Election Results – How Will it Affect Your Estate Plan

from Dan R. Morris

Please join attorney, West Hunsaker as he discusses the recent election results. The results of the Georgia Senate runoff election surprised most of us. How does this now affect your estate and tax planning going forward? The President's proposed changes already outlined significant changes which could affect plans that you previously created

• Inclusion of smaller estate in the Estate Tax, also
known as the “death tax”
• Increase in estate tax rate (currently at 40%)
• Repeal of step-up in basis
• Elimination of like-kind exchanges
• Increased Capital Gains Taxes (from )

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