Charitable Gifts, Legacies, Public vs Private Foundations, Donor Advised funds, 501c3 for Client Advice

This CLE will address the basics you need to know regarding income tax for estates and trusts if you practice in the estate planning and succession areas. In addition, the CLE will provide tips for drafting Wills and Trusts with income tax consequences in mind as well as tips for succession administration and trust administration.

Rebecca Hinton will be speaking on administrative and judicial developments in the areas of Federal gift and estate taxation, and charitable giving. The presentation will discuss regulatory and statutory developments in the past year, as well as provide an overview of federal tax decisions that address estate and gift valuation matters, the inclusion of assets within taxable estates, valuation discounts available when gifting, charitable gifting developments, and other matters relevant to estate planners.

This presentation will cover the unique planning opportunities and obstacles when faced with a married couple, one of whom is not a U.S. citizen.  We will explore the historical aspects of the marital deduction for federal estate tax purposes and how it has evolved to its current form and how it impacts planning with Non-Citizen spouse. Special emphasis will be placed on the Qualified Domestic Trust and its requirements.

This talk will prepare you on how to prepare an accounting, how to file an accounting, and how to oppose an accounting for Successions, Trusts and Usufructs