This is the best time I have ever seen for generational estate planning
Interest Rates are at generational lows which provides extra leverage an flexibility in moving assets out of an estate
Valuations for assets are low due to the recent market volatility, which means a well-thought out plan get more intrinsic value out of an estate.
Estate Tax Exemptions are at all-time highs
Federal and State finances are going to require more revenue implying an increase in taxes
The elections in November could have a massive impact on the generosity and flexibility of the current estate tax climate
States hard hit by the COVID-19 epidemic may face particular economic and social concerns that require extra funding. (New York is a good example)
There is going to be a mad rush for a lot of families to accomplish their estate planning before the end of the year (and thus a mad rush around the advisors to implement this planning)
