Wealth Transfer Planning

With very limited exceptions, estate, gift and GST (called "wealth transfer") taxes are imposed on property's fair market value (FMV). Only cash and publicly traded securities have definite values for estate and gift tax purposes.

With the estate, gift and GST exemption at nearly $11.5 million and scheduled to grow until 2026 when they will be cut in half, few advisers are focusing on wealth transfer tax planning for their clients.

In the first of our monthly drafting webinars for 2019, we will review changes and enhancements that have been made to InterActive Legal practice systems over the past year.

In this Webinar, we will review the various ways in which property can be left to descendants and other non-spouse beneficiaries, including options for leaving property outright, in trust, and in supplemental needs trusts.

In this webinar, we will review how to draft each of these trusts in Wealth Transfer Planning, covering the various options and resources available to subscribers on this topic.

In light of this new paradigm, what tools are out there to help the practitioners do financial planning, where not only estate taxes and wealth transfer planning are considerations, but also income taxes?

In this webinar, we will discuss drafting Domestic Asset Protection Trusts, which are self-settled trusts usually used for asset protection purposes.

Much is written about the Privacy Rules of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) found at 45 CFR 164. The Privacy Rules were intended to assure an individual’s right to privacy with respect to his or her…

Estate planners have a number of tools available to them in planning for the transfer of assets that are expected to substantially appreciate in the future. One relatively common estate planning arrangement is for the grantor of a trust…

In June 2008, the Treasury Department adopted certain final regulations with respect to the application of Code Sec. 2036(a)(1) and 2039 to so-called “grantor retained interest trusts,” which include grantor retained income trusts…