Bottom line — have a flexible plan:
The election hasn’t occurred yet, so there’s certainly no way to know which candidate will win. Party platforms haven’t even been finalized. And, there’s no assurance that the winner’s proposals will be enacted. In spite of the above, practitioners should put all clients involved in active planning on notice of Clinton and Trump’s proposals because they’re so dramatically different. No one wants a client coming back after completing a plan and complaining that had they been put on notice, they might have planned differently.
Source: Pre-Election Estate Tax Proposals: Clinton vs. Trump
If attacked, do you want to be Victor or Victim?
At SacredHonor.US, we hate it when people die embarrassed.
And at Protect.FM, we believe good estate plans protect families.
We make it easy for your family to attain the comfort of skill at arms.
David R. Duringer, JD, LL.M, is a concealed firearm instructor and tax lawyer specializing in business and estate planning; licensed to practice law in the states of California and Washington. He is managing shareholder at Protective Law Corporation, serving Southern California from its Laguna Hills (Orange County) headquarters and satellite offices in San Diego County (Coronado and Carlsbad).
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