MADISON, Wis., Feb. 27 /PRNewswire/ -- WealthCounsel, LLC announced
today that it recently launched a web-based survey soliciting input from
the nation's estate planning attorneys on the action they believe Congress
will take prior to the expiration of the current federal estate tax rates.
Following enactment of the new legislation, WealthCounsel will award
$10,000 to the estate planning attorney who was the first to correctly
predict the estate tax exemption amount and marginal estate tax rate.
"No one is more affected by the future estate tax law than those of us
who plan our clients' estates," said W. Edward Dean, a San Francisco estate
planning attorney and WealthCounsel principal. "We are putting the wisdom
of crowds to work by finding out what our colleagues collectively predict
the outcome will be."
Between now and 2011, the federal estate tax will either be repealed or
be reformed, and the uncertainty over future tax rates is making it
difficult for attorneys and their clients to plan correctly. WealthCounsel
is hoping that the launch of this nationwide survey will draw Congress'
attention to the importance of bringing closure to the debate.
"After working with estate planning attorneys for nearly 18 years, I
have found a common attribute they share is an ardent desire to creatively
solve problems," said Roberta Trudeau, WealthCounsel principal. "By drawing
attention to this issue, we hope that our Congressional lawmakers, many of
whom are also attorneys, will be inspired by the problem-solving wisdom of
their estate planning colleagues who have an active pulse on this topic."
About the Contest:
No purchase is necessary. The WealthCounsel Estate Tax Survey, which
may be accessed from the WealthCounsel website at
http://www.wealthcounsel.com is open only to estate planning attorneys
(defined as someone who devotes at least 50% of their practice to the study
and services of estate planning) in the 50 United States (and District of
Columbia) who are at least eighteen (18) years old at the time of entry.
Promotion starts on January 31, 2008 ("Start Date") and ends on the earlier
of December 31, 2010 or when new legislation regarding federal estate tax
and exemption amounts is signed into law. Void where prohibited. The
sponsor is WealthCounsel, LLC, P. O. Box 44403, Madison, Wisconsin
WealthCounsel(R) is a registered trademark of WealthCounsel, LLC, a
membership-based organization of more than 1,000 law firms, and a leading
provider of tools and intelligence to the nation's estate planning
community. The company, which celebrated its tenth anniversary in June
2007, is known for its Five-Star Practice Solution(TM), a unique blend of
the WealthDocs(TM) document drafting software, collaborative community of
practitioners, discussion forums, relevant CLE, and practice building
resources. WealthCounsel shares ownership in two sister companies,
ElderCounsel, LLC, and the Advisors Forum, LLC. For more information, visit
SOURCE WealthCounsel, LLC