JD, LLM | Director of Education, WealthCounsel

On September 27, 2017, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released a long-awaited tax proposal, titled the Unified Framework for Fixing Our Broken Tax Code (the Unified Framework). The Unified Framework proposes to repeal the estate and generation-skipping transfer taxes while also lowering rates for businesses and individuals.

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