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Potential Estate and Gift Tax Threat: Should You Worry?

July 13, 2020

If you’re financially well off, there’s an unpleasant fact you have to face…

Today’s extremely favorable federal estate and gift tax rules may not survive the year!

Why? Because our country might finally be forced to confront the issue of huge federal budget deficits made worse by costly federal COVID-19 relief measures.

The result? As a way to pump more tax money into Uncle Sam’s coffers, the government may decide to increase estate and gift taxes!

This is obviously a serious threat to your estate and gift tax planning. A very serious threat.

This means now’s the time to ask youself this important question… “How can I protect the assets I’ve worked so hard to accumulate?”

Well, there are strategies you can use to protect your assets, as you’ll discover when you read my new article titled Tax Tips: Potential Estate and Gift Tax Threat: Should You Worry?

Here are just some of the important subjects we’ll cover
when you read the full article:

  • Snapshots of earlier federal estate and gift tax regimes
  • A close look at today’s federal estate and gift tax rules
  • An explanation of the portable exception privileges
  • Scheduled federal estate and gift tax regimes for 2021-2025 and sunset provisions scheduled for 2026
  • The looming federal estate and gift tax threat
  • Five considerations to take into account when you’re creating a federal estate and gift tax plan

You’ll get full details when you read the full article
Potential Estate and Gift Tax Threat: Should You Worry?

Filed Under: Estates, Filing tips, Gifts, Parents, Relatives, Tax Planning

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