The Advisors’ Forum – Estate Planning Strategies for the 2020 Election with Chuck Borek

The 2020 Presidential Election is just days away. Former Vice President Joe Biden has said that the estate, gift, and GST tax exemption could be set as low as $3.5 million per individual, while the gift tax exemption could be set as low as $1 million. Candidate Biden has also discussed an increase in the estate/gift tax rate to somewhere in the 45% to 65% range. Biden has also proposed the possible elimination of the income tax basis step-up at death. But regardless of who prevails at the polls, President Trump or Vice President Biden, the potential for tax related changes and wholesale shifts in tax policy is significant (COVID -19 related economic loss, social unrest, potential our shifts in Congress, and more). In this one-hour workshop, Steve Elville will lead a discussion outlining end-of-year strategies and points of concern for clients in the coming year.

Topics will include:

– Identifying the possibilities for tax change

– How will potential tax changes affect clients?

– What strategies are available to clients?

– Should clients engage in end of year exemption planning?

– How will potential tax changes affect estate planning documents?

– Next steps and available resources

– Questions and answers


More Webinars from Elville and Associates

The education of clients and their families through counseling and superior legal-technical knowledge is the mission of Elville and Associates.  We hold multiple educational events every month. Click to view our calendar of educational webinars and events or visit the Elville and Associates YouTube channel to view recordings of our past webinars.

Questions about getting started?
Contact us to find out more!

How Can I Begin My Estate Plan?