This 90-minute roundtable discussion featuring WealthCounsel principals, Carl Waldman, Stan Miller, and Bill Conway, will cover not only what we know now about the Tax Cuts and Jobs Act of 2017, including the Basic Exclusion Amount and current interest rates, but also what we suspect about the economic environment and the potential implications of the Biden tax plan, including proposed changes to the corporate tax rate, individual income tax, and basis step-up elimination. This discussion will also focus on a number of innovative estate planning strategies designed to help clients take advantage of the changing climate, including (1) Grantor Retained Annuity Trusts, (2) Installment sales to Intentionally Defective Grantor Trusts (IDGTs), (3) Sales of Family Limited Partnerships to IDGTs, (4) Irrevocable Life Insurance Trusts, and (5) Spousal Lifetime Access Trusts.