Stuff happens. An estate plan that looked good ten years ago may not be good today, whether because of new laws or new situations. This presentation covers several strategies for “unwinding” one or more of the techniques implemented as part of a prior estate plan.
Estate planners must recognize the tax traps and opportunities that accompany the client with a closelyheld business. This session will review the federal income tax issues and planning strategies for C corporations, S corporations, partnerships, and limited liability companies, and how they affect contemporary estate planning techniques.
The income tax rules governing grantor trusts, the centerpiece of most estate plans, have been around for over 65 years, and yet there are still very basic questions for which there are no answers. This session asks and answers those questions, including the best powers for creating grantor trusts, the ability to “toggle” grantor trust status, and situations for exercising a power to substitute assets.
Recent changes in the federal tax laws have fundamentally changed tax planning strategies for married couples. This session presents separate planning templates suitable for couples with small, medium, and large estates. Specific topics addressed include the portability election, maximizing the use of the income tax step-up in basis, and the role of disclaimer planning.
Stay up to date with this informative and entertaining recap of important cases, rulings, regulations, and legislation from the past 12 months in the federal income, estate, and gift tax laws.
The Dallas Foundation - Sep 29 2021
This was the first time working with your team and I was very impressed. They were responsive to my emails and prompt with sending materials and other information I needed. It was a great experience.
Minnesota Society of CPAs
- Nov 18 2020
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