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Advanced Estate Planning for Large Estates: Utilizing FLPs, Dynasty Trusts, SLATs, CRUTs/CRATs, Gift-Sale Transactions, and Non-Grantor Trusts

An encore presentation with Live Q&A.

Recording of a 90-minute CLE/CPE video webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Thursday, January 4, 2024

Recorded event now available

or call 1-800-926-7926

This CLE/CPE webinar will provide an analysis of mechanisms and key considerations for utilizing various trusts, family limited partnerships, charitable giving vehicles, and other techniques aimed towards providing effective estate planning and asset protection.

Description

Estate planning is crucial for large estates to preserve wealth and reduce tax liability. The increase of the estate and gift tax exemption amounts provides opportunities for reducing wealth transfer tax, as well as reducing capital gains taxes. With the increased estate and gift tax exemption set to sunset in 2025, these opportunities are of particular relevance.

Estate planning for large estates focuses on specific wealth transfer planning techniques essential to obtaining the best tax advantages on both the federal and state levels, avoiding family conflict, reducing estate costs, and preserving wealth.

Listen as our panel discusses effective mechanisms for utilizing various trusts, family limited partnerships, charitable giving vehicles, and other techniques aimed towards providing effective estate planning for large estates. The panel will also discuss income tax basis planning and preserving basis adjustments, gift strategies, modifying formula clauses in current estate documents, and state tax issues.

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Outline

  1. Estate planning issues and opportunities for large estates
  2. Preserving basis adjustments and available techniques
  3. Available gift strategies and when to use them
  4. Drafting or modifying documents for income and estate tax planning flexibility
  5. State tax issues that must be considered
  6. Best practices for estate planners for large estates

Benefits

The panel will review these and other key issues:

  • What are the challenges and available opportunities for estate planning for large estates?
  • How can a family limited partnership be used as part of an estate plan?
  • What are the available gift strategies?
  • What are the available charitable planning techniques and structures?
  • What are the available mixed gift-sale opportunities and how are they helpful/when should they be used?
  • Which structures allow you to continue to access transferred assets?
  • What are the state tax issues and methods to limit their impact?
  • How can non-grantor trusts be utilized?

An encore presentation featuring Live Q&A.

Faculty

Plum, Deborah
Deborah A. Plum

Attorney
Withersworldwide

Ms. Plum's practice is focused on advising individuals, families and their businesses in respect to succession and...  |  Read More

Yadav, Naomita
Naomita Yadav

Partner
Withersworldwide

Ms. Yadav has a diverse and well-rounded tax background, including experience in both income tax and estate and gift...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. CPE credit is not available on recordings. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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