The recent decision to allow the Affordable Care Act (aka Obamacare) as Constitutional relied on a limited reading of the Act and an expansive interpretation that was not discussed as the law was deemed to be passed.

The Supreme Court, in a 5-4 opinion, said that the individual mandate, which requires every living American citizen or legal resident to purchase private insurance, meets Constitutional muster because the penalty for not buying is within Congress’s power to levy taxes.

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You should take some time to read the whole Act and see what kinds of new taxes are going to be imposed in the very near future and you should take preventative steps for your own estate planning.