The 2020 election demonstrated that the projected Democratic sweep did not occur. Former Vice President Biden won the Presidency but that is still being challenged. The Republicans have control of the Senate it appears, but two runoff elections in Georgia in January 2021 may provide the Democrats a chance to pick up two additional seats…
Spousal lifetime access trusts (“SLATs”) may be the most common planning technique for married clients to use in 2020 as the tax environment remains uncertain after the election. This webinar will explore how to: –Plan for a married client using SLATs (or some unmarried one where SLAT may mean Sibling Lifetime Access Trust) –How to…
Grantor Retained Annuity Trusts (“GRATs”) are a powerful planning tool especially in an environment with low-interest rates and suppressed asset values. But there is much more to how GRATs should be used in the current late 2020 environment. When might GRATs be an appropriate technique to use for a client? When might other techniques be…
Speakers: Terry Lloyd and Martin Shenkman
The time is right for aggressive estate planning because if there is a shift in power in Washington estate taxes could become much harsher. We could face dramatically lower exemptions, a capital gains tax on death, a wealth tax and perhaps more. A key to planning is recognizing that many clients feel very vulnerable financially,…
Course Description: Charitable Remainder Trusts (“CRTs”) have become a common planning discussion topic lately, perhaps in large part to the consideration of using CRTs as beneficiaries of IRAs now that the Secure Act has eliminated the stretch IRA for most beneficiaries. But planners need to understand how CRTs work, the many variations of CRTs (CRATs,…
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 of SLAT planning and drafting. With proper tailoring for the current environment, a useful default…
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…
Jonathan Blattmachr and Martin Shenkman will share the most efficient ways to use high gift and GST exemptions. These exemptions are scheduled to be halved after 2025, and may be cut back sooner by legislation. Estate planning is always an exact science. Political sentiment changes, budget priorities shift, and fiscal realities set in. Because of…
Planning before the 2020 election is critical. What should advisers be telling clients to do now about estate planning? What might the 2020 election hold in terms of changes to basis step up, exemptions, GRATs and more. How can clients use exemption while maintaining access to assets. Why is asset protection so important to consider…