Potential Tax Hikes Turn Estate and Wealth Planners Into 'Triage Center' for the Rich
Douglas Schneidman was quoted in the article, "Tax Hikes Turn Estate and Wealth Advisors Into 'Triage Center' for the Rich," [sub. req.] which was published in Financial Planning on October 12, 2021.
In the article, Doug comments on the unclear effective date of potential tax increases on high net worth individuals: "[r]umblings from Congress and the estate planning community suggest the effective date of the grantor trust rule changes could be the date of introduction of the (tax) bill and not the date of enactment (the signing date)."