How Will Tax Code Changes Affect High-Net-Worth Investors?

shutterstock_358491389

 

Taxes were a huge part of President Trump’s campaign but so far the Trump administration hasn’t announced any new legislation. However, even though no big tax changes have been made to our country’s tax system they are almost certainly on the way. Depending on your financial status, the expected changes could have a huge impact on you going forward.

Particularly, high net worth individuals are expected to benefit greatly from President Trump’s new tax code. However, when it comes to investing there is a lot of uncertainty as to how any possible tax changes will affect the portfolios of high net worth investors.

Trump has promised to lower taxes on both individuals and corporations. Part of his strategy is to lower capital gains, which would be good news for all investors. However, in order for top investors to stay on top they will have to buy into the right investments to maximize their tax savings.

Many wealth managers are already gearing up for the expected changes and several agree that private placement life insurance is a good bet. According to one wealth-planning manager, PPLIs “provide cash value appreciation based on a segregated investment account and a life insurance investment.”

PPLIs have long been a popular choice for the extremely affluent since the early 1990s, but they are now available to an even larger group of wealthy investors, and they are a great way to accumulate wealth and achieve large tax benefits. Therefore, it’s very likely that many high-net-worth individuals will be adding PPLIs to their portfolios as tax changes take place.

http://www.forbes.com/sites/russalanprince/2017/02/07/changes-in-tax-code-will-lead-to-changes-in-high-net-worth-investment-portfolios/#ce634f681e99

Posted in
George McGherin

George McGherin of The McGehrin Group

Transcript of George McGherin, of the McGherin Group, interview by Alan Olsen for the American Dreams Show: Alan Olsen: Welcome to today’s show I have with me, George. McGehrin George, welcome, George McGherin: Alan, it’s good to be here. It’s good to catch up with you. Alan Olsen: So, George, you’re a founder of the…

The Flip Transaction

The Flip Transaction: Bringing Your Foreign Startup into the US Investment Market

By Roger Royse, Partner, Haynes Boone, LLP in Palo Alto, CA. The flip transaction, bringing your foreign startup into the US investment market.  Non-US startups often arrive at the point where they wish to seek funding from a US venture capital firm or establish a presence in the US.  Sophisticated investors tend to prefer to…

Derek Lobo

Derek Lobo of SVN Rock Advisors

Derek Lobo of SVN Rock Advisors interview transcript, by Alan Olsen for the American Dreams Show: Alan Olsen: Can you give us your background of how you got to where you are today and start with your educational experience and the entrepreneurial model that that you built here? Derek Lobo: Well, you know, I guess…

Doug Carey

Doug Carey: Carey & Associates Insurance Services

Doug Carey, Carey & Associates Insurance Services, interview transcript, by Alan Olsen for The American Dreams Show: Alan Olsen: Can you share some of your background with us? Doug Carey: I grew up in Menlo Park, California and just across the bay from you weren’t to went to law school University of California Hastings in…