Estate Planning Continues to have Long-term Uncertainty

On Friday December 17, 2010, President Obama signed into law a compromise tax bill that has major implications for producers and their clients. Congress will revisit this legislation within 24 months for possible modification or extension.  As a result, estate planning  continues to have long-term uncertainty.  The need for estate planning software tools has never been greater.  Furthermore, with these tax changes, state taxation at death becomes a critical consideration in estate planning and creates sales opportunities for advisors.

Impact software models a client’s financial future based on cash flow and taxes.  It is currently being updated to reflect these significant changes in the law.

Impact is committed to make the needed changes to the software and to release them to our users as soon as possible.