The American Taxpayer Relief Act of 2013 (ATRA) has given portability its permanence. Portability requires additional review and revision of estate plans by counsel that some clients may resist. Are you prepared to listen to your clients’ concerns, work within their legal budgets, and provide the appropriate guidance?
Join us for this timely, practical program that will explore the new frontiers of portability. Our panel of nationally recognized estate planning practitioners will highlight the planning opportunities that spawn from the new estate tax regime while also examining its limits and potential traps!
What You Will Learn
Expert faculty will analyze the essentials of portability, including:
Potential loss of GST exemption of the first deceased spouse
Gifting opportunities for asset protection
Tips for compliance and the election of portability
Revocability and opting out
Different planning strategies: traditional, proactive, and defensive
Tax considerations for surviving spousal gift giving
Questions submitted during the program will be answered live by the faculty. In addition, all registrants will receive a set of downloadable course materials and free access to the archived online program.
Who Should Attend
Intermediate to advanced attorneys in estate planning and tax practices should attend this accredited continuing legal education program from ALI CLE.
Tina Davis Milligan is a partner in the Private Client Group and joined Baker Tilly after eight years with financial institutions where she advised high net worth clients regarding tax, wealth transfer, philanthropic, insurance, investment, and other advanced financial planning matters. Prior to her time with financial institutions, Tina worked with business owners, corporate executives, and family offices on their tax planning as part of a national accounting firm. She also has presented and published on a wide range of financial and tax planning topics.
Domingo Such, III Domingo Such, III is a partner in the law firm of Perkins Coie LLP. Domingo focuses his practice on financial, estate and tax planning matters as they relate to ownership in various forms, which provides him with particularly broad legal perspectives in counseling family-owned and/or privately-held businesses and family members. His abilities to serve such clients are further complemented and enhanced by his practical business experience and graduate business degree. Domingo’s experience includes transfer tax, income tax, business planning, executive compensation planning for private and public companies, charitable and probate administration, and corporate transactions, including structuring, negotiating and documenting corporate formation, corporate governance, due diligence, mergers, acquisitions and securities issuance. Prior to joining Perkins Coie LLP, Domingo was a partner with McDermott Will & Emery LLP.
Diana S.C. Zeydel is the National Chair of Greenberg Traurig’s Trusts and Estates department and focuses her practice on estate planning for high net worth individuals and families. Her practice includes planning for U.S. and non-U.S. citizens and residents. She has represented business owners in achieving intra-generational wealth preservation and business succession planning. She has assisted clients in litigated probate and trust matters, and has represented clients before the Internal Revenue Service in matters involving complex estate, gift and generation-skipping tax issues. Diana has particular experience in planning with life insurance and retirement assets. She represents corporate and individual fiduciaries in connection with the administration of estates and personal and charitable trusts. Diana is a Regent of the American College of Trust and Estate Counsel and the immediate past chair of its Estate and Gift Tax Committee. She is a frequent lecturer, author and has spoken on a variety of topics before the Real Property, Probate and Trust Law Section of the American Bar Association, the American College of Trust and Estate Counsel as well as various professional organizations.
All times eastern
2:00 p.m. Planning with Portability: Benefits and Risks
3:30 p.m. Adjournment
Total 60-minute hours of instruction: Total 60 minutes of instruction: 1.5; total 50 minute hours: 1.8