Clients rely on their advisers more heavily to provide perspective and clarity as legislation and regulations evolve. Gain in-depth understanding, effective strategies and connections with expert professionals who specialize in this area.
Learning Objectives
• Understand the legal and constitutional bases upon which states tax fiduciaries
• Identify key state tax liability traps for fiduciaries
• Understand common multi-state planning opportunities
• Evaluate and respond to proposed legislative changes
Major Topics
• New developments: Federal and California update
• IRS audits of estate tax returns
• New RMD rules, Roth conversions and estate planning for large retirement plans
• Update from Washington regarding tax law changes
• Helping your clients reduce, defer or eliminate capital gains taxes
• Trust reformation and decanting update
• Hot topics in international tax and estate planning and considerations for transfers to non-U.S. citizen spouses
• Valuation of notes
• The feasibility of using IDGTs and how you use it
• Planning for changing exemption in 2025
• Flow-through entities and impact on trusts
• Changing exemption panel discussion
• Charitable planning
• Special needs trusts
