If Congress does nothing about the Bush Tax Cuts, another provision to expire may be the 5.12 million estate and gift tax exclusions (back to $1 million) and the 35% estate and gift tax rates (back to 55%). See this article by Bill Bischoff in SmartMoney:
http://www.smartmoney.com/taxes/income/preparing-for-taxmageddon-1337724496427/
So there are more things to think about as far as estate planning goes. You can check with professionals I know about estate planning (financial planners and estate planning attorneys) in the resource section of my website:
https://briantstonercpa.com/Resources.html
and you can call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net if you have questions.
Remember, You can count on us to count for you! 