Planning for Reduction of Estate Tax Exemptions: Strategies for Clients Who Do Not or Soon Will Not Have Exemptions
Gift Tax Effective Rates vs. Estate Tax Effective Rates, Net, Net Gifts, GRATs, IDGTs, and Other Strategies
Note: CPE credit is not offered on this program
Recording of a 90-minute CLE video webinar with Q&A
This CLE webinar will provide guidance to trusts and estates attorneys on planning strategies in light of the possible fall in the estate tax exemption. The panelist will discuss key considerations for clients who do not or soon will not have available exemptions, gift tax effective rates vs. estate tax effective rates, the net, net gifts, use of GRATs and IDGTs, and other key items.
- Estate tax considerations for planners
- Planning now for a reduction in estate and GST tax exemptions
- Impact of a potential reduction in estate tax exemptions
- Planning for those without available exemptions
- Gift vs. estate tax effective rates
- Net, net gifts
- Defined-value gifts and sales
- GRATs and IDGTs
- Planning tips and best practices for trusts and estates counsel
The panelist will review these and other key issues:
- What are the key planning considerations in light of a potential reduction in estate tax exemptions?
- What gifting strategies are available to limit or minimize gift and estate taxes before and after reducing tax exemptions?
- What are the benefits and challenges of using defined-value transfers in an environment of changing tax laws?
- How does a reduction in exemptions impact common estate planning strategies, such as Crummey trusts, GRATs, and IDGTs?
- How can net-net gifts be used as a planning tool?
Megan L. Jones
Pillsbury Winthrop Shaw Pittman
Ms. Jones focuses her practice on advising entities, individuals, and family offices on tax and other planning matters,... | Read More
Ms. Jones focuses her practice on advising entities, individuals, and family offices on tax and other planning matters, both domestically and internationally. A portion of Megan’s practice includes personal estate planning and family succession planning. She works with clients of modest size, as well as those with complex estates and investment holdings. She frequently advises foreign individuals moving to the U.S. on pre-immigration, income, gift, and estate tax planning opportunities, and helps those leaving the United States or California. Having a corporate background, she also assists clients in tax and corporate planning relating to entity formation and the acquisition, disposition, and restructuring of businesses, corporations, and partnerships.Close