Are you Prepared for Changes in Estate and Gift Tax Laws?
By Mike Hoffman, Esq., CPA
If you have not done so already, now’s the time to review your estate plan and start preparing for the 2021 tax year and beyond. With a new administration in the White House and rumblings of possible changes to the estate and gift tax laws, attorneys and financial planners are pointing their clients in the direction of estate planners who can help them sort out a plan before it becomes a crisis to be averted. The article below raises several questions that should be answered by anyone concerned with these imminent changes. Please give us a call today to set up your free consultation with one of our estate planning attorneys.
Estate planning in light of a new presidential administration: what should you do now?
Author
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Mike is the founding and managing partner of Hoffman & Associates and oversees the general operations and personnel of the firm. He works primarily in the estate planning practice helping clients minimize the effect of the estate tax, ensure orderly transition of generations in family businesses, and maximize asset protections. Mike also devotes a considerable amount of his efforts to the business law and tax planning needs of the firm’s clients. He is licensed to practice in the States of Georgia, Ohio, and Tennessee, and is a Certified Public Accountant.
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