High-Net-Worth Planning During Potential Tax Reform
Following the recent election results, many high-net-worth clients and advisors are curious about how to best structure their financial plans and products to fit the potential future tax landscape. History has shown that tax laws will continue to change, requiring a thoughtful approach to incorporate flexibility and exit strategies into the planning solutions implemented. Top financial, legal and tax advisors will all agree that clients are best served to not procrastinate and avoid planning during uncertain times, for the cost of being wrong can have devastating effects to their family, business, and legacy.
Don’t miss our summary of the initial tax reform proposals from President-elect Trump, planning considerations and best practices, and the history of the estate tax.