- This event has passed.
Extension and Increase of Basic Exclusion Amount: Including Impact On “Moderately” Wealthy Clients
November 12 @ 4:00 pm – 5:00 pm
Webinar Description
This webinar will provide a discussion of a wide range of current estate planning topics in the post-OBBBA environment:
- Non grantor trusts can be used to maximize charitable contributions and SALT and other OBBBA benefits.
- Non-grantor SLANTs are an important technique, but who qualifies as an adverse party?
- Terminating existing trusts for basis step up has become a conversation topic with many clients, but does it make sense?
- When and how might it be accomplished?
- What are the pros/cons and considerations of terminating a trust?
Other topics will be touched on as well. For example, asset protection – and in particular domestic asset protection trusts (DAPTs) – are important to planning with the new high exemption to ensure access. Recent cases from Delaware and Colorado will be reviewed. Many of the decisions about which type of trust to use for which client have changed – such as incomplete vs. completed gift trusts considering the higher exemption and basis step up. Determining how much access to give a settlor in an irrevocable trust has evolved. This new calculus – hybrid DAPT, SPAT, loans, underlying entities, tax reimbursement (new CCA) – will be reviewed, along with how to adapt planning for clients of moderate wealth. We’ll discuss when it makes more sense to use local trusts and individual trustees, instead of settling a trust in a different state with an institutional trustee. We’ll also cover portability, including the recent Rowland estate – many clients may overlook the portability option due to the newly-high “permanent” exemption, but most should still file to preserve the deceased spouse’s unused exemption (DSUE).
Meet Our Speakers
Jonathan G. Blattmachr, Esq.
InterActive Legal Advisor
Martin M. Shenkman, Esq.
InterActive Legal Advisor
Webinar Tips
- After registering, you will receive a confirmation email containing information about joining the webinar.
- Please note that space is limited in the live broadcast, and we therefore recommend that you join early. Those connecting late may not be able to participate in the live event. However, if you find that you cannot connect, you will receive a link to the recorded version as soon as possible after the live presentation has concluded.
- If you are interested in an InterActive Legal Webinar but you are unable to attend the live event, we recommend that you register for the event anyway. After the presentation, all registered participants receive a link to the recorded version of the presentation to view at their convenience.
- Visit our website event page to learn more about what is happening at InterActive Legal.
Webinar Sponsors
Continuing Education Credits
InterActive Legal is not an approved Continuing Education (CE) Sponsor. However, several states and regulatory agencies for a variety of professionals that participate on our teleconferences may still receive continuing education credit for their participation. If a participant wishes to receive CE credit for their participation in these teleconferences, they must apply to receive credit on their own and through their individual states and regulatory authorities. It is the responsibility of the participant to file for CE credit and is not guaranteed by the webinar sponsors.
Connect, Collaborate and Create ®
Estate Planning and Elder Law professionals turn to InterActive Legal as their main resource for the latest planning strategies. We provide the most comprehensive productivity system on the market with an easy-to-use document drafting system, extensive continuing education, thought-provoking discussion forums, and more.
