In the spirit of not waiting until the last minute, in this case New Year’s Eve, tax experts at Wilmington Trust have compiled a checklist for advisors with tips that can help clients come closer to preserving or enhancing their assets.
“If 2020 has taught us anything, it’s that the future is unpredictable,” says Wilmington Trust, which provides wealth and institutional services for M&T Bank.
It’s important to put wealth plans, liquidity solutions and investment portfolios to the test to determine whether they can withstand the stress of scenarios different from ones that were anticipated.
See the gallery for 10 tax-savvy steps to consider taking before year-end.
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