Attorney Jennifer D’Amato Offers Commentary in MKE Lifestyle Magazine on Potential Changes to Estate and Gift Taxes Under the Biden Administration

Reinhart Boerner Van Deuren s.c. (Reinhart) Shareholder Jennifer D’Amato has been featured in the February 2021 MKE Lifestyle Magazine article, “Succession Planning: The New Administration Change in 2021 May Usher in Changes in Estate and Gift Taxes." While the current estate tax exemption is $11.7 million, under President Biden’s proposal those that have a net worth over $3.5 million as well as married couples with a net worth of over $7 million have the potential to be impacted by these changes.

Jennifer is a member of Reinhart’s Board of Directors, chair and shareholder in the firm’s Trusts and Estates Practice, chair of Reinhart’s Trust Services and co-chair of the Fiduciary Litigation Service Group. Her clients consist of closely held business owners, wealthy families, private foundations and public charities. Jennifer’s practice includes business succession planning, leveraged gift techniques, generation-skipping transfer tax issues, will, trust and tax controversy matters, fiduciary litigation and estate and trust administration.