Vlahos Comments on Biden’s Tax Plan
September 9, 2021 |Louis Vlahos was quoted in the ThinkAdvisor article, “Biden’s Tax Plan May Trigger Key-Person Life Settlements.”
The article explains that capital gains tax bills could rise, boomer business owners may want to avoid the tax bills by selling quickly and the shift could leave the sellers with unwanted life insurance policies.
Vlahos stated, “The owners of many closely held businesses have already sold their business this year, while others are in the process of selling their business or are preparing for, or considering, such a sale before the end of the year.”
Read the full article here.
