Skip navigation
Gassman-GettyImages-1093436000.jpg

New PPP Transfer Rules May Limit Use of Estate-Planning Strategies

What can be done in light of SBA Notice 5000-20057?

As the end of 2020 approaches, along with the possible end of an $11.58 million per taxpayer estate and gift tax exclusion, planners and their clients must decide whether and how to make transfers by gift, sale or a combination thereof, especially given the possibility of a presidential victory for Joe Biden and Democratic congressional candidates. Planners have many options, but Notice 5000-20057 (the Notice), issued on Oct. 2, 2020 by the Small Business Administration (SBA), may limit the

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.


If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.


Questions about your account or how to access content?


Contact: [email protected]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish