John Bergner, Jeff Chadwick, Cheryl Cain Crabbe, Christine Wakeman, and Jordan Ware, of (Winstead PC), have made available for download their article, “Potential Estate Planning Implications of 2020 Election Results,” published in JDSUPRA. The abstract is as follows:
With the election less than a month away, there has been significant discussion regarding potential tax law changes under a new administration. While no one can predict the future, we can certainly discuss what could happen if Joe Biden wins the presidency and the Democrats win four additional seats in the Senate to gain a majority in both the Senate and the House. We can also discuss strategies that you may consider implementing before the end of the year, in case these tax law changes materialize.
Posted by Bella Hoang, Associate Editor, Wealth Strategies Journal.