In case you haven’t heard, the New Year brought a new law recently signed by the President. To avoid the country from falling off the “fiscal cliff,” the “American Taxpayer Relief Act” was approved on New Year’s Day.

There are only a few days left before the clock strikes midnight on December 31st and the tax law changes. Or will it?

Our mission is to arm consumers and professional advisors in our community with the information needed to make informed decisions about their family’s and client’s future. With that purpose, we are pleased to announce the rollout of our new and improved Estate Planning website!

The Zimmer Law Firm, LLC has launched a series of workshops on estate planning topics. We call them Estate Planning Boot Camps. If you’ve experienced a real boot camp, rest assured that our Boot Camps are much more enjoyable and don’t require you to do pushups or 20 mile runs!

On December 17th, Congress revised the estate tax with a new law, TRA 2010, that sets the exclusion amount at $5 million per person for 2010 – 2012. However, this temporary adjustment to the estate tax exclusion disappears in 2013, and returns with an exclusion of $1 million per person. Read more about how the estate tax revision under TRA 2010 will affect your estate plan, regardless of whether you have a taxable estate.