Election Effect on Estate Planning

Election Effect on Estate Planning

The 2020 election has been fraught with uncertainty and anxiety for most voters. As the dust settles and a clear winner emerges, what does it mean for high and ultra-high net worth families and their estate plans? Although Congress remains divided with Democrats in...
Charitable Planning Before the Sale of Business

Charitable Planning Before the Sale of Business

Charitable planning in advance of the sale of a closely held business sounds like an effective way to minimize income taxes. The business owner donates stock to a charitable organization or to a charitable trust and receives a full fair market value (FMV) deduction...
Estate Planners Are Wary of 2020 Election

Estate Planners Are Wary of 2020 Election

Clients are concerned about the potential impact of an administration change in 2020, and many planners are already taking action. According to a recent survey of 720 Trust & Estates readers, some 55% report that their clients have expressed consternation about...