Post-Election Tax Reform: What Financial Professionals Need to Discuss with High Net Worth Clients About Candidate Biden’s Tax proposals

Date: Wednesday, September 23, 2020

Time: 12 pm ET | 9 am PT

Cost: Complimentary

Produced and Sponsored by: Guardian

We are in an election year with potentially significant tax policy implications. As this year’s presidential candidates take significantly opposite positions on such important issues as the estate tax/exemption, the top capital-gains rate, as well as individual/corporate tax brackets, a lot hangs in the balance. The results will impact financial professionals, high-net-worth (HNW) individuals and business owners, as well as potential sales opportunities.

Join this complimentary webcast to learn planning techniques you should discuss now with HNW and business-owner clients about Biden’s tax proposals so that clients can execute on a strategy quickly. Topics covered will include:

  • What the elimination of the basis step-up would potentially look like
  • How lower exemptions could impact the wealth transfer market
  • Planning techniques if the top marginal rates imposed on high-income earners are raised
  • Creative bracket/entity planning if the corporate income tax rate increases
  • Planning techniques in the face of increased capital gains rates and the capping of itemized deductions imposed on high-income individuals
  • Planning techniques if the Social Security tax on high income earners is expanded
  • What to do if Section 199A Deduction Phaseout is implemented for business owners with incomes exceeding $400,000

Speakers: 

Jim Magner, JD, CLU®, ChFC® | Advanced Markets Consultant | Business Resource Center at The Guardian Life Insurance Company of America

Michael Geeraerts, CPA, JD, CGMA, CLU® | Advanced Markets Consultant | Business Resource Center at The Guardian Life Insurance Company of America 

Request Free!