Leveraging the GST Exemption: An Alternative to Portability Planning

A Roadmap for Maximizing the Generation-Skipping Transfer Exemption

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

Conducted on Tuesday, December 2, 2014

Recorded event now available

or call 1-800-926-7926
Course Materials

This CLE course will discuss the use of the generation-skipping transfer (GST) exemption as an alternative to portability planning. The program will look at the history of the GST exemption, the advent of portability in estate tax planning, and best practices for leveraging a client’s GST exemption.


While a client’s estate tax exemption is portable, the GST exemption is not. Proper GST planning can place assets outside of the transfer tax system for decades and provide the stability that clients desire. However, care must be taken by counsel in correctly using the GST exemption to avoid surprises later.

Counsel must be prepared to leverage a client’s GST exemption to maximize planning when a client desires to create a trust. Failing to have a good working knowledge of the operative GST rules could unnecessarily put a client’s assets at risk.
Listen as our panel offers practical advice on how to employ the GST exemption and why it makes sense to do so even in a portability world. The panel will review the GST exemption, portability planning, and ways to maximize the GST exemption.



  1. Overview of the GST exemption
  2. Advent of portability
  3. Drafting for use of the GST exemption
  4. Benefits of using GST trusts even when portability is an option


The panel will review these and other key issues:

  • Estate tax savings potential when incorporating GST planning
  • Language for trusts to utilize GST exemption
  • The automatic allocation rules
  • How to opt-in (and out) on gift and estate tax returns


Lauren A. Jenkins
Lauren A. Jenkins

Offit Kurman

Ms. Jenkins focuses her practice on tax and estate planning, trust and estate administration, and tax compliance....  |  Read More

Gal N. Kaufman
Gal N. Kaufman

Offit Kurman

Mr. Kaufman has nearly twenty years experience as a trusts and estates attorney, providing client services in the...  |  Read More

Steiner, Bruce
Bruce D. Steiner

Of Counsel
Kleinberg Kaplan Wolff & Cohen

Mr. Steiner has over 35 years of experience in the areas of taxation, estate planning, business succession planning and...  |  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.

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