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When and how much the tax rate on capital gains will rise could become clear on May 27 when Biden releases his budget.

When and how much the tax rate on capital gains will rise could become clear on May 27 when Biden releases his budget.
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What Tax and Estate Advisors Are Telling Clients About Biden's Proposals

2020 was a chaotic year for advisors to the rich. The headache isn't over with new tax proposals that threaten to upend estate planning as we know it. ....

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A 6-Step End-of-Year Financial To-Do List

A 6-Step End-of-Year Financial To-Do List
Money.com
12/12/2020
© Money; Getty Images
DS-71-To-Do-List
Between the pandemic, the election and the death of Alex Trebek, you’re probably more than ready to leave 2020 behind and never think about it again. Before you can do that, though, there are a few financial tasks you need to complete even amid the uncertainty.
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“[With] the craziness that’s happened in 2020, trying to prepare for 2021 sounds like it’s very, very difficult to do, because we don’t know what 2021 looks like,” says Jason Katz, CFP and principal at Bartlett Wealth Management.
But there are ways to plan ahead anyway. Getting your finances in order now will benefit you later on. We promise: Your future self will thank you. ....

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