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
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.
- Overview of portability
- Estate and gift tax savings
- Mechanics of election
- Bypass and credit shelter trusts
- 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
Mr. Franklin focuses his practice on estate planning, trusts and estate administration. He is a member of the District... | Read More
Mr. Franklin focuses his practice on estate planning, trusts and estate administration. He is a member of the District of Columbia and Florida bars and is a Fellow of the American College of Trust and Estate Counsel. Mr. Franklin serves on the Steering Committee of the DC Bar’s Estates, Trusts & Probate Law Section and writes as well as lectures frequently on topics within his expertise.Close
George D. Karibjanian
Mr. Karibjanian has more than 24 years of experience in the areas of estate planning and probate and trust... | Read More
Mr. Karibjanian has more than 24 years of experience in the areas of estate planning and probate and trust administration. He is Board Certified by the Florida Bar in Wills, Trusts and Estates and is a Fellow in the American College of Trust and Estate Counsel. He represents numerous clients with respect to nuptial agreements, and lectures frequently on the topics of same-sex estate planning and representing a client with potential capacity and undue influence issues.Close
Lester B. Law
Director of Client Management
Mr. Law was recently Managing Director of U.S. Trust. Prior to joining U.S. Trust, he was an estate planning attorney... | Read More
Mr. Law was recently Managing Director of U.S. Trust. Prior to joining U.S. Trust, he was an estate planning attorney in private practice. Mr. Law writes and lectures regularly on estate and tax planning and probate topics.Close