The American College of Trust and Estate Counsel (ACTEC) is a nonprofit association of lawyers established in 1949. Its members are elected to the College by demonstrating the highest level of integrity, commitment to the profession, competence and experience as trust and estate counselors.
Why You Should Attend
The American Taxpayer Relief Act of 2012 (ATRA) provided a “new normal” of transfer tax certainty, large indexed transfer tax exemptions, unification of estate and gift tax exclusion amounts, and portability. While fewer taxpayers will be subject to estate and gift taxes, those who do incur liability face a higher estate tax rate.
In this CLE program on estate and gift tax planning in 2014, Fellows of The American College of Trust and Estate Counsel conduct a lively and informative discussion of how ATRA has affected estate and gift tax planning for 2014 and beyond, including a focus on the useful estate and gift tax planning opportunities that have arisen post-ATRA!
What You Will Learn
Discussion will include the following topics:
effect of legislative proposals on planning
addressing the huge impact of high indexed exclusions on estate planning practices
assessing the impact of large gifts over the last several years
planning strategies to deal with “portability” complexities
administering trusts under pressure of high rate brackets and the new 3.8% tax on undistributed net investment income
strategies for providing flexibility to plan for basis adjustments in light of increased (and indexed) estate exemptions
tax planning implications of Windsor (and related IRS guidance) for same-sex couples
growing use of decanting and status of IRS guidance
IRS guidance and pending Tax Court case (Davidson) regarding self-canceling installment notes
“net, net gifts” – Is a gift offset allowed for the donee’s assumption of the donor’s potential added estate tax liability under section 2035(b)?
GRAT planning, including estate inclusion for GRAT when donor died during trust term (Trombetta)
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
This accredited continuing legal education program from ALI CLE is designed for attorneys who practice trust and estate law, estate planning, as well as financial planners and accountants.
Steven R. Akers, Bessemer Trust Company NA, Dallas (Moderator)
Susan T. Bart, Sidley Austin LLP, Chicago
Charles A. Redd, Stinson Morrison Hecker LLP, St. Louis
All Times Eastern Daylight
12:30 p.m. Program Begins.
Faculty members discuss the “new normal” for opportunities in estate and gift tax planning as a result of the American Taxpayer Relief Act of 2012.
2:00 p.m. Program Ends.
Total 60-minute hours of instruction: 1.5; Total 50-minute hours 1.8
Suggested Prerequisite: Two to four years’ experience in subject matter
Educational Objective: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent legal developments
Level of Instruction: Intermediate
Here's what registrants have said about this course:
Great program - very current topics, very helpful.
Steve Akers is outstanding.
One of the most helpful presentations on the new law yet.
Outline was excellent, and Steve Akers' giving relevant page numbers (for reference) was very helpful.
Really enjoyed this course - moderator Steve Akers did a great job of keeping on agenda and pointing out corresponding outline materials when a topic was raised in discussion.
All three presenters were simply outstanding and I enjoyed their interplay asking each other’s views.
Steve Akers is reliably excellent.
Very timely and informative. Relevant to my practice.
Great outline. Very strong program.
Steve Akers was terrific.
The program was excellent and it is very useful to be able to participate via the computer.
Eastern 12:30 pm to 2:00 pm
Central 11:30 am to 1:00 pm
Mountain 10:30 am to 12:00 pm
Pacific 9:30 am to 11:00 am
Alaska 8:30 am to 10:00 am
Hawaii 7:30 am to 9:00 am