XPX – PHILADELPHIA – EXTRA SPECIAL SESSION – Wealth transfer strategies currently and uncertainty from the pending election

The projected October 2020 applicable federal rates (AFRs) and Section 7520 rate are in, and each is at or near an all-time record low. The Section 7520 rate, which applies to grantor retained annuity trusts (GRATs) and other strategies, will be 0.4% in October, an all-time low. The mid-term AFR, which applies to intrafamily sales and loans having a fixed term of more than three years, but no more than nine years, are expected to be 0.39% in October, also near an all-time low. Which lifetime wealth transfer strategies are likely to produce the best results in the current environment, particularly around the uncertainty of the impending election and the proposed Biden Tax Plan? 

Please join us to explore opportunities to plan on behalf of clients in advance of the election and hear about considerations related to the capital markets in regards to the contentious election.