JACKSON AREA ESTATE PLANNING COUNCIL

Speaker bio, click here. 

Understanding Estate Tax Planning
And Complex Strategies That Are Commonly Used

This presentation is intended to help you gain a better understanding of gift and estate taxes, impact of the potential sunsetting of historic exemption limits, and planning strategies that may become more prominent if the Sunset occurs at the end of 2025. Some of the specific topics that will be discussed include:

1. Estate Tax and Gift Tax Exemption and the always confusing Generation Skipping Transfer Tax Exemption, how they are used and how they differ.
2. The taxable estate and what is included.
3. Common techniques and concepts used for efficient wealth transfer planning, including:
   1. Estate Freeze,
   2. Use of valuation discounts,
   3. Marital deduction,
   4. Qualified terminable interest property deduction,
   5. Charitable deduction
   6. Crummey Trusts, and
   7. Grantor Trust Status and why it matters.
4. Common structures such as:
   1. Credit Shelter and By-pass Trusts,
   2. ILITs,
   3. GRATs, 
   4. Intentionally Defective Grantor Trusts,
   5. QPRTs, and
   6. Charitable Remainder and Lead Trusts.