July 2026 Monthly Estate Planning Magazine: QTIP, gifts, profit interest, AI and more

Estate planning, tax, and wealth advisers face a rapidly changing environment where technical tax developments, fiduciary planning concerns, artificial intelligence, and family dynamics increasingly intersect. This practical webinar explores timely issues affecting sophisticated planning engagements, including the implications of recent developments involving QTIP trusts and gift tax exposure, incomplete gift non-grantor trust planning, trust modification strategies, family LLC and partnership issues, planning for disparate inheritances, structuring assistance for children purchasing residences, and techniques for handling difficult family situations such as estrangement and disinheritance. The program also examines the growing role of artificial intelligence in professional practice, focusing on ethical considerations, confidentiality concerns, risk management, client communication, and the challenge of balancing innovation with professional responsibility. Participants will gain practical insights into evaluating planning structures, identifying hidden risks, addressing client demands for “simple” solutions to complex circumstances, and improving communication regarding planning tradeoffs. Through real-world examples and practitioner-focused discussions, attendees will receive actionable guidance they can immediately apply in serving high-net-worth individuals, business owners, and multigenerational families. Whether your practice focuses on estate planning, tax consulting, trust administration, accounting, or wealth management, this webinar provides valuable perspectives on current developments, emerging risks, and practical strategies to enhance client outcomes while navigating increasingly complex legal, tax, and family considerations.

Speakers: Alan Gassman, Esq. and Martin Shenkman, Esq.