ABC Trust Planning & the Portable Exclusion 25-26

Overview

Increasingly, clients need to simultaneously address: the estate, gift, generation-skipping, income and property tax implications of estate plans; the pros and cons of relying on the portable exclusion to avoid estate tax; and current steps to handle a reduced exclusion and Clawback. In this course, we examine the role of the marital deduction and Survivor's Trusts ("A" trusts), ways to maximize planning opportunities by building flexibility into the modern estate plan, the qualitative and quantitative implications of various strategies affecting blended families, whether to use Bypass ("B") Trusts or QTIP ("C") trusts and whether to file a Form 706 when it's not required.