This second segment of the Alan Gassman Estate Tax Planning series will cover the “other half” of the primary estate tax planning techniques commonly used to enable affluent families to avoid or eliminate federal state tax. The techniques to be covered in this segment will include the installment sale to a grantor trust, Self-Canceling Installment Notes, Private Annuities, and Qualified Personal Residence Trusts. This will be an overview of these techniques in preparation for a deeper dive to occur in later segments. The educational process will be enhanced by live computerized images that respond to toggles and dials, enabling attendees to instantly see the results of the applicable techniques and their variations.
Attendees will learn:
• The importance of advanced techniques in comprehensive estate tax planning.
• How to explain the concept of installment sales to grantor trusts as a strategy for transferring assets out of an estate while retaining certain benefits.
• SCINs and their role in estate planning as a method for transferring assets with a built-in mechanism for cancellation upon the death of the seller.
• The tax implications and planning considerations involved in structuring private annuities effectively.