June 15, 2021
Estate Planning Strategies for Potential Changes in 2021 and Beyond
With a new executive team in the White House, the Biden administration has proposed changes to the federal estate tax rate and exemption. Significant changes to estate tax laws are part of proposed legislation for individuals and families. These changes, combined with the current low-interest-rate environment, create an urgent opportunity to plan now for issues such as a reduction in the lifetime estate and gift tax exemption.