Learn why a lifetime trust may be best for your client.
The 2017 Tax Act has had a significant impact on income taxation, particularly with respect to state and local taxes. While estate taxes may not be an issue due to the large federal estate tax exemption, certain estate planning strategies can save your clients income taxes under the current law. This video reviews how securing a step-up in basis for assets is important and discusses income tax issues with trusts.
Runtime: 24 minutes
More Program Information
