Planning with Intentionally Defective Grantor Trusts (Completed)
Date: Monday, June 26, 2017
Instructor: Steven G. Siegel
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC
2 hours General Principles of Financial Planning for CFP |
|
Intentionally Defective Grantor Trusts – IDGTs – are a popular estate planning technique that can potentially benefit your clients. Explore how these trusts work and get tips on how to best put them to work for your clients.
This two-hour CPE webinar provides a practical, useful and updated examination of IDGTs from noted estate planner, author and educator, Steven G. Siegel, J.D., LL.M. This insightful program discusses how IDGTs work, how they are created, and the planning situations where they are best used. Siegel, an outstanding speaker and presenter, will provide plain-English explanations and helpful tips on this important topic, so you can understand IDGTs and advise your clients about them with confidence.
NOTE: IDGTs are under attack by both proposed administration budgets and IRS challenges, so understanding this planning opportunity and taking advantage of it while it is available is critical to your clients who would benefit from them.
All accountants, attorneys and financial planners who advise clients on estate and trust planning and administration and other wealth management matters will benefit from this practice-oriented seminar. Time will be provided for you to submit questions directly to Mr. Siegel during the program.
• As our “thank you for attending” gift, firms registered for this seminar will receive a complimentary issue of Wolters Kluwers’s Estate Planning Review—The Journal in electronic format.
Who Should Attend
This course is essential for tax return preparers, CPAs, CFPs, enrolled agents, tax attorneys and other professionals who advise clients on tax, retirement and estate planning, and other wealth management matters
Topics Covered
- What is an Intentionally Defective Grantor Trust?
- Understanding the Grantor Trust Rules
- Creating and Using IDGTs
- Advantages of IDGTs
- Installment Sales of Property to IDGTs
- Using IDGTs in Family Business Succession Planning
- Comparing the Use of the IDGT to the Use of a GRAT
Learning Objectives
- Obtain a comprehensive, updated understanding of what Intentionally Defective Grantor Trusts are
- Know how to create and effectively use IDGTs
- Identify planning opportunities where IDGTs could benefit clients
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic knowledge of federal wealth transfer taxes
Advance Preparation
None
