Does an Estate Plan Need to Change because of the New Administration?
Now that there is a Democratic majority in the Senate and the House of Representatives, estate and gift tax law changes are expected to occur in 2021 or 2022.
Federal Estate Tax Exemption Sunset Is Not Far Off
Maybe not tomorrow, but the sunset of our historically high estate tax exemptions is coming—and with the election on its way, it could be sooner than you think.