Tax code

Waiting too long means clients will miss out on the opportunity to maximize the plan’s full tax benefits.

Advisors may need to alert clients as to when these checks will be taxable.

Financial planners report wide demand to learn how to exploit changes in the tax code.

They have become increasingly attractive as real estate prices climb.

The proposal includes cuts that would benefit businesses, the middle class and certain high-earning individuals but left unanswered questions about whether the plan would be paid for, or how.

Confusion among affluent taxpayers could lead to new ways to help clients.

"The uncertainty is often more stressful than the reality" when it comes to planning for a change in administration.

A recent agency memorandum cited several legal cases to back up its opinion.