Tax Cuts
Discover how tax cuts affect estate planning decisions and wealth transfer strategies. Learn about timing considerations and trust planning opportunities.
What estate planning opportunities become available during tax cuts?
Tax cuts often create favorable conditions for wealth transfer strategies like lifetime gifting and trust funding. Lower tax rates can make it more cost-effective to transfer assets to beneficiaries or establish irrevocable trusts. These periods may also present opportunities to convert traditional retirement accounts to Roth IRAs at reduced tax costs, benefiting long-term estate planning goals.
