Forbes:  “Congress seems set to crack down on a popular strategy for cutting estate and gift taxes.  Tucked into a jobs and small business tax relief bill that the House is expected to vote on Wednesday are new restrictions on a popular estate planning strategy that has been used by, among others, the billionaire Walton family that founded Wal-Mart. The technique, known as a grantor retained annuity trust, or GRAT, allows rich families to pass on wealth while dramatically cutting their estate and gift tax bills.”