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Rich Americans Who Fear Higher Taxes Hurry to Move Money Now
Posted
December 21, 2020
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19,583
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December 21, 2020
19,583
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0:49Now PlayingRich Americans are rushing to make large transactions before the end of the month, trying to get ahead of any moves next year by President-elect Joe Biden and Democrats in Congress to raise taxes or close loopholes.
Some advisers say they’re busier than ever in the last weeks of 2020, especially with helping clients transfer wealth to the next generation tax-free while they still can. Appraisers, who are crucial for valuing assets used in these estate planning strategies, have been inundated.
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