Sen. Bernie Sanders introduced legislation on April 4th to establish a progressive estate tax on the wealth of the top 0.2% of Americans and significantly increase rates on billionaires. In this episode, Bob Keebler, CPA/PFS interviews Jonathan Blattmachr and Professor Mitchells Gans, who answer the questions:
- What impact would the For the 99.8% Act have on estate, gift, and generations skipping transfer tax exemptions?
- What strategies should you consider now to best serve your clients?
Access the related resources from this podcast:
- The Adviser’s Guide the Financial and Estate Planning
- Broadridge Advisor (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms.
The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.