Telemus Blog

Democrats’ Tax Plan Upends Estate Planning Using Trusts With Life Insurance

Written by Financial Planning | Oct 5, 2021 8:30:14 PM

 

Tax plans taking shape in Congress could threaten estate planning strategies for wealthy individuals, especially those using trusts with life insurance. Recently, Andrew Bass spoke with Financial Planning on how existing grantor trusts would most likely remain grandfathered under the proposed tax plan.