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Four financial planning opportunities to take advantage of in 2020.

Authors :
Westley, Robert A.
Source :
Tax Adviser; Jun2020, p1-7, 7p
Publication Year :
2020

Abstract

The article focuses on financial planning strategies that tax professionals ought to contemplate for their high-net-worth individual tax clients. It mentions the U.S. Tax Cuts and Jobs Act (TCJA), doubled the federal estate, gift, and generation-skipping transfer (GST) tax exemptions per person beginning January 1, 2018. It also mentions Anti-clawback regulations increased gift and estate tax exclusion amounts and spousal limited access trust (SLAT).

Details

Language :
English
ISSN :
00399957
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
143649103