November 15, 2021
As you may know, the House Ways and Means Committee submitted their proposal to congress on September 13, 2021 that could bring incredible changes to our estate planning clients. Since then, it’s been a wild ride and there’s been a lot of information circulating around about what this means. As things continue to change, we’ve been keeping an eye on this topic and wanted to share some helpful information and resources for you so you can make a well-informed decision about how to protect your estate plan. The latest proposal on October 28, 2021 removed many of the changes related to estates and trusts.
Here’s what remains:
Here’s what was removed:
This should be good news for most people. If you believe your estate plan may be affected by the proposed tax bill or you haven’t looked at your plan in a while, please contact us at 916-241-9661 or firstname.lastname@example.org.