ACTEC Comments Concerning Expatriation Legislation 

An Adobe PDF version of this document is available here.
 
 
Daniel H. Markstein, III 
Maynard, Cooper Gale, P.C.
1901 6th Avenue North 
2400 AmSouth/Harbert Plaza 
Birmingham, Alabama 35203-2602 
Direct Dial: (205) 254-1043
E-mail: dmarkstein@maynardcooper.com
 
December 7, 2007
 
Honorable Max Baucus 
Chairman 
Committee on Finance 
U.S. Senate 
219 Dirksen Building 
Washington, DC 20510
max_baucus@baucus.senate.gov		 Honorable Charles Grassley 
Ranking Member 
Committee on Finance 
U.S. Senate 
219 Dirksen Building 
Washington, DC 20510
chuck_grassley@grassley.senate.gov
 
Honorable Charles B. Range1 
Chairman 
Committee on Ways and Means 
U.S. House of Representatives 
1102 Longworth House Office Building 
Washington, DC 20515
rangel@mail.house.gov		 Honorable Jim McCrery
Ranking Member
Committee on Ways and Means
U.S. House of Representatives
1102 Longworth House Office Building
Washington, DC 20515
jim.mccrery@mail.house.gov
 
Re: Expatriation Legislation
 
Dear Chairman Baucus, Chairman Rangel, Senator Grassley, Representative McCrery:
 
I write you in my capacity as president of the American College of Trust and Estate Counsel ("ACTEC"). ACTEC is a professional association of approximately 2,600 lawyers hm bugtrout the United States. Fellows of the College are elected to membership by their peers on the basis of professional reputation and ability in the fields of trusts and estates and on the basis of having made substantial contributions to these fields through lecturing, writing, teaching, and bar activities. ACTEC offers technical comments about the law and its effective administration. It does not take positions on matters of tax policy. 

On October 10,2007, comments on expatriation legislation proposals were submitted by Ellen K. Harrison. She, Henry Christensen, III, Virginia F. Coleman, Robert C. Lawrence, III, Carlyn S. McCaffrey, Gideon Rothschild, Anne J. O'Brien, and Beth D. Tractenberg, acting as individuals, prepared those comments, although they are members of a subcommittee of ACTEC's International Estate Planning Committee. At the time of that submission, the comments had not been submitted to or reviewed by the governing body of ACTEC. The Executive Committee of the Board of Regents has now reviewed and approved those comments, and I am authorized to advise you that ACTEC endorses those comments completely and adopts them as its position in connection with the proposed legislation.
 
  Very truly yours ,

Daniel H. Markstein, III 
President
 

/pam

cc:    John Buckley: john.buckley@mail.house.gov 
        Chris Javens: chris_javens@finance-rep.senate.gov 
        Kase Jubboori: kase.jubboori@mail.house.gov 
        Allen Littman: allen.littman@mail.house.gov 
        Joshua Odintz: joshua_odintz@finance-dem.senate.gov 
        ACTEC Executive Committee 
        Mrs. Gerry A. Vogt, ACTEC Executive Director 
        Ellen K. Harrison, Esq.