Photo by Shutterstock Election 2020: Will Estate Planning Ever Be the Same?
If next year the Democratic Party controls the Senate, the House of Representatives, and the White House, we are certain to see new tax legislation. Now is the time to develop a contingency plan that can be implemented this fall depending on the outcome of the November election.
September 11, 2020 at 03:09 PM
8 minute read
At the time this article is being written, the Biden campaign has yet to release a comprehensive tax proposal and has not proposed any changes to the estate tax. That said, if next year the Democratic Party controls the Senate, the House of Representatives, and the White House, we are certain to see new tax legislation. Now is the time to develop a contingency plan that can be implemented this fall depending on the outcome of the November election.
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