What You'll Learn

In this session, Alan Gassman, JD, LLM will cover these key topics:

1. Lifetime gifting strategies:
   1. Annual exclusion gifts
   2. Leveraging the lifetime gift tax exemption
   3. Using family limited partnerships (FLPs) and family LLCs.
2. Charitable giving techniques:
   1. Donor-advised funds
   2. Charitable remainder trusts (CRTs)
   3. Charitable lead trusts (CLTs)
3. The role of GRATs (Grantor Retained Annuity Trusts) and IDGTs (Intentionally Defective Grantor Trusts)
4. Spousal lifetime access trusts (SLATs).
5. Utilizing life insurance for tax-efficient wealth transfer:
   1. Irrevocable Life Insurance Trusts (ILITs).
   2. Ensuring the death benefit is outside the taxable estate.