Dear Clients, Friends, and Trusted Advisors,
As we approach the end of 2021, we remain very busy. Donna, Liza and I work remotely on most days, but I am in the office a few days a week for appointments when I am not working from beautiful Dumbo Heights, or in Saranac Lake. We have all been fully vaccinated, but we remain respectful in observing your personal safety regime for in-person meetings. Super Lawyers has again named me to their honor roll, and this makes seven years, so far.
Our documents and records remain fully digital, with paper files only as absolutely necessary (such as the Will Vault). Our meetings are conducted via our telephone conference call facility, or via video web connection, as desired. We are now expecting to be able to use a video/zoom alternative we are testing, which does NOT require any downloads or for our clients to enter personal information. Until them, we are running on zoom for video meetings.
This contagion has impacted our perceptions of our mortality, and we hope will spur you fence sitters to action. We are ready to help you review, modify or create your estate, tax and business planning and hope this is moving up your list of priorities. The obvious market volatility and the dramatic changes to the values of our financial and non-financial assets do offer opportunities for timely intervention and tax efficient family wealth transfers and planning. Historically low interest rates allow the use of techniques for intra-family loans and transfers that can greatly and positively affect the financial security and well being of your heirs.
The Estate and Gift Tax proposals in the Build Back Better Act have been substantially diluted as we write this in early November, and passage of any legislation seems uncertain, at best. Please check our Blog Tab for the latest updates.