Intentionally Defective Grantor Trusts: Asset Transfer Planning Strategies and Form 1041 and 1099 Reporting Compliance
Recording of a 110-minute CPE webinar with Q&A
This course will provide tax professionals with a detailed review of the advantages and applications of intentionally defective grantor trusts (IDGTs), compliance with required tax forms for these entities, and tax planning approaches that utilize IDGTs.
Outline
- IDGT advantages and applications
- Structuring transactions with IDGTs
- Tax reporting issues relating to IDGTs
- International issues
Benefits
The panel will explore these and other relevant issues:
- Reporting installment sales in conjunction with IDGTs
- Understanding potential impact from discussions in Washington on use of IDGTs
- Tax planning approaches that utilize IDGTs
- Complying with Form 1041, TINs, 1099s among others
Faculty
Donna J. Jackson
Atty
Donna J. Jackson & Associates
Ms. Jackson's practice focuses on estate planning, trusts and estates, wills, and probate law. She is a member of... | Read More
Ms. Jackson's practice focuses on estate planning, trusts and estates, wills, and probate law. She is a member of NAELA, Wealth Counsel, Wealth Counsel Advisors Forum, ABA, Oklahoma Bar Association and Oklahoma Society of CPAs.
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Lawrence M. Lipoff, CPA, TEP, CEBS
Director
CohnReznick
With more than 30 years of experience, Mr. Lipoff specializes in the delivery of domestic and international private... | Read More
With more than 30 years of experience, Mr. Lipoff specializes in the delivery of domestic and international private client services to enable high net worth individuals and families to maximize their new or generational wealth. He provides strategic advice to his clients and their closely-held businesses in the areas of income tax planning and compliance, estate planning and administration services, consultation regarding formation of family trusts and philanthropic structures. He is a frequent lecturer and author of articles published through professional forums on topics that include preparation of 1040/1041 & 706/709 returns, IRA/pension distribution, domestic and international asset protection, business succession, generation-skipping transfers, S corporation and fiduciary taxation including foreign trusts, alternative minimum tax, Chapter 14, family limited partnerships, international estate planning and administration, grantor charitable lead trusts, captive insurance companies, private placement life insurance and carried interest estate planning for private equity and hedge fund principals.
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Eido M. Walny
Founder
Walny Legal Group
Mr. Walny's practice focuses on estate planning, asset protection, business succession, probate, and trust... | Read More
Mr. Walny's practice focuses on estate planning, asset protection, business succession, probate, and trust administration. His experience includes counseling to protect multi-generational family wealth, structuring family and business succession plans, non-probate transfers, and trust and probate administration. He is a frequent speaker on estate planning, charitable giving methods, and topical business issues.
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