InterActive Legal

Session 1 of the Tax Series This session will cover the basics of estate taxation – what is taxed, how estate taxes are calculated, and how lifetime gifting impacts estate taxation. We will also introduce the estate tax exemption and the marital and charitable estate tax deductions. What is included in the gross estate? The inclusion “strings” – 2036, 2038, 2041 Introduction to marital and charitable deductions Gift taxation Introduction to the estate and gift tax exemption When does estate tax planning makes sense?

Session 2 of our Tax Series This session will focus on the federal estate tax exemption, how it can be best utilized via a “bypass trust,” and how it might be wasted.  The presenters will also cover “portability” of the estate tax exemption. Marital Deduction Gifts – form and requirements  Use (and waste) of the estate tax exemption  Portability of the estate tax exemption  Bypass Trusts – ensuring use of the exemption