Tax Cuts and Jobs ACT Impact- Guide to High Net Worth Individuals-=asset Protection

The CCH Answer Connect Guide High Net Worth Individuals (Asset Protection) addresses the fact that the newly enacted Tax Cuts and Jobs Act makes significant changes to provisions of the Internal Revenue Code affecting high net worth individuals, their investment entities and family offices. These changes are likely to spur gift planning, increase the use of trusts to reduce exposure to state income taxes, give rise to new compensation arrangements and other changes within family offices, and to provoke questions about conversion to corporate form.