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

Session 3 of our Tax Series In this session, we will learn about ways to draft contingent plans to use the estate tax exemption only if it turns out to be necessary at death.  This can allow for a simpler estate plan if estate taxes are not relevant, but still permit the tax planning if warranted.  We will also discuss estate tax planning in states with a separate state estate tax. Formula gift planning review Disclaimer plans One-Trust plans Clayton plans Planning in decoupled states

Live Workshop for Sessions 1 & 2 of our Tax Series This session will review the concepts covered in the first week, showing drafting examples and giving attendees the ability to ask questions of the faculty. Marital Trust drafting examples Bypass Trust drafting examples Substantive Q&A session with the speakers

Live Workshop for Sessions 3 & 4 of our Tax Series This session will review the concepts covered in the second week, showing drafting examples and giving attendees the ability to ask questions of the faculty. Disclaimer drafting examples Clayton drafting examples Trust drafting examples Substantive Q&A session with the speakers

Live Workshop for Sessions 5 & 6 of our Tax Series This session will review the concepts covered in the third week, showing drafting examples and giving attendees the ability to ask questions of the faculty. Life Insurance Trust drafting examples Retirement Benefits drafting examples Family business drafting examples  Lifetime trust drafting examples  Substantive Q&A session with the speakers