Some Estate Planning and Business Transition Issues Not to Overlook Before 2021 Year-End | Schwabe, Williamson & Wyatt PC

As we enter the final quarter of 2021, there are many things still to do and plan for before the end of the year. There are also some timing considerations given proposed legislative changes and the lead time needed to accomplish some of these items. You should be reviewing your year-end estate planning or business transition concerns NOW. There are several things to contemplate and review, such as year-end gift giving, valuations, and tax considerations, including issues specific to those who took out Paycheck Protection Program (“PPP”) loans.

Below is a list of items we’ve identified that you might want to consider as you plan for the end of 2021 and future transitions. 

Year-End Gift Giving
Estate Planning
Year-End Charitable Giving
Year-End Planning For Income Tax Issues
Paycheck Protection Program (“PPP”) Loans and Year-End Planning 
Business Transition Planning 

Year-End Gift Giving

Federal gift tax exemptions are at an…

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