If rationality abounded, our planning life would be on a straight line trajectory. This is not the case. In addition to clients having competing interests between tax minimization, status quo biases, ensuring productivity and purposefulness in future generations, and an overall antipathy to complicated planning, Congress threatens, and sometimes does follow through on those threats, to change the tax rules. Our clients are confronted with tax law uncertainty, to go with their general indecisiveness on planning actions. And as planning proponents, we have to hedge suggested strategies, thereby further interfering with our clients’ ability to make decisions. We will see what Congress does with the pending Bill, but as we wait for an Act to be passed, or not, how do we advise clients for the rest of 2021? And what does the next 10 years look like for the estate planning practice?

Presented By: Louis Harrison with Harrison & Held, LLP

Mr. Harrison received his BA from Colgate University magna cum laude; his JD from Duke University School of Law (high honors); and his MBA from the University of Chicago School of Business with honors.  He is a partner in the sixty attorney firm where he focuses on sophisticated tax; corporate and estate planning.  His emphasis is on solutions to complex problems, including creative structures to inter family disputes and litigation, consideration of trust structures to provide creditor and spousal protection, post-mortem tax planning, buying and selling of businesses, charitable dispositions, and gifting strategies.  Mr. Harrison represents a significant number of closely held businesses and business owners, as well as executives of numerous public companies.  A frequent speaker and writer on tax and estate planning, Mr. Harrison has spoken before numerous groups nationwide.  He has authored more than 200 published articles on a broad range of tax and estate-planning subjects in legal, accounting, tax and estate journals and periodicals, and is co-author of the books, Sorting Out Life’s Complexities: What You Really Need to Know about Taxes, Wills, Trusts, Powers of Attorneys and Health Care Decisions and Illinois Estate Planning Forms and Commentary.  Mr. Harrison has been a Regent and the Illinois State Chair of the American College of Trusts and Estate Counsel, and as a member of the Chicago Bar Association, he has chaired the Estate and Gift Tax Committee and served on the Trust Law committee and Probate Practice Committee.  Before joining Harrison & Held, LLP, Mr. Harrison was the partner in charge of the Lord, Bissell & Brook Wealth Preservation Group.  

Click here to register