I can shed some light on one of the most significant issues for many: the effective date of any increase in the long-term capital gains tax rate.
As an estate planner, you should have up-to-date powers of attorney and inform the agents you name in those documents how they can access them if they don’t already have copies.
If your clients are in need of additional funds during this pandemic, Congress has made one source more available if you are fortunate enough to have an account balance in your retirement plan and your plan has adopted the new provisions allowed by the CARES Act.
