• Recent Developments: New Medicare Taxes, Roth IRA Conversions and Possible Last Chance for Short-Term Grantor Retained Annuity Trusts
  • June 3, 2010 | Authors: C. Jones Perry; Sharon L. Trulock
  • Law Firm: Shearman & Sterling LLP - New York Office
  • On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act, as further amended by the Health Care and Education Reconciliation Act of 2010 (collectively, the “Health Care Act”). This sweeping healthcare reform legislation contains important tax provisions, several of which are summarized below, impacting individuals, trusts and estates.