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In The News Newburgh's
Powelton Club Elects New President
Elizabeth Stradar Santiago Becomes
First Female President of The Powelton Club
NEWBURGH, NY
– January 24, 2011
– The Powelton Club of Newburgh, NY announced today that the
membership elected Elizabeth Stradar Santiago, its 49th president.
Mrs. Santiago is the first female president of The Powelton Club.
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New Federal Estate and Gift
Tax Law
As you likely have read, on
December 17, 2010, President Obama signed the Tax Relief,
Unemployment Insurance Reauthorization and Job Creation Act of 2010
(the "Act") into law, which clarified the law with regard to estate
and gift transfers. The most notable change to the federal tax law
being raising the estate tax exemption to the $5 million level.
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