Your Voice Matters. Urge your representatives in Congress to extend and enhance the tax provisions of the TCJA.
This webcast, hosted by Pat Soldano of Family Enterprise USA and Policy and Taxation Group, features Michael Offenheiser from Brown & Streza discussing fundamental estate planning for high net worth families. Michael explains that effective estate planning for wealthy families requires more than basic wills and trusts. He covers creating robust and flexible trust structures, incorporating directed trustee structures, integrating irrevocable trusts, and using powers of appointment. The webcast aims to provide viewers with practical strategies for building flexible, protective, and future-driven estate plans. Michael also discusses the importance of avoiding probate and conservatorship, tax-efficient planning, and protecting assets from creditors, estate taxes, and divorce. He addresses the complexities of managing wealth across generations, including business succession planning and the integration of complex assets. The video also touches on the current estate tax laws and potential changes.
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The need for fact-based reporting of issues important to family owned businesses and protecting a lifetime of savings has never been greater. Now more than ever, successful families and family owned businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to family owned businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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