Johnston, RI | Boca Raton, FL – September 9, 2024 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partner Gene M. Carlino today issued an Advisory on the proposed federal estate tax reforms that could significantly impact high-net-worth individuals’ and families’ estate planning, charitable giving and financial strategies in 2025, and beyond.
The American Housing and Economic Mobility Act of 2024, which is supported by presidential candidate Kamala Harris, represents a dramatic shift from current tax policies. Attorney Carlino’s Advisory, How the 2024 Elections and Proposed Estate Tax Reforms Could Impact Estate Planning Strategies, offers an in-depth analysis of the reform’s key elements and repercussions on current planning techniques. To read the Advisory, click here.
“PLDO’s Trust and Estate Attorneys are focused on staying ahead of proposed legislative changes that can significantly impact our clients,” said Attorney Carlino. “The best opportunity to mitigate the effect on your estate is to act now. We urge everyone to review their estate plans before the end of the year and contact us to discuss strategies that can help minimize potential tax consequences.”
If you have questions or need assistance, please contact Gene M. Carlino at (401) 824-5138 | gmcarlino@pldolaw.com; Bernard A. Jackvony at (401) 824-5185 | bjackvony@pldolaw.com or Leah A. Foertsch at 561-362-2030 | lfoertsch@pldolaw.com. For information about PLDO, visit pldolaw.com and follow us on LinkedIn, Twitter and Facebook.
