Certain revenue-raising proposals that would have affected the transfer tax regime and estate planning of high-net-worth individuals and trusts, which were included in the prior proposed bill in the House of Representatives,...more
11/3/2021
/ Asset Valuations ,
Estate Planning ,
Estate Tax ,
Federal Taxes ,
Generation-Skipping Transfer ,
Gift Tax ,
Grantor Trusts ,
High Net-Worth ,
Income Taxes ,
Proposed Legislation ,
Surtax ,
Tax Exemptions ,
Tax Legislation ,
Tax Planning ,
Trust Distributions
The U.S. House Committee on Ways and Means’ tax proposals would significantly impact estate planning for high net worth individuals if enacted. Gift, estate and GST exemption amounts would be decreased; grantor trusts would...more
9/30/2021
/ Asset Valuations ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Federal Taxes ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
Grantor Trusts ,
High Net-Worth ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Proposed Legislation ,
Tax Exemptions ,
Tax Legislation ,
Tax Planning ,
Tax Reform ,
Ways and Means Committee