Estate Planning With S Corp Trusts After Tax Reform: QSSTs, ESBTs, and the 20% QBI Deduction
Navigating Tax Reform Changes and Pass-Through Income Deductions
Recording of a 90-minute CLE/CPE webinar with Q&A
This CLE/CPE webinar will provide estate planning counsel and advisers with a practical guide to the estate planning opportunities in using S Corporation Trusts in light of the 20% pass-through deduction for pass-through entities passed in the recent tax reform law. The panel will detail those activities eligible for the deduction, detail the changes in ESBT and QSST treatment contained in the new law, and offer useful guidance on planning tools for pass-through entities to restructure business activities to qualify for tax savings.
- Prior rules for ESBTs holding S Corporation stock
- Application of the new 20% deduction on qualified pass-through business income
- Current areas of uncertainty and discrepancy between ESBT and QSST tax treatment
- Evaluating current S Corporation trust structures to see if they still achieve optimal tax benefits
The panel will review these and other crucial issues:
- How does the 20% pass-through income deduction work in the context of Qualified Subchapter S Trusts (QSSTs)?
- Current differences in tax treatment between an ESBT and a QSST holding S Corporation stock
- When would it make sense to have an ESBT to hold S Corporation stock?
- Fixing ESBT trust documents to maximize tax benefits
- Charitable deduction opportunities under the new law
Langdon T. Owen, Jr.
Since 1977, Mr. Owen has represented clients in transactions of up to tens of millions of dollars in a wide variety of... | Read More
Since 1977, Mr. Owen has represented clients in transactions of up to tens of millions of dollars in a wide variety of industries. He provides tax, business, and estate planning advice, structures various forms of business organizations, and advises on health care regulation and compliance issues. He lectures before bar groups and to the public on a variety of tax, estate planning, and business topics and has authored several articles in legal publications. He acts as a mediator in business disputes and serves as an arbitrator for a number of national arbitration agencies.Close