SPACs and Estate Planning: Transfer Planning for SPAC Assets, Income and Gift Tax Planning, Pitfalls to Avoid

Note: CPE credit is not offered on this program

A live 90-minute CLE video webinar with interactive Q&A


Tuesday, August 3, 2021

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, July 9, 2021

or call 1-800-926-7926

This CLE webinar will provide trust and estates counsel an in-depth analysis of key planning techniques for special purpose acquisition company (SPAC) shares and assets. The panel will provide common structures and transactions of SPACs, types of SPAC assets, and their wealth transfer planning opportunities. The panel will also offer techniques for shifting SPAC assets and future appreciation out of the taxable estate and strategies for navigating complex tax issues for gift planning with SPAC assets.

Description

SPACs have recently gained greater popularity presenting unique estate planning opportunities for members of the sponsor entity and investors. Estate planners must identify key planning opportunities for sponsors and investors of SPACs and pitfalls to avoid under current tax law.

A SPAC is a special purpose acquisition company that raises capital in the public markets via an initial public offering to acquire a private company. They are commonly referred to as "blank-check companies" because an acquisition target has not been identified at the time of the IPO. Due to their speculative nature, the value of SPAC interests can grow substantially over time, providing wealth transfer opportunities via gifting, use of trusts, and other techniques.

Estate planners must recognize key issues under current tax law, valuation considerations, issues for gifts of interests, and other items impacting estate planning for SPAC assets.

Listen as our panel discusses common structures and transactions of SPACs, types of SPAC assets, techniques for shifting SPAC assets and future appreciation out of the taxable estate, and navigating complex tax issues for gift planning.

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Outline

  1. Overview of SPAC assets and structures
  2. Planning for SPAC sponsors and investors
  3. Carried interest and SPACs
  4. Valuation issues
  5. Tax complexities of SPAC assets

Benefits

The panel will review these and other key issues:

  • What are the common structures and transactions of SPACs?
  • What are the types of SPAC assets and their wealth transfer planning opportunities?
  • How can you shift SPAC assets and future appreciation out of the taxable estate?
  • What strategies are available for minimizing tax issues for gifting SPAC assets?

Faculty

Geyer, Bryce
Bryce A. Geyer

Managing Director
Stout Risius Ross

Mr. Geyer is a Managing Director in the firm’s Valuation Advisory group. He has completed hundreds of valuations...  |  Read More

Lipoff, Lawrence
Lawrence M. Lipoff, CPA, TEP, CEBS

Director
CohnReznick

With more than 30 years of experience, Mr. Lipoff specializes in the delivery of domestic and international private...  |  Read More

Matz, Kevin
Kevin Matz

Partner
Stroock & Stroock & Lavan

Mr. Matz concentrates on domestic and international estate and tax planning, estate administration and related...  |  Read More

Attend on August 3

Early Discount (through 07/09/21)

Cannot Attend August 3?

Early Discount (through 07/09/21)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include program handouts.

To find out which recorded format will provide the best CLE option, select your state:

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