Under the current administration, gift and estate tax exemption levels have skyrocketed to heretofore unseen heights. However, that may change after November's election. How can clients best use this valuable resource before it potentially comes back down to earth?
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 weigh in on how to take advantage of the current unprecedentedly high estate and gift tax exemption levels.
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
Stay tuned for more excerpts from this panel regarding other topics dealing with taxes and the upcoming election.