IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Estate Planning Before 2026 (and Beyond) for Married Couples (OnDemand Webinar)

$149.00

SKU: 409878EAU

Description

Plan accordingly with your spouse to take advantage of exemptions and benefits.2026 is coming quickly. It is essential for wealthy married couples and their advisors to focus and prepare for the upcoming reductions to the federal gift, estate, and GST tax exemptions on January 1, 2026. This course will focus on planning tools and techniques to effectively prepare for these changes and to use the current increased exemption amounts. We will discuss proper gift reporting, estate planning concepts (including will and trust drafting ideas), generational planning opportunities, retirement account beneficiary planning, and life insurance considerations. Also, widowed clients can act now to utilize the new simplified method to increase surviving spouse’s estate exemption and elect portability and increase the surviving spouse’s federal gift and estate tax exemption.

Date: 2022-09-21 Start Time: End Time:

Learning Objectives

Current Federal Gift, Estate, and GST Exemptions
• Individuals vs. Married Couples
• Portability Election of Deceased Spousal Unused Exclusion (Dsue) Amount (and How to Make the Election)

2026 Changes to Current Federal Gift, Estate, and GST Exemptions

Clawback Considerations
• No Clawback of Completed Gifts
• Clawback of Certain Gifts Included in the Gross Estate

Death Before 2026
• Will and Revocable Trust Drafting Provisions
• Basic Considerations
• Gst Planning and Reverse QTIP
• IRA Beneficiary Considerations
• Life Insurance Ownership and Beneficiary Considerations

Gift Planning Before 2026
• Outright Gifts
• Gifts in Trust
• Basis Considerations
• Valuation
• Gift Reporting

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Gregory L. Matalon, Esq.-Capell Barnett Matalon & Schoenfeld LLP, Erik Olson – Capell Barnett Matalon & Schoenfeld LLP

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Estate Planning Before 2026 (and Beyond) for Married Couples (OnDemand Webinar)

$199.00

SKU: 407647EAU

Description

Plan accordingly with your spouse to take advantage of exemptions and benefits.This topic will cover the fundamentals and fine points of estate tax planning for married couples, whether a first or subsequent marriage. We will discuss traditional estate tax planning strategies, as well as planning in light of the current large transfer tax exemptions, and then turn to planning for the scheduled reduction in those exemptions in 2026. The information will discuss ways to use the temporary large exemptions before 2026, without having to die and without losing access to the property. We will review a new form of asset protection trust (the SPAT Trust), which is ideal for married couples (and others). Finally, we will consider income tax issues, such as the benefits of grantor trust status and how to obtain a stepup in basis for the property of both spouses when the first spouse dies without moving to a community property state. After this topic, you should be able to better advise clients on planning for 2026, and beyond.

Date: 2020-06-24 Start Time: End Time:

Learning Objectives

Traditional Estate Tax Exemption Planning
• Credit Shelter Trusts
• Portability of the Estate Tax Exemption
• Disclaimer and Clayton Contingency Plans

Planning for Married Couples Under Current Law
• Reduced Need for Credit Shelter Trust Planning
• Greater Focus on Income Tax Planning (Obtaining a Step-up in Tax Basis)

Planning for 2026 – Using the Enhanced Temporary Estate, Gift and GST Exemptions
• Spousal Limited Access Trusts (and Avoiding the Reciprocal Trust Doctrine)
• The Power of Continuing Grantor Trust Status After the First Spouse Dies
• The Best Disposition of Property Belonging to the First Spouse to Die, and That of the Second
• How to Get a Double Step-up in Basis When the First Spouse Dies Without Moving to a Community Property State

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Jonathan G. Blattmachr-InterActive Legal, Teresa L. Bush, Esq. – InterActive Legal