About This Course
Join Alan Gassman and Brandon Ketron for this whirlwind tour of planning information, structuring, and tax and legal issues and opportunities.
This CLE presentation reviews current developments regarding estate planning and federal and state transfer taxation, including the Internal Revenue Service's final regulations regarding portability, the new income tax basis consistency requirements under the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, the Service's new rules regarding issuance of estate tax closing letters, and the Service's proposed regulations under Section 2704 of the Internal Revenue Code regarding valuation discounts. The speakers will also discuss drafting estate planning documents to comply with and take advantage of current transfer tax laws, and transfer tax vs. income tax basis planning. The program also includes a review of the transfer tax and related income tax proposals in the Trump Administration's fiscal year 2017 Greenbook, and how they could affect estate and tax planning decisions if enacted.