Estate Planning Before the 2020 Election

June 18, 2020

Planning before the 2020 election is critical. What should advisers be telling clients to do now about estate planning? What might the 2020 election hold in terms of changes to basis step up, exemptions, GRATs and more. How can clients use exemption while maintaining access to assets. Why is asset protection so important to consider now? How foreigners can benefit from using US dynastic trusts and why this might continue? How should GRATs be structured in the current environment? What steps should advisers consider to minimize state income taxation of trusts? …..and much more.

o Seminar Description: This panel discussion will cover a wide range of planning ideas for attorneys and accountants to consider as it relates to the 2020 presidential election. Some of the broad categories covered include (but are not limited to) 1) Maintaining control in an uncertain environment through the use of trusts, 2) a focus on states: State reaction to significant reduction in federal rate; favorite state income tax strategies, and 3) use of powers of appointments.

Shenkman Events: Accountant/Attorney Webinar -“Estate & Tax Planning For The 2020 Election: What CPAs and Attorneys Should Advise Their Clients”

o Host/Organizer: Jonathan I. Shenkman, Associate Director of Investments/Financial Advisor - Oppenheimer & Co. Inc.

o Speakers:

Panelists: Al King III Co-Founder & Co-Chief Executive Officer South Dakota Trust Company LLC

Joy Matak, JD, LLM Principal Trusts and Estates Services Co Leader CohnReznick LLP

Martin M. Shenkman, Esq. Martin M. Shenkman, PC

Moderated by: Susan Lipp, Esq. Editor in Chief Trusts & Estates