"Now What? Practical Solutions for Gift & Estate Tax Planning in 2010 and Beyond" Part I

Presenters: Lew Dymond and Tom Ray

This webinar focuses on testamentary planning, including marital deduction planning for both state and federal estate tax, and testamentary GSTT issues.

Despite the buzz you’ve seen in the papers, on TV, and on the web, it is highly unlikely we are going to see any meaningful estate tax legislation from Congress until well into 2010, after the federal estate tax is officially “repealed” (at least temporarily). Although few attorneys thought we would ever see the 2001 tax act (EGTRRA) play out, WealthCounsel prepared for this possibility years ago.

WealthDocx is perfectly equipped to help attorneys draft flexibility into clients’ estate plans in a way that contemplates the full effect of the federal estate tax laws and the changes in capital gains tax treatment in 2010. Attorneys must be prepared to account for how state estate tax laws interact with federal tax laws, and must be able to draft with enough flexibility to account for significant tax changes yet to come.

WealthDocx contains options for extremely flexible estate tax planning for married couples, including the “Clayton” election, the “One-Lung” QTIP, and other strategies for states that impose separate death taxes, and allowing for maximum flexibility to deal with the modified carry over basis rules for capital gains tax under Section 1022 of the Internal Revenue Code. 

This is Part I of II webinars on this subject. Click here download Part II. 

You will receive the webinar and materials via a download link after you order.

Note: If you are a WealthCounsel member, you can access the recording and materials on the member home page and 24/7 Library.