Life Insurance is a ubiquitous asset that has unique features and is uniquely (and favorable) treated under many legal systems, including for bankruptcy and for tax purposes. It is also one of the least understood properties with which Americans and their advisors face. This webinar with cover how life insurance is structured, priced and taxed. It will provide guidance as to when it should or should not be used and will explain why it almost never will be the magic bullet for avoiding estate tax. Given the vast number of SLATs and SLAT like trusts created in 2020-2021 the program will review how various types of insurance (life, disability and long-term care) can be integrated into a SLAT (SPAT, DAPT, Hybrid DAPT) trust plan to safeguard the clients and even safeguard the practitioner. If the trust income tax surcharges enacted as part of the House version of Build Back Better become law, life insurance may have increased importance as a tool to protect trust income from high tax rates.

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.

Webinar Sponsors

Jonathan G. Blattmachr Esq.

Mr. Blattmachr is a Principal in ILS Management, LLC and a retired member of Milbank Tweed Hadley & McCloy LLP in New York, NY and of the Alaska, California and New York Bars. He is recognized as one of the most creative trusts and estates lawyers in the country and is listed in The Best Lawyers in America. He has written and lectured extensively on estate and trust taxation and charitable giving.

• Jonathan G. Blattmachr Esq.

  https://interactivelegal.com/author/jonathan-g-blattmachr-esq/

  State Death Taxation in Light of ERTA
• Jonathan G. Blattmachr Esq.

  https://interactivelegal.com/author/jonathan-g-blattmachr-esq/

  The New 1041 Audit System of the Internal Revenue Service
• Jonathan G. Blattmachr Esq.

  https://interactivelegal.com/author/jonathan-g-blattmachr-esq/

  TEFRA and Estate Planning

Martin M. Shenkman Esq.

Martin M. Shenkman is an attorney in private practice in Fort Lee, NJ, and New York City.  His practice concentrates on estate and tax planning, planning for closely held business, and estate administration.  Mr. Shenkman is an author of over 42 books and more than 1,000 articles.  He is an editorial board member of Trusts & Estates Magazine and the Matrimonial Strategist, and an advisor for InterActive Legal.  He is the recipient of many awards including being a 2013 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planning Counsels.  Mr. Shenkman was named Financial Planning Magazine 2012 Pro-Bono Financial Planner of the Year for his efforts on behalf of those living with chronic illness and disability.  Investment Adviser Magazine featured him on the cover of its April 2013 issue naming as the lead of their “all-star lineup of tax experts.”

• Martin M. Shenkman Esq.

  https://interactivelegal.com/author/martin-m-shenkman-esq/

  Need for Financial and Estate Planning for People with Chronic Brain Disease
• Martin M. Shenkman Esq.

  https://interactivelegal.com/author/martin-m-shenkman-esq/

  Sample Letter to Clients Regarding Proposed 2704 Regs.
• Martin M. Shenkman Esq.

  https://interactivelegal.com/author/martin-m-shenkman-esq/

  Year-End and Post-Election Planning