Tag Archives: Estate Planning

House Estate Tax Proposal Requires Immediate Action

This webinar examines the proposed $3.5 trillion spending plan proposed by The House Democrats, and the tax implications. To support that package, the Democrats have proposed tax increases to fund a large portion of that plan.

This presentation explores:

  • The House proposal, what might happen, but most important, what advisers should discuss with clients now.
  • Should GRATs and note sales be completed now?
  • Might the changes make future payments in kind from GRATs in payment of annuities and payment of any note that a trust owes to its grantor with appreciated assets income taxable for pre-enactment transactions?
  • Should old GRATs be immunized now?
  • Can mechanisms to unwind transactions be unwound since there does not appear to be retroactive changes?
  • What will become of insurance trusts (ILITs) and what should practitioners recommend now?
  • And much more…

Planning Considerations for Single Clients

Planning Considerations for Single Clients 

This webinar provides a review of many of the nuances of planning for the single client. Over 50% of the population, about 125 million adults are single. That has increased dramatically from 1950 when the percentage was less than half that amount, 22%. During the presentation, we discuss:

  • The continuing trend of an increased population of singles.
  • The extent in which tax laws often favor married couples
  • The way documents should be drafted differently for singles
  • How tax planning should change for singles

Addictions and Impaired Clients Estate and Related Planning Considerations

Join Amanda Koplin, LPC; Martin M. Shenkman, Esq. and Jonathan G. Blattmachr, Esq. to discover Addictions and Impaired Clients: Estate and Related Planning Considerations. In this webinar, we will address the reality that the practitioner must understand the commonality of these issues and guide clients, draft documents, and administer estate plans, trusts and financial plans accordingly. Here we will provide an overview of the impact of addiction, an issue that impacts 23.5 million Americans.

Matrimonial Issues and Trust Planning

Trusts: Planning and Drafting for Divorce.

  • In an equitable distribution jurisdiction, the court may fashion a remedy it deems appropriate for the circumstances of the parties.
  • Even if you say all the assets of a trust are separate property the court might order an award of all martial property to the other spouse to offset the impact of the separate property trust.

Estate Planning Strategies When Using Exemptions

Given the current economy and the uncertainty of today’s political climate, many in the estate planning field have their eyes on Washington, D.C., looking to see if dramatic changes to the current transfer tax structure could be imminent. What effect should this have on the estate planning for high-net-worth clients? Should clients act now to use their remaining exemptions by the end of 2020? Might they regret it if the estate and gift tax laws do not change?

In this article, we discuss when it makes sense for certain individuals to make transfers to use exemptions before the end of 2020. We also cover alternatives for those who would want to “unwind” the transfer if anticipated changes to the transfer tax system do not occur, similar to the situation many faced in 2012. These alternative strategies include transfers in trust providing that property disclaimed by the trustee or by the principal beneficiary will revert to the grantor.