Friday, December 7, 2012
The Illinois State Bar Association is offering a 1 MCLE Hour teleseminar entitled, TELESEMINAR: Estate Planning in 2013: Part 2, on January 9, 2013 at 12:00-1:00 pm. The keynote speakers at the event are Blanche Lark Christerson, Renee M. Gabbard, Daniel Daniels, and David Leibell. Below is a description and highlights of the event as provided by the Illinois State Bar Association:
New Year 2013 marks the third consecutive year in which estate and gift tax laws are in a state of substantial flux. Exemption amounts and rates have varied widely and changed unpredictably in the last several years and New Year 2013 is expected to herald substantial new changes again as Congress alters the historically high exemptions and low rates of 2012. For larger and smaller estates, planning must change to reflect changes to the law which will impact more client estates than before. This program will provide you with a practical guide to major changes in the estate and gift tax law in 2013, planning opportunities (and traps) under the new tax regime, and discuss how the new law impacts existing plans. Part 2 of 2.
- Growing importance of using defined value clauses in an environment of lower exemptions and higher rates
- Strategies for smaller estates under $2 million
- Advanced gifting strategies – GRATs, installment sales to intentionally defective irrevocable trusts, and more
- Role of sophisticated trust planning under the new law