As our nation becomes more divided politically, each election takes on added meaning for the legal and tax world as well, as each incoming regime attempts to scrub away many of the policies put in place by the previous one. Best to plan now for potential tax upheaval.
In this excerpt from a recent webinar presented by Oppenheimer's Jonathan I. Shenkman, moderator Susan Lipp, editor in chief of Trusts & Estates, and a panel of tax experts discuss the planning strategies clients should take to prepare in the event a Democrat (Vice President Joe Biden is the presumptive nominee) wins the White House in the upcoming election.
The experts include:
- Al W. King III, co-founder, co-chairman and co-chief executive officer, South Dakota Trust Company LLC
- Martin M. Shenkman, founder, Shenkman Law
- Joy Matak, principal and tax director, CohnReznick