What changes your estate plan needs post-election
Now that the presidential election is over, there are important decisions you need to make when it comes to estate planning, taxes and charitable giving. Attorneys from our Tax and Benefits team will provide insight on how to plan for possible future legislation that may change the estate and gift tax exemption. They will address actions you can still take in 2020 to take advantage of the current estate, gift, and income tax laws before they potentially change.
- Will the estate and gift tax exemption be lowered from $11.58 million to $3.5 million or less?
- What could happen to capital gain tax rates and will “step up in basis” at death be repealed?
- How could charitable giving be affected?
- How can you take advantage of asset transfer techniques to minimize the effect of possible law changes?