New Legislation Means Big Changes for Estates in New Year 2011

LOS ANGELES, Dec. 31, 2010 /PRNewswire/ -- New legislation recently passed in Congress which includes reduced estate tax and gift tax rates and increased exclusions has big implications for wealthy individuals and families, according to Christopher D. Carico, a Trust & Estates attorney in Los Angeles.  

"This legislation opens up a host of new tax planning opportunities for many individuals and their descendants," says Carico.  "Individuals with significant assets should consult their estate planning attorneys to consider new wealth transfer options starting in 2011."

Carico is available to speak with consumer, financial, accounting and industry media about the legislative changes and what they mean for individuals, trusts, and estates.

Who:Chris Carico, Estate, Trust & Probate Attorney

What:  Implications for wealthy and other individuals from the latest estate tax legislation from Congress. 

When: Immediately for TV, print, radio (located in Pacific time zone)

About Christopher D. Carico, Esq.  

A partner in Carico Johnson Toomey, LLP (http://www.cjtllp.com/c-carico.php), Mr. Carico provides estate planning for high net worth clients, trust and estate administration, trust and estate litigation, representation of fiduciaries, and services as court-appointed expert and guardian ad litem in complex trust proceedings.  He is a certified specialist in estate planning, trust and probate law by the California State Bar, Board of Legal Specialization, and is frequently appointed by the Los Angeles County Superior Court as an expert to provide opinions and recommendations to the Court on complex trust, estate and related tax issues.  Among the distinctions and honors Carico was selected by his peers for inclusion in The Best Lawyers in America® 2011 (Copyright 2010 by Woodward/White, Inc., Aiken, SC.) in the field of Trusts & Estates.  Included in California Southern California Super Lawyers®, 2009, 2010, in Estate Planning.

SOURCE Carico Johnson Toomey, LLP