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[quote=Anonymous][quote=Anonymous]I am bumping this thread Because, and this is a morbid topic, my parents are interested in finding an estate planner or estate planning lawyer Because Biden’s new tax bill is very aggressive. They own about $13m in real estate and $2m in stock. As of now, there is a revocable trust in place that we set up about 10 years ago. It looks like the estate tax exemption will be greatly lowered soon and so before any legislation is an acted we’re hoping to get a jump on the whole thing and set up some kind of estate plan to minimize taxes. Can anyone recommend someone good in the DC area, hopefully somebody who has real estate experience as well? Thank you.[/quote] Your approach really doesn't make much sense. Let Biden sign whatever gets passed (or not), let the estate planning lawyers dissect it, and THEN go make your changes. You cannot plan around a bunch of maybes in potential new legislation. [/quote]
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