It is entirely possible that some estate planning opportunities will disappear – or be adversely impacted as the fiscal cliff looms at the end of 2012. Advisors and their clients are working with clients to establish and fund trusts to make use of some or all of the temporary $5,120,000 lifetime gifting exclusion, taking into consideration that anything over $1,000,000 makes use of an allowance that may never be available again. Such trusts can benefit the grantor’s spouse and descendants, and provide very strong creditor protection, responsible family and fiduciary structure, and protection in the event of divorce or financial reversal of the Grantor. Most of these trusts are being formed in the client’s home state, without the need to use “asset protection jurisdictions” or specialty provisions that apply therein. This timely webinar from Bloomberg BNA, Final EGT Planning in 2012: How to Design, Explain and Implement Dynasty Trusts and Asset Protection, presented by Alan S. Gassman, Kenneth J. Crotty and Christopher J. Denicolo, provides advisors with techniques and opportunities, practical ideas, and useful client explanation charts, sample clauses, and checklists for last-minute EGT planning. During this live webinar, Gassman, Crotty and Denicolo will cover:
Prerequisite: NoneLevel: Intermediate to AdvancedDelivery method: Group liveRecommended CPE credit: 1.5 credits
Alan S. Gassman, J.D., LL.M., Kenneth J. Crotty, J.D., LL.M., Christopher J. Denicolo, J.D., LL.M., Gassman Law Associates, P.A.