WEBINAR - Hurry! Hurry! What to do before year-end in case Biden’s tax plan goes through.

11/23/2020 at 12:00 PM to 1:00 PM

Event Description

Speaker: Patti S. Spencer, Esq. 

1 Substantive Credit

Description: A look at proposed changes in the estate and gift tax including dramatic reduction of the $11.5 million exemption and the prospect of carry-over basis (again).  Plan on making large gifts to soak up exemption before December 31 and consider using IDGT’s and SLAT’s.  Year-end income tax planning moves are exactly the opposite of the usual advice.  Instead of deferring income and accelerate deductions, in 2020 your clients may be much better off  deferring deductions and accelerating income. 

Click here to register or complete this form and send it to elizabeth@lancasterbar.org.