Wealthy Should Act Now to Prepare for Bernie Sanders’s Estate Tax Proposal

From Kiplinger:

On March 25, 2021, Sen. Bernie Sanders and the White House formally proposed a bill called “For the 99.5% Act” — so called because it aims to tax the wealthiest 0.5% of Americans — which proposes to change our current estate and gift tax system. Read more.

This article was submitted by Justine Overturf Singh, Fifth Third Private Bank. If you would like to submit content or write an article for the Estate Planning & Administration Section, please email Kara Sikorski at ksikorski@indybar.org.

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