High Net Worth Estate Planning Series

Legislative Proposals and Year End Tax Planning for 2021


Martin M. Shenkman, CPA, MBA, PFS, AEP, JD is an attorney in private practice in Fort Lee, New Jersey and New York City who concentrates on estate and closely held business planning, tax planning, and estate administration. He is the author of 42 books and more than 1,200 articles. He is a member of the NAEPC Board of Directors (Emeritus), on the Board of the American Brain Foundation, and the American Cancer Society’s National Professional Advisor Network.

Jonathan Blattmachr is the Director of Estate Planning for the Peak Trust Company, a Director at Pioneer Wealth Partners, LLC, a wealth management firm in New York City, and is co-developer with Dallas Attorney Mike Graham of WEALTH TRANSFER PLANNING, a computer system for lawyers that offers specific client advice and automatically prepares wills, trusts, and other estate planning documents using document assembly.

November 16, 2021
It’s mid-November and the new tax proposals are still up in the air. What should practitioners and tax payers do to protect assets, plan estates and minimize taxes in this unknown environment? This is the topic we tackle on this episode of Legal Visionaries when host Mary Vandenack, Founder and Managing Partner at Vandenack Weaver talks to well-known estate and tax planning legal experts, Marty Shenkman and Jonathan Blattmachr. How may new legislation affect Grantor Trusts? Will new laws be retroactive? Should clients use their tax exemption, or part of it, before the end of the year and how will the IRS view this? Will a solid estate plan take care of the issues and do you have to address everything now? What about charitable giving in 2021? Tune in to learn what you should do right now to protect yourself no matter what happens in Washington.