Qualified Opportunity Zones: Trust and Estate Planning Considerations and Advanced Techniques for Counsel
Tax Issues, Planning With Expanded Exemptions, Deferral of Gain Through Reinvestment, Using Trusts to Leverage Gifting, Clawbacks
Note: CPE credit is not offered on this program
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide trust and estate counsel an in-depth analysis of planning techniques and opportunities with qualified opportunity zones (QOZs). The panel will discuss critical considerations for trust and estate planning with QOZs such as critical tax issues and methods to overcome them, planning techniques in light of expanded exemptions, the deferral of gain through reinvestment, using trusts to leverage gifting, treatment of partnership liabilities, and other matters of interest.
- Overview of QOZs
- Estate planning opportunities and key challenges
- Use of trusts and leveraging gifts
- Income tax planning issues and opportunities
- Best practices to avoid estate and income tax planning issues with QOZs
The panel will review these and other key issues:
- What trust and estate planning opportunities do QOZs provide?
- What are the estate planning tax issues and methods to overcome them?
- How can trusts be used to leverage gifting about interest in QOZs?
- How can you defer gain through reinvestments in QOZs?
- How are partnership liabilities and distributions treated under current tax rules and proposed regulations?
Ricardo (Rick) Calderon
Mr. Calderon is the Managing Director and Principal of MAS Advisors. He is a Director of Acadia Life Limited and its... | Read More
Mr. Calderon is the Managing Director and Principal of MAS Advisors. He is a Director of Acadia Life Limited and its affiliated companies in Bermuda and has extensive experience in private placement life insurance and annuities for use by U.S. and foreign persons. Mr. Calderon was previously the Senior Managing Director, Chief Operations Officer and Chief Risk Officer of MassMutual International. Earlier in his career he was Senior Vice President of Hartford Life International and the President of Hartford Sudamericana in Buenos Aires. Mr. Calderon has extensive experience in developing and overseeing new businesses in the U.S. and across Asia, Europe and Latin America. He has also served in a variety of senior domestic and international legal and compliance roles.Close
Andrea L. Sanft
Morgan Stanley Private Wealth Management
Ms. Sanft is an Executive Director and Estate Planning Strategist in Morgan Stanley’s Private Wealth Management... | Read More
Ms. Sanft is an Executive Director and Estate Planning Strategist in Morgan Stanley’s Private Wealth Management Division. She advises Morgan Stanley’s ultra high net worth clients and their advisors on complex gift, estate and income tax planning matters. Ms. Sanft focuses on wealth transfer and business succession planning as well as charitable giving. Prior to joining Morgan Stanley, she was a practicing estate planning attorney at Paul, Weiss, Rifkind, Wharton & Garrison, LLP in New York for over 15 years.Close
Lawrence M. Lipoff, CPA, TEP, CEBS
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.Close
Alan J. Tarr
Partner and Chair, Tax Department
Loeb & Loeb
Mr. Tarr's practice focuses on tax planning for business transactions, including acquisitions and dispositions of... | Read More
Mr. Tarr's practice focuses on tax planning for business transactions, including acquisitions and dispositions of businesses, reorganizations, utilizing partnerships and limited liability companies, tax benefits for renewable energy, sophisticated real estate transactions, executive compensation, state and local taxation and audits and tax controversies.Close