Advanced Generation-Skipping Transfer Tax Planning Strategies for Tax Professionals
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This CLE/CPE course will provide tax counsel and advisers with a comprehensive and practical guide to generation-skipping transfer (GST) tax planning strategies under current tax law. The panel will discuss applicable GST rules and utilizing those rules to the advantage of clients, allocations, formula drafting, and more. The panel will also outline the available elections and exemption provisions to minimize GST impact and avoid costly penalties.
Outline
- GST transfer tax and allocations
- GST severance rules and late allocation rules
- IRC 2642 structure
- Calculation of inclusion ratio
- Planning implications of pre-transfer inclusion ratio and fraction calculations
- Trusts; preserving asset basis and other tax attributes
Benefits
The panel will review these and other important topics:
- How can GST tax planning assist clients under current tax law and in anticipation of tax law changes?
- How do you spot trusts with an inclusion ratio greater than zero?
- What is the interrelation between the inclusion ratio and an applicable fraction under Section 2642 and its regulations?
- How can trust division or modifications be used to preserve asset basis?
Faculty
I. Richard Ploss
Counsel
Porzio, Bromberg & Newman
Mr. Ploss is a member of the firm's Trusts and Estates Department. He concentrates his practice primarily on... | Read More
Mr. Ploss is a member of the firm's Trusts and Estates Department. He concentrates his practice primarily on estate planning for high net worth individuals and their businesses, estate administration, probate litigation and fiduciary income taxation in New Jersey and throughout the East Coast. He has extensive experience advising individual clients in the areas of wealth transfer planning and the preparation of estate planning documents. He is a Certified Public Accountant (CPA) in the state of Georgia, a Certified Financial Planner (CFP) and a Professional Registered Trust and Estate Practitioner. He frequently publishes articles and speaks on trust and estate matters and currently serves as an Adjunct Professor, teaching Trusts & Estates at the University of Maine Law School.
Close
Cannot Attend November 6?
Early Discount (through 10/10/25)
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.
