Advanced Planning With Trusts Webcast | 4193836A

Instructors

Date :
June 11, 2019 10:00 AM - 12:00 PM
Location :
Webcast
Facility :
Webcast Rebroadcast
Level of Difficulty :
Advanced
Member Price :
75.00
Nonmember Price :
101.00
CPE Credits :
CPE 2.00, MCLE 2.00
Show tabs

Learn about advanced techniques related to income, gift and estate tax planning using trusts. The course will primarily cover the use of irrevocable trusts.

Discuss how to create irrevocable trusts without losing control over the assets placed into the trust and retaining the ability to unwind the trust. This course will explain how to draft irrevocable trusts that are defective for income and transfer tax purposes and how to use irrevocable trusts for state income tax planning (DING and NING trusts), federal estate tax planning (focusing on IDGTs), asset protection (domestic and offshore trusts), qualifying for government benefits, international estate planning and pre-immigration tax planning.

Objectives:

  • Identify income tax, gift tax and estate tax aspects of various types of trusts.
  • Recognize how to avoid Proposition 13 reassessment and how to avoid the trigger of the due on sale clause.
  • Recall estate planning and asset protection planning uses of different trusts.
  • Identify advanced tax, estate, succession, retirement, special needs and asset protection planning using trusts.
  • Recognize common obstacles and pitfalls, such as selection of trustee and property tax reassessment, and how to plan around them.

Major Subjects:

  • Trust obstacles and pitfalls
  • Revoking irrevocable trusts
  • Trust protectors
  • Estate planning through trusts
  • Special needs and Medi-Cal/Medicare planning
  • Tax planning with trusts
  • DINGs, NINGs, IDGTs
  • Asset protection through domestic and foreign trusts

Advanced Prep:

None.

Misc. Information:

Save with Discount Programs

Join or Renew Today
Level of Difficulty:
Advanced
Field of Interest:
Taxes
Prerequisites:

General knowledge of income, estate and gift taxes.

Designed For:

CPAs, attorneys and financial planners.

Instructors

Jacob Stein, Esq.
Jacob Stein, Esq. is the managing partner of Aliant, LLP. He specializes in private wealth legal work, including sophisticated asset protection and estate planning, structuring international business transactions, and complex U.S. and international tax planning. Mr. Stein received his law degree from the University of Southern California, and a Master of Laws in Taxation from Georgetown University. He has been accredited by the State Bar of California as a Certified Tax Law Specialist. He is AV-rated (highest possible rating) by Martindale-Hubbell, has been named “A Super Lawyer” by the Los Angeles Magazine for many years running, and is one of “America’s Most Honored Professionals 2016”, by the American Registry. Over the course of his career Mr. Stein has completed over 3,000 asset protection transactions and has represented officers and directors of Fortune 500 companies; Forbes 400 families around the world; celebrities; high-profile entrepreneurs; hedge fund managers; private equity funds; wealthy foreigners doing business in the United States and many more. He is the author of several books, numerous scholarly articles and technical manuals. His recent works include his book: A Lawyer’s Guide to Asset Protection Planning in California, Second Edition, published in April of 2016, which is the only legal treatise on asset protection specific to California, and International Joint Ventures – A Concise Guide for Attorneys & Business Owners, published in 2014. Mr. Stein is a frequent lecturer to various attorneys, CPA and other professional groups, teaching over 50 seminars per year. His presentation topics include: Advanced Asset Protection Planning, Advanced Estate Tax Planning, Tax Planning for Cross-Border Joint Ventures, A Foreigner’s Guide to Investing in U.S. Real Estate, Creative Planning with Controlled Foreign Corporations, and various courses on trust law. He is an instructor with the California CPA Education Foundation, National Business Institute, Thomson Reuters, the Rossdale Group, Lorman Education Services and many more. For the past ten years he has been an adjunct professor of taxation at the CSU, Northridge Graduate Tax Program. Mr. Stein is a member of several international legal networks, including: Union Internationale des Avocats, International Practice Group, IR Global, and the International Bar Association.
No Agenda or Materials posted.