Interested in training for your team? Click here to learn more

Estate Asset Basis Management: Minimizing Tax on Trust Transfers Through Basis Adjustment

Trust Transfer Methods, Credit Shelter Trusts, and Post-Mortem Actions

Note: CPE credit is not offered on this program

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

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

Conducted on Wednesday, June 17, 2020

Recorded event now available

or call 1-800-926-7926

This CLE course will provide estate planning counsel and fiduciary advisers with an advanced practical guide to basis adjustment techniques and strategies to minimize income tax on estate and trust assets. The panelist will discuss advanced strategies for achieving income tax basis step-up under various client scenarios, including spousal and non-spousal trust beneficiaries.


The significant increase in the federal estate tax exemption under current tax law emphasizes the need for estate planners to minimize income taxes for beneficiaries on assets passed through inheritances and trusts. As fewer estates are subject to estate or gift tax, planners and fiduciary advisers must focus on managing tax basis to minimize the tax cost of transferring assets to beneficiaries.

Topics will include the following and more:

  • Key methods for individuals and irrevocable trusts with low basis assets.
  • Critical portability challenges.
  • Disclaimer trust to back into credit shelter or QTIP trust.
  • Transferring assets in trust for a spouse, to achieve income tax basis step-up at the spouse's death.
  • The Delaware tax trap - Code Section 2041(a)(3) and more.

Listen as Les Raatz, Member at Dickinson Wright, provides effective basis adjustment techniques and strategies to minimize income tax on estate and trust assets.



  1. Identifying low basis assets subject to potential income tax consequences
  2. Impact of tax reform on spousal portability planning
  3. Transfer strategies
  4. Post-mortem tools for achieving income tax basis step-up
  5. Potential tax risks of basis adjustment strategies


The panelist will review these and other important topics:

  • Identifying assets that benefit from basis adjustment transactions?
  • Using trust decanting and other post-mortem actions to achieve basis step-up
  • Structuring sale and exchange transactions between trusts to maximize tax basis
  • Tax and other risks involved in basis adjustment transactions and strategies


Raatz, Les
Les Raatz

Dickinson Wright

Mr. Raatz practices primarily in the areas of estate planning, probate and trust administration, divorce tax and asset...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include course handouts.

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

CLE On-Demand Video