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Estate and Tax Planning in These Unexpected Times – Yahoo Finance NewsColony Our law firm has received myriad questions about estate and tax planning from clients due to the current coronavirus health crisis and the resulting stock market and economic fallout. These unusual times have created equally unusual opportunities and challenges for many people. An Estate Question about an Ailing Elderly Parent <h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SEE ALSO: Warren Buffett’s Famous Saying Bears Repeating Now ” data-reactid=”21″>SEE ALSO: Warren Buffett’s Famous Saying Bears Repeating Now One client reached out to us about an elderly parent with a life-threatening illness. The client asked what the family should be thinking about as far as the parent’s estate plan, considering the historic stock market plunge we’ve seen in the past few weeks. As the gift tax is based on the value of the asset at the tim...