Course Description: Alan S. Gassman, Kenneth J. Crotty, Christopher J. Denicolo and Thomas J. Ellwanger provide a practical discussion of the top 10 estate planning strategies and changes to pre-existing arrangements that clients and advisors should consider in light of the enactment of the America Taxpayer Relief Act of 2012 (ATRA) that extended the $5,250,000 gift and estate tax exclusion indefinitely, and made other significant and unexpected changes to the tax law in this recorded webinar. During the 90 minute presentation, Mssrs. Gassman, Crotty, Denicolo and Ellwanger will discuss the changes to the tax law brought about by ATRA, what clients and their advisors can do to take advantage of the opportunities created by the new tax law and potential traps for the unwary.
This is a recorded webinar that originally ran live on February 20, 2013. As an eLearning course, you must pass the final exam of this course to receive CPE credit.
Course Level: Intermediate
Course Prerequisites: None
Delivery Method: Self-study
After completing this course, you will:
• Review recent changes to the tax law, and an action item checklist to help assure that clients’ estate and business plans are appropriately structured;
• Understand the various alternatives for making best use of having a $5,250,000 per person gift, generation skipping and estate tax exemptions;
• Become conversant with the primary rules, opportunities and limitations with respect to important 2013 income, estate and gift tax laws;
• Evaluate potential strategies to take advantage of planning opportunities created by the 2013 tax law;
• Understanding drafting trust techniques by which a “step-up” in basis can occur on the death of the surviving spouse; and
• Learn how funding a credit shelter trust on the death of the first dying spouse can provide significantly better results than relying on portability.
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