Representative Thornberry of Texas has introduced the Death Tax Repeal Act which seeks to repeal the estate, gift and generation-skipping taxes.

Everything Lubbockin Thornberry Introduces The Death Tax Repeal Actreports that the bill already has 36 co-sponsors.

Of course it is too early to predict whether this bill will pass the House of Representatives, let alone make it to President Obama’s desk for his signature or a veto. However, it is never too early to let your opinions be known on this bill.

Whether you are in favor of it or opposed, now would be a good time to let your congressman or congresswoman known what you think about this important and controversial issue.

Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.
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