TELESEMINAR: Pre-Mortem Estate and Trust Disputes
October 5, 2010
12:00 – 1:00 p.m.
1.00 MCLE hours
Telephone
Estate and trust planning does not end at death. Planners can provide their clients’ estates substantial value through post-mortem planning. The tools and techniques available to planners may change, but there are still substantial opportunities to change the tax profile of a trust or estate, change the timing of reporting gain or income, redirect property, and take maximum advantage of expenses. In the case of illiquid assets – a closely held business, real estate or something else – there are also opportunities to create liquidity without a forced sale of the asset at discount prices. This program will provide you with a practical guide to the tools and techniques of post-mortem estate planning.
Highlights:
- Effective use of post-mortem disclaimers of property
- Combination of a revocable trust and an estate as one tax-paying entity
- Liquidity planning for illiquid assets, including Graegin loans
- Whether makes sense to make a QTIP election – and if so, how
- Whether to deduct expenses on estate tax return or the estate’s fiduciary tax return
- Fiscal year elections
For more information about the new ISBA Teleseminar programs, please visit: http://www.isba.org/cle/teleseminar
Program Speaker:
David T. Leibell, Wiggin and Dana, LLP, Stamford, CT
Daniel L. Daniels,Wiggin and Dana, LLP, Stamford, CT
