Planning for the 99%: Persons with Estates Below the Transfer Tax Exclusions (Completed)

Date: Tuesday, October 15, 2019
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

Essential Planning for Clients with Small and Mid-Size Estates
Don’t think that the higher transfer tax exclusions have eliminated the need for planning for your clients with small to mid-sized estates. Portability, income taxes, and asset protection considerations mean that your clients still need your help and expertise in guiding them through the increasingly complicated estate planning regulations.

This two-hour CPE seminar reviews how the current tax rules and latest developments affect clients that most practitioners encounter. The increased transfer tax exclusions make sophisticated estate tax planning unnecessary for many clients whose estates will not exceed the taxation thresholds. But there are many other considerations that should go into an estate plan including portability, income tax considerations, and asset protection concerns that make "simple" planning a risk for many clients. Life insurance, retirement plans, existing estate plans, gifting, and many other issues may need to be considered differently when advising clients in this new world of estate planning. Income tax basis planning has become a focus of great concern.

Topics Covered

  • The Available Current Transfer Tax Exclusions: Are Taxes Irrelevant?
  • How Much Estate Planning Will Be Done?
  • The Dangers of Formulas Used in "Old" Plans
  • Portability, Asset Division and Asset Protection
  • What to Do with Life Insurance
  • What to Do with Retirement Plans
  • Income Tax Planning: New Looks at Gifting Issues, Basis Issues, Trust Distributions, and the Net Investment Income Tax
  • "Repairing" Existing Estate Planning (Tenancies in Common, Family Partnerships, and LLCs, etc.)
  • Planning in Decoupled States (Those That Still Have Estate Taxes)

Learning Objectives

  • Recognize how to obtain a comprehensive understanding of latest federal estate tax changes
  • Describe the essential planning of concern to most clients
  • Identify opportunities where combining income tax planning with estate planning techniques may benefit clients with small to mid-sized estates


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

 Chat — Books Support