[REPLAY] How the Election Can Impact Business: Preparing for Change from North American
Recorded 11/13/2024
Key Take Aways –
Election Results
Election Neutral
§ Monetary Policy
§ Government Debt
§ Stock Market
Election Dependent
§ Individual Income Tax Policy
§ Estate & Gift Taxes
§ Qualified Business Income Deduction
§ C Corporation Rates
Insurance products will increasingly be a counter to uncertainty and a way for business owners to separate their personal wealth from their business wealth, pass assets to next generation while mitigating transfer taxes, and as a way to recruit, retain and reward key employees regardless of election neutral or election dependent issues
Change can translate to uncertainty. It only stands to reason then that uncertainty can translate to a client looing at protection type financial products. We in the financial service sector can meet this uncertainty head on through education.