The tentative deal in Washington to set the federal estate tax at 35 percent with the first $5 million exempted in 2011 and 2012 still faces hurdles to becoming a reality. But the agreement between the Obama administration and Republican congressional leaders brings at least a glimmer of long-sought clarity for South Florida’s tax and estate planners.
Even if the deal goes through, however, they will still be left to cope with an estate tax that has gyrated wildly for the third straight year.
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