About This Course
Long-anticipated Section 2704 Proposed Regulations could have a dramatic impact on estate planning by significantly restricting or eliminating valuation discounts. Within the broader context of the current political backdrop and possible election outcomes, this CLE presentation will review:
- What the proposed regulations mean
- How to identify and inform clients impacted
- What will change for 2016 year-end planning
- Are cascading GRATs still optimal?
- Practical planning suggestions for year-end planning
Effective date and implications for immediate planning, including:
- step transaction considerations
- reciprocal trust considerations
- defined value mechanisms