Portability in Estate Planning: Alternative Strategy for Maximizing Tax Benefits

Evaluating Advantages of Portability vs. Traditional Bypass Trusts

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

Conducted on Tuesday, October 14, 2014

Recorded event now available

or call 1-800-926-7926

This CLE course will offer tax advisors, and estate and trust law attorneys best practices for using portability in estate planning as a significant tax saving tool for clients going forward. The panel will outline election timing, language drafting in estate planning documents, and how trust planning and portability can coexist.


Estate planning counsel and tax advisors have a powerful tool to achieve significant estate and gift tax savings for clients. Portability’s current status requires counsel to consider whether using credit shelters and bypass trusts has any remaining utility.

By walking you through real world examples of alternatives for portability to maximize tax benefits for estate planning, our panel will examine the tax savings and other benefits of creating portability-based plans versus traditional planning. The panel will outline suggested language for estate planning documents.

Counsel will also learn how trust planning and portability can coexist; protecting increases in value between spouses’ deaths, attaining better income tax results; and leveraging strategies for diversifying approaches for using applicable exclusion amounts.

Listen as our panel of trust and estate law attorneys discusses portability as an estate planning strategy, including mechanics of the election.



  1. Overview of portability
  2. Estate and gift tax savings
  3. Mechanics of election
  4. Bypass and credit shelter trusts
  5. Case studies


The panel will review these and other key issues:

  • Potential estate and gift savings when incorporating portability in an estate plan.
  • Mechanics involving elections for special consideration by counsel.
  • Portability's potential impact on bypass and credit shelter trusts.
  • Review new ideas for using portability in second marriages and blended families.


Richard S. Franklin
Richard S. Franklin

McArthur Franklin

Mr. Franklin focuses his practice on estate planning, trusts and estate administration. He is a member of the District...  |  Read More

George D. Karibjanian
George D. Karibjanian

Senior Counsel
Proskauer Rose

Mr. Karibjanian has more than 24 years of experience in the areas of estate planning and probate and trust...  |  Read More

Lester B. Law
Lester B. Law
Director of Client Management
Abbot Downing

Mr. Law was recently Managing Director of U.S. Trust. Prior to joining U.S. Trust, he was an estate planning attorney...  |  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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