21 December 2020
US/UK estate planning after Biden
With the election of Joe Biden, clients will have fewer opportunities for estate planning. His proposal to reduce the gift/estate tax exclusion from $11.58 million to $3.5 million is causing particular concern for high-net-worth individuals. Many advisors are urging clients to use the exemption now by making gifts to irrevocable trusts.
Marilyn McKeever, Partner in our private wealth team, discusses this in an article for WealthManagement.com.
The full article is available, here.
Related Articles
25 April 2024
The UK Digital Securities Sandbox
24 April 2024
ASA and FCA publish advancements in regulatory practices
24 April 2024