In this solo episode of Success That Lasts, Jared Siegel discusses the recently proposed tax changes for 2022. <ul>
<li>“The proposal includes a new top ordinary income tax bracket of 39.6%. This rate would apply to a single filer with taxable income in excess of $400,000 a year or a joint filer with taxable income in excess of $450,000 a year,” Jared shares.</li>
<li>“Another notable change to the estate code would be what appears to be a crackdown on the grantor trust planning strategies,” he adds. “It seems as though the intentionally defective grantor trust would no longer be a viable strategy; transfers between grantor and grantor trusts would be treated as a sale. Finally, the proposal includes the elimination of valuation discounts, such as no more discount for lack of marketability and minority ownership.”</li>
</ul> ResourcesJared Siegel on <a href="https://www.linkedin.com/in/jaredcsiegel/">LinkedIn</a> | <a href="https://twitter.com/jared_c_siegel">Twitte</a><a href="https://twitter.com/jared_c_siegel">r</a><a href="https://www.delapcpa.com/">DelapCPA.com</a>

Is Now a Bad Time to Invest?

Success doesn’t always feel like success, and when it looks like you’ve ‘made it’ to the rest of the world, you can be left feeling like there’s still so much to do – but without a clear direction or plan. On the Success that Lasts podcast, hosted by Jared Siegel, we're going behind the scenes with business owners, real estate investors, and industry consultants to deconstruct the complicated topic of success.  We'll be exploring questions, strategies and experiences that help create clarity and confidence surrounding your financial decisions.The content of this podcast is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law.  Delap Wealth Advisory LLC is wholly-owned subsidiary of Delap LLP.  Jared Siegel is a partner in Delap LLP and is hosting the show in his capacity as a partner in Delap LLP. All opinions expressed by Jared Siegel on this podcast and on the show are solely Siegel's opinions and do not reflect the opinions of Delap LLP or its affiliates, and may have been previously disseminated by Siegel or the firm on another medium. You should not treat any opinion expressed by Siegel as a specific inducement to make a particular investment, decision or follow a particular strategy, but only as an expression of his opinion. Siegel’s opinions are based upon information he considers reliable, but neither Delap LLP nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Siegel, Delap LLP, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided on this podcast. Siegel’s statements and opinions are subject to change without notice. No part of Siegel’s compensation from Delap LLP is related to the specific opinions he expresses.