Tax Lawyers Busy as Elections Loom and Wealthy Clients Weigh Changes to Gift-Tax Exemption
Attorneys said that most of their wealthy clients did not want to take a multimillion-dollar gamble that the current November general election polling would be incorrect.
August 06, 2020 at 05:27 PM
4 minute read
Estate and tax lawyers are facing a stampede from their wealthier clients looking to take advantage of the gift exemption under existing tax law. They say they don't want to roll the dice that control of Congress and the presidency may shift to the Democrats in November.
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