1 rich Libsyn https://www.libsyn.com 90 600 Rick and Tammi discuss the dramatically different positions of the Trump and Biden campaigns regarding estate and income tax planning. The impact of a potential Democratic administration includes a need for close examination of client estate and financial plans, as well as a likely return to increased insurance recommendations coupled with special trust planning to help clients deal with likely increased estate tax exposure. &amp;nbsp; Show Notes The election coming up - 2:05 Two visions about planning - 3:28 Trusts and estate planning - 5:40 Insights about taxes - 12:54 The democratic’s position vs Trump’s position - 15:33 Life insurance and trusts - 23:19 The importance of having an insurance policy - 24:14 A democratic control in congress - 25:30 Having access to cash value - 27:57 What will happen if there’s a Biden administration? - 30:54 The Federal estate tax - 33:26 Being able to answer clients’ questions - 35:52 Taking into account the projections - 37:10 About the election - 39:25 &amp;nbsp; Review, Subscribe and Share If you like what you hear please leave a review by clicking here &amp;nbsp; Make sure you’re subscribed to the podcast so you get the latest episodes. Subscribe with Apple Podcasts Follow on Spotify Subscribe with Stitcher Subscribe with RSS The Truth About Estate Planning https://nnepa.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/14801033/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/75536957