Estate planners: capitalize on recent tax law developments, including discount planning, basis reporting strategies, and intentionally defective grantor trusts, to get the best result for your clients. Know when--and when not--to use joint trusts and counsel same-sex couples about tax planning after Obergefell.
Watch and learn to:
- Update your same-sex couple clients' documents to get more favorable tax treatment
- Avoid transfer tax using lack of control and lack of marketability discounts
- Navigate the new basis consistency and reporting IRC 1014(f) and 6035
- Plan with intentionally defective grantor trusts
- Identify whether a joint trust is appropriate for your client