March 20, 2023 – Principal and Managing Director, Mallon FitzPatrick was featured on InvestmentNews “IN the Office” discussing ‘Why current market conditions and regulations make this the ideal time to transfer wealth.’ “There’s two reasons right now that it’s a great time to transfer wealth. One, we have the highest lifetime exclusion at $13 million, with the exception of 2010 when there was no estate tax. And two, markets are down – they’re off their highs,” said FitzPatrick. “So with those two factors, you can transfer more wealth than you ever had at a lower value, but that appreciates outside the estate hopefully if markets recover, which they have historically.” Watch Mallon’s full interview with Gregg Greenberg here: https://bit.ly/3LCGBDU
