You know what they say, “Nothing lasts forever,” which is especially true for tax changes. How many have you seen in your lifetime? If you’re older, then probably quite a few, and if you’re younger, then saddle up.

It’s quite the roller coaster ride we’re all on. Updating our estate plans, rearranging our finances with this strategy, and that workaround to protect our hard-earned assets so our retirements and legacy don’t get blown up by various tax rate hikes, penalties, and whatnot.

With a new administration in office, we once again see some significant proposed changes. The infrastructure bill has been finalized, and now it’s on to negotiations in the House.

In today’s episode, we’re breaking down his proposals and changes because a couple of heavy hitters have the potential to impact everyone.

These items include:

  • All the major provisions proposed so far.
  • What’s likely to be changing and what is not… yet. You’ll want to listen to take note of current laws so you can take action now.
  • A variety of strategies to reduce tax bills and recommendations to plan and protect yourself if these proposals eventually hit the ground running.

You don’t want to put listening to this podcast off. Download a copy of our Know Your Possibilities Guide, and press play. Now is the time to get your affairs in order to make sure you are protecting the future of your wealth.

P.S. Looking to meet with Richard or Angela at our office in Alamo, CA? Want to discuss more of what you heard in this episode? Schedule a free 30-minute session and find the peace of mind you deserve for the rest of your life. You can also reach us by calling 925.736.6410 or sending an email to

We’re proud to present you with our “Know Your Possibilities Guide,” a tool and free resource for you to take notes, review, keep on hand, or even share with your friends and family. So grab your copy, click the play button, and follow along. You’re just minutes away from discovering your next Place of Possibility.

A Glance at this Episode:

4:12 – Some major changes have been proposed in Biden’s tax plan. These are the items that seem likely to pass so far.

6:49 – Looking for some insights on how to cut your capital gains tax rate? You’re going to want to listen here.

11:22 – Here come the heavy hitters. Richard and Angela discuss the not-so-great estate tax changes that will impact a lot of people.

19:21 – Hold up, wait a minute, there’s another proposed plan? Yes, the Bernie Sanders “For the 99 1/2%” plan. Press play here for this one.

24:19 – Let’s talk about annual gifts, folks. This is important to know what these changes are all about.

27:28 – Well, now that we’re here, how do we plan for this? Is there any preparation that can be done? Let’s discuss.


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Links/Resources Mentioned in this Episode:

Endless Inheritance

“One-size-fits-all” won’t fit you here! The Del Monte Group team understands that everyone’s financial goals are unique. That’s why we always provide customized advice. No matter where you are in life, you can depend on our proven expertise to provide financial planning support for long-term success. Ready to get started? Schedule a meeting with Richard or Angela in our Alamo, CA based office today or we can meet via Zoom! >> You can select a date and time that works for you via our calendar, call us at 925.736.6410, or send an email to We can’t wait to help you!

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