Accounting Today: Tax hikes turn estate and wealth advisors into ‘triage center’ for the rich (October 12, 2021)

Accounting Today has published an article, titled “Tax hikes turn estate and wealth advisors into ‘triage center’ for the rich”. The article begins as follows:

Ever since Democrats unveiled their proposal to raise taxes on the wealthy, David Handler’s phone has been blowing up with pleas for help. But the trusts and estates lawyer at Kirkland & Ellis in Chicago has told most of those prospective customers to go away. The reason: He’s already working overtime to craft tax-saving moves for his existing clients before the year ends.

“Our office (or home offices) are like a triage center,” Handler said in an email. “My days are now booked by the half-hour, fielding calls and emails all day, plus trying to actually get the work done.”

To see the full article, click here: “Tax hikes turn estate and wealth advisors into ‘triage center’ for the rich”.

Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.

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