The New Year, 2020, has approached us and we have all undoubtedly made resolutions. Whether its leading a healthier lifestyle, traveling more, or spending more time with loved ones, reviewing your estate plan should be at the top of your list.
While there is uncertainty as to what the 2020 election may bring, it does seem that if Democrats do gain enough power in Washington, a very harsh estate tax bill may be forthcoming. Timing is of the essence, and if you wait until after the election, there just may not be enough time after the election and before the effective date of any tax legislation to get planning in place. So, resolve to get inaction sooner rather than later.
There is much benefit that can be had from proper planning: security, peace of mind, and of course, tax benefits.
Let us guide you in creating a plan that minimizes tax exposure and maximizes your legacy. A plan that will make sure that your heirs receive everything that you have worked so hard to provide for them.
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