ABC Trust Planning and the Portable Exclusion 25-26
8.00 Credits
Member Price $329
Non-Member Price $439
Overview
Increasingly, clients need to simultaneously address: the estate, gift, generation-skipping, income, and property tax implications of estate plans; the pros and cons of relying on the portable exclusion to avoid estate tax; and current steps to handle a reduced exclusion and Clawback. In this course, we examine the role of the marital deduction and Survivor’s Trusts (“A” trusts), ways to maximize planning opportunities by building flexibility into the modern estate plan, the qualitative and quantitative implications of various strategies affecting blended families, whether to use Bypass (“B”) Trusts or QTIP (“C”) trusts, and whether to file a Form 706 when it’s not required.
Highlights
The interplay of the estate, gift, generation-skipping, and income taxes Claiming and protecting the portable exclusion Marital deduction planning: rules for and reasons to use Survivor s and QTIP trusts B (Bypass) trusts A (Survivor s)/ C (QTIP) trusts planning What planners should tell their wealthy clients after the issuance of the Clawback RegulationsPrerequisites
None
Designed For
CPAs, attorneys, financial advisers, insurance advisers, trust officers, paralegals and estate planners.
Objectives
Determine how to properly apply recent tax and legal developments Recognize how to claim the portable exclusion at the first and second deaths Identify the pros and cons of B (Bypass) trusts Recognize the trend toward A (Survivor's)/ C (QTIP) trusts planning, leaving out B (Bypass) Trusts and when it is appropriatePreparation
None
Leader(s):
- James Gardner, CalCPA Webcasts
Non-Member Price $439
Member Price $329