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Capital Gains: When Policy is Prologue

Wilmington Wire
oxtain

November 17, 2020 — The 2020 election has ushered in a new administration as well as the prospect for a divided government that could reduce the risk of dramatic tax changes. Major tax hikes are less likely to be implemented without Democrats controlling the House and the Senate. Two critical runoff elections in January will determine partisan control in the Senate. If both seats in Georgia go to Democrats, then the Vice President would break the tie in the Senate.

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10 Tax-Savvy Steps to Consider Taking Before New Year’s Eve

Wealth Planning

Best not to wait until the last minute, so we’ve made a list and checked it twice. Each step may bring you closer to preserving or enhancing your assets, leaving you more to enjoy or share with those who matter most, but decisions are best made with guidance of your tax professional and Wilmington Trust advisor.

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