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 5
- Flow-through entities and impact on trusts
- Changing exemption panel discussion
- Charitable planning
- Special needs trusts
