Business
We know that President Biden wants to nearly double the capital gains tax rate for anyone who makes a million dollars or more. Well now, as CNBC’s Robert Frank tells us, the president wants to start collecting that money before you have a chance to do anything to protect it! Assuming that this passes, does that mean we’d be out of luck in terms of tax planning? Hear how Kevin can help you prepare IF this happens! Then, Kiplinger says one reason we need an estate plan is that we should be managing different assets in different ways … depending upon where we want those assets to go when the time comes. What do they mean by that?