What are the valuation implications of the current economic environment brought about by the economic implications and stock market’s reaction to the COVID-19 crisis. The program will discuss the practical ramifications to valuations and the implications to estate planning transactions. A number of factors may have aligned for what is potentially a unique opportunity to…
Course Description: Spousal lifetime access trusts (“SLATs”) planning can provide tremendous planning benefits for many married clients. They may well be the most popular technique to plan for married clients (and others) in 2020. Every practitioner needs to be comfortable and knowledgeable about SLAT planning and drafting. With proper tailoring for the current environment, a…
Sponsored by the American Cancer Society The American Cancer Society does not provide professional or legal advice. Seek the advice of your own legal, tax, or financial advisor. Uncertain times like these require difficult decisions and conversations. If you are currently fighting cancer or have a loved one who is, we know things are likely…
Covid-19 or Coronavirus has created health worries and fear for everyone. But these worries are especially pronounced for those living with cancer, cancer survivors and their loved ones. What steps can you, your loved ones and family take to make this challenging time safer and easier from a financial and legal perspective? How might you…
Every practitioner is familiar with the common or “core” estate planning documents: powers of attorney, living will, health care proxy, will and revocable trust. But how might Covid-19 uniquely impact provisions in, and planning for, these ubiquitous and essential documents? What provisions in a living will should be modified in ways perhaps not addressed in…
Course Description: Many have correctly pointed out that the current extremely low interest rates and depressed asset values – along with the high transfer tax exemption – set up, in some ways, an ideal environment for estate tax planning. They further note that with the tremendous government spending occurring to try to keep the economy from…
This webinar will explore steps you might consider for your practice and clients in light of the Coronavirus. Health issues are no doubt of paramount importance for you and your practice. What steps are some firms taking to protect staff and clients? How might you communicate to clients? What might you communicate to clients? How…
Steve Leimberg’s Income Tax Planning Email Newsletter – Archive Message #175 Date: 18-Feb-19 From: Steve Leimberg’s Income Tax Planning Newsletter Subject: Alan Gassman & Martin Shenkman – When is Rental Real Estate a “Trade or Business” Under 199A The 2017 Tax Cuts and Jobs Act introduced the new, and sometimes problematic, Section 199A to the…
The structure and composition of the modern family has evolved and continues to evolve. In 2018 approximately 4.5% of the U.S. population identified as lesbian, gay, bisexual, transgendered or queer (“LGBTQ”). Estate planners, financial advisors, insurance consultants, trust officers, and others must be prepared to interpret existing estate planning documents and plans in light of…
Do Trusts/LLCs need to be on a home and Excess Liability Policy? If so, why? What happens in the event of a claim and they are not listed? What is the cost of adding them to the policy?