KRASA LAW is pleased to announce that Kyle will be speaking in an upcoming Strafford live phone/web seminar, "Estate Planning Update for 2013" scheduled for Wednesday, February 6, 10:00 am to 11:30 am PST.
The program is normally $200 but your relationship with KRASA LAW allows you to register at a 50% discount by using the code ZDFCT when registering. You may register at the following link: http://www.straffordpub.com/estate-planning and click on "Estate Planning Update for 2013."
Description of Program
The new fiscal cliff legislation dramatically changes estate planning in several ways. Asset protection planning will now be a critical component of estate planning and wealth preservation. In light of the higher exemption, counsel should consider advising clients to restate A/B trusts as disclaimer trusts.
The impact of portability and the ways it can be leveraged must also be considered. Permanent portability provides more opportunity concerning IRA’s and other non-trust assets. The higher exemption also provides gifting opportunities for asset protection.
In trust administration for married clients, estate planners should evaluate the advisability of filing a 706 to claim the deceased spouse’s unused exemption. With the much larger estate tax exemption, counsel should contemplate whether to allocate the GST exemption to a particular trust.
Kyle and his fellow panelists will discuss the impact of the fiscal cliff package on estate planning strategies. The panel will explain how the higher exemption gives estate planners an array of new tools and ideas, focusing primarily on asset protection planning rather than estate tax protection.
The panelists will offer their perspectives and guidance on these and other critical questions:
- How does the fiscal cliff legislation redirect the focus for estate planning counsel?
- What asset protection strategies should be considered in light of the new legislation?
- What advantages can be accomplished by restating A/B trusts as disclaimer trusts?
- What are the benefits of gifting for asset protection?
After the presentations, the panelists will engage in a live question and answer session with participants — so they can answer your questions about these important issues directly.
We hope you'll join us!