The election is only weeks away, and with it is likely to come significant changes to the tax code. Many economists anticipate that, regardless of the outcome, there will likely be tax increases to reduce the federal deficit,...more
10/19/2020
/ Beneficiaries ,
Charitable Donations ,
Coronavirus/COVID-19 ,
Donor-Advised Funds (DAFs) ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
New Legislation ,
Private Foundations ,
Public Charities ,
SLAT ,
Sunset Provisions ,
Tax Exemptions ,
Tax Liability ,
Tax Planning ,
Transfer Taxes
The recent stock market volatility due to the coronavirus has understandably caused concern. When the market drops, however, it presents a great estate planning opportunity. Then, it’s the perfect time to gift assets to loved...more