Transition Tax Should Raise Red Flags for Estate Planners - McDermott Will & Emery

Transition Tax Should Raise Red Flags for Estate Planners

Overview


Ellen Harrison commented on the new transition tax to individual shareholders. It’s still unclear what kind of common circumstances in trust and estate planning would be treated as acceleration events that trigger immediate payment, so “it’s a red flag that you need to add to your list of things to watch out for in your planning,” Harrison said.