Estate Planning Opportunities in the Current Environment

Planning & Strategy

As the 2020 presidential election draws closer, family shareholders are taking a closer look at their estate plans and working with advisors to craft strategies to take advantage of the current environment.

We recently recorded a webcast with Brook Lester, Chief Wealth Strategist at Diversified Trust, to discuss the how enterprising families can think about current estate planning opportunities.

As family business leaders tackle the many operating challenges thrust upon them by the COVID-19 pandemic, it is tempting to let tasks like estate planning fall to the bottom of the to-do list. While estate planning may appear to be less pressing than other issues, the positive impact of effective planning on the long-term health of both the family and the family business is hard to overstate.

If your family business is overdue for some ownership transitions, you should not miss the current opportunity for tax-efficient estate planning transfers. Check out this short (less than 30 minute) webcast for more insight on the current opportunity to enhance the long-term sustainability of your family business.