We are posting this for the benefit of estate planning clients. The issue is what happens to estate planning exemptions in 2010 and 2011. They are scheduled to expire in 2010 with no “step-up in basis” available for inherited assets and rise up like a Phoenix from the ashes and be reinstated at $1,000,000 with a 55 percent tax rate. The Hill, where the posting is from, has researched the issue and its writers are positing the possible scenarios.