Trusts & Estates
What a Donald Trump Presidency Means for Estate Planning
by Jeramie J. Fortenberry, JD, LLM (Taxation) | Executive Editor and Legal Education Faculty, WealthCounsel
In a surprising upset, Republican candidate Donald J. Trump defeated Secretary Hillary Rodham Clinton on November 8, 2016, to become President-elect of the United States. Republicans maintained a majority in the Senate and the House of Representatives, creating alignment between the White House and Congress and paving the way for Republican-backed legislation.
Download this WealthCounsel Thought Paper to examine some of the potential impact of this unexpected result, including how it might affect:
- Individual income taxes
- Current regulatory tax initiatives, including basis consistency regulations and proposed 2704 regulations
- Gift, estate, and generation-skipping transfer taxes
Complete the form to get your free guide
Related Resources
2021 Tax Cheat Sheets for Clients and Prospects
Download our free tax filing cheat sheets to give to your clients and prospects.
Learn More
Irrevocable Trust Gifting Trust Sample
Download our Irrevocable Trust Gifting Trust Sample and see how Wealth Docx(R) makes drafting gift trusts simple.
Learn More
Tax Reform is Here: What You Need to Know to Advise Your Clients
The 2017 tax reform package is the most significant change to tax law in a generation. Find out what it means for estate planning and business clients in this in-depth thought paper.
Learn More