Navigating the Shifting Tides of Estate Planning

As the saying goes, "change is the only constant in life." This is particularly true in estate planning, which undergoes continuous evolution. Join the UToledo Family Business Center and Center Sponsor Shumaker for a presentation by partner Dave Rectenwald and team members Nic Linares and Jack Kelly, who will discuss several current, pending, and potential changes to estate and succession planning. The presentation will discusses the recent changes in federal pension distributions and how they could affect existing revocable trusts; the recent changes to Ohio law, including those relating to post-nuptial agreements; the 2026 sunset to the 2018 Tax Act that is prompting a flood of large taxable gifts of closely-held interests and other assets and a summary of President Biden’s tax plan that could dramatically impact all gifting and succession planning.