TELESEMINAR: Estate Planning for Real Estate, Part 2 – A National Perspective
July 18, 2014
12:00 – 1:00 p.m.
1.00 MCLE hours
Estate planning for real estate and real estate entrepreneurs is full of special challenges. Real estate is often illiquid, sometimes hard to value, and, in recent years, extremely volatile. In addition, commercial real estate may be owned in partnership or in complex contractual relationships that make transferring it difficult. There are also the challenges of transferring a unique family property – a personal residence, or family vacation property, a farm or ranch. Ensuring liquidity, obtaining tax savings, restructuring and facilitating the transfers of property, and possibly making charitable donations are the interconnected and substantial challenges of planning with real estate. This program will detailed guide to planning for real property assets and for real estate entrepreneurs. Part 2 of 2.
- Unique challenges of planning for liquidity with illiquid assets
- Valuation discount issues and planning in a rising but volatile market
- Value freezing techniques using LLCs
- Grantor Retained Annuity Trust (GRAT), sales to defective grantor trusts, and sales of self-cancelling installment notes
- Charitable giving techniques for real estate
William Kalish, Akerman, LLP, Florida
Daniel L. Daniels, Wiggin and Dana, LLP, Connecticut