Estate Planning: Window of Opportunity
Join us on Monday, October 19, 2020 from 1:00 – 1:45 p.m. EST for a live discussion focused on estate and gift tax.
The pandemic’s impact prompted increased attention to the importance of proactive estate planning. As year-end approaches, we are monitoring potential changes to estate and gift tax laws. The current federal lifetime estate and gift tax exemption is scheduled to remain in effect until December 31, 2025. However, due to the economic pressures created by the pandemic, it appears likely that a reduction in the lifetime exemption amount may occur earlier, perhaps as soon as 2021, and be larger than provided by current law, regardless of who wins the election or who takes control of Congress. In order to take advantage of the current increased lifetime exemption before it is reduced, high net worth clients should strongly consider gifting assets up to their remaining lifetime exemption amounts before the end of this year. Some of the planning techniques available are time sensitive. Our Estate Planning attorneys will provide you with important information and strategies to proactively plan now for the future.
Save your spot now for this informative webinar that will address the following:
- Current estate and gift tax environment and proposed legislation impacting/changing estate and gift tax
- Planning strategies to take advantage of current estate and gift tax exclusion amount before the laws change
- Issues to consider in order to pick the right strategy
This 30-minute webinar will be followed by a Q&A session –the perfect time to get answers to your questions.