The recently signed into law Tax Cuts and Jobs Act of 2017 provides for a dramatic increase in the federal estate and gift tax credit. Westchester elder law attorney Anthony J. Enea of Enea, Scanlan & Sirignano, LLP in White Plains and Somers, N.Y. recently addressed the impact the new law will have on federal estate taxes and why it highlights the importance for seniors to refocus their attention to their long term care planning.
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