July 1, 2014
12:00 – 1:00 p.m.
1.00 MCLE hours
Choosing the right trust for a client’s needs requires cutting through a forest of bewildering alternatives. Some trusts are flexible and offer no tax benefits; others offer substantial tax savings at the cost of control and flexibility. Still other alternatives are efficient for charitable giving after death or providing for a special needs family member. These choices are complicated by the impact of the new 3.8% tax on net investment income, the role of portability, the deductibility of expenses, and the relative aggressiveness of the IRS in challenging the ways in which clients use certain trusts. This program will provide you with a framework for assessing the different trust alternatives and decision-tree for determining which is best for your client’s specific circumstances.
Blanche Lark Christerson, Deutsche Bank Private Wealth Management, New York