Estate Planning Strategies Using Irrevocable Trusts WEBCAST
Overview
Many of our clients are looking for techniques to transfer wealth to their loved ones while minimizing gift and estate taxes. Irrevocable trusts take advantage of the currently high exclusion amount to freeze their estates. This course will analyze the advantages and disadvantages of using a wide variety of noncharitable trusts, such as spousal lifetime access trusts, grantor retained interest trusts, intentionally defective grantor trusts, qualified personal residence trusts, life insurance trusts, domestic asset protection trusts, and dynasty trusts.
Highlights
The gift, estate, and income tax treatment of irrevocable trusts. The benefits and risks of spousal lifetime access trusts. Planning with Grantor Retained Interest Trusts and Qualified Personal Residence Trusts. When to use life insurance trusts and dynasty trusts. The effectiveness of domestic asset protection trusts.
Prerequisites
Basic knowledge of the taxation of estates, gifts, and trusts.
Designed For
CPAs, attorneys, CFPs, trust officers, and other financial professionals.
Objectives
Examine the changing estate and trust planning environment. Recognize the opportunities in the gift, estate, and income tax treatment of the many types of irrevocable trusts. Identify the benefits of a deeper understanding of advanced trust planning.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
J. Gardner, Surgent McCoy CPE LLC
Randy Gardner, JD, LLM, MBA, CPA, CFP ® is a professor of Tax and Financial Planning and director of the Certificate in Financial Planning program at the University of Missouri - Kansas City. He is a coauthor of several books on tax issues and is also a highly rated discussion leader. In addition to teaching, Mr. Gardner works as a tax and financial planning consultant for several accounting firms and over 200 individual clients. He also serves on the Editorial Board of The Journal of Financial Planning and on the Board of Examiners of the Certified Financial Planner Board of Standards, and he is a member of the Missouri Society of CPAs. Mr. Gardner earned a Bachelor of Arts degree, cum laude, from Harvard University, his JD and MBA degrees from the University of Kansas, and a Master of Law in Taxation from the University of Missouri - Kansas City.
Non-Member Price $339.00
Member Price $259.00