Overcoming Challenges in Planning for Large Estates Training Class

Overcoming Challenges in Planning for Large Estates Training Seminar

Draft and Administer Complex Wills and Trusts for Large Estates

Upcoming estate tax changes will hit higher end estates the hardest. To minimize the effect, you'll need all the techniques at your disposal. Join our distinguished faculty for a practical overview of available estate planning tools and discover how to apply the most sophisticated and the most effective tools properly. Learn from others' experience and avoid the missteps that could send your clients' estate plans crashing. Enroll today!

• Strike a balance between maximizing business valuation discounts and vulnerability to IRS challenges.
• Use QPRTs to give your clients the control and flexibility they desire: ensure their ability to retain control of property and to change their choice of beneficiaries.
• Learn to spot red flags in reviewing existing ILITs and the most effective ways of "repairing" them.
• Incorporate the Crummey Power into the trust and take full advantage of the annual gift tax exclusion when transferring the wealth to beneficiaries.
• Effectively use spendthrift language to limit the ability of beneficiaries to assign interest and curtail creditors' demands on the trustees to pay the debts of beneficiaries.
• Explore the tax consequences of various funding formulas to save clients even more money.
• What happens after the life of the testator? Find out how to minimize estate tax after the client has passed.
• Gain practical tips for drafting legally defensible transaction agreements to make sure the gifts to charities and heirs are properly documented.
• Avoid the gray areas and potential criminal liability: review sample scenarios of fraudulent transfer traps you want to avoid.
• Refine your retainer agreements to ensure realistic client expectations and avoid problems down the road.