|Faculty:||James Cohen, Bruce Steiner|
|Production Date:||March 29 2011|
The provisional exemption increases for federal gift and estate taxes under The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Acts of 2010 make it important for individuals to consider revamping or setting-up their estate planning within the next few years. In this update to their popular course, attorneys James Cohen and Bruce Steiner offer stellar advice on various estate planning methods available to minimize state and federal taxes. Mr. Cohen and Mr. Steiner have an in-depth discussion on the various trusts available and their advantages over other methods of holding assets for estate planning purposes. They demonstrate how irrevocable trusts can be made flexible to accommodate the changing needs of their beneficiaries, and also briefly discuss the benefits of IRA conversions and the strategies available to minimize taxes. This is an excellent course for attorneys with a basic trusts and estates background wishing to provide thorough estate planning services for their clients.
I. The Federal Gift, Estate, and Generation Skipping Transfer Tax (Past, Present, and Future)
II. Portability vs. Credit Shelter Trusts
III. Charitable and Non-Charitable Trusts (CLT, GRAT, IDGT, and Loans)
IV. Flexibility in Irrevocable Trusts (Power of Appointment and Decanting)
V. Converting an IRA into a Roth IRA
VI. Estate Planning Tips
Norman (NY, NY)
Charles (Meridian, ID)
It was an excellent course
Eugene (Denver, CO)
The speakers make a good case for always working with an estate planning attorney and accountant. They also make a good case to simplify the tax code and increase the exemptions for estate planning so that most people have no need for trusts for tax purposes.
William E. (Alameda, CA)
Jamey (Golden, CO)
Robert (Chicago, IL)
Great presentation all around. I liked the way the two speakers interacted. It is the kind of team that I would like to see for any client in this area.
bruce (Miami, FL)
good coverage of material
bonnie (new york, NY)
one of the better courses
Clifford (Wheaton, IL)
David (New York, NY)
well organized and well presented
Margaret (Lombard, IL)
Pamela (Rochester, NY)
great discussion of some of the complex issues created by this transitional era in estate and gift tax laws
H. Michael (Willowbrook, IL)
Byron (Tampa, FL)
Adam (Chicago, IL)
Karrick (River Forest, IL)
Excellent presentation; very useful
Phyllis G (Winnetka, IL)
Very informative presentation, good content
doug (park ridge, IL)
Marek (Cohasset, MA)
very good overview of the use of trusts as estate planning vehcles
Stephen (Northbrook, IL)
Great information and I personally enjoy this format better than a Q&A when there are 2 people.
Evangeline (Dallas, TX)
very informative! speakers were very knowledgeable!
Karen (Livermore, CA)
Richard (Lake Geneva, WI)
Edie (Cape Coral, FL)
It was very informative.
Linda (Dix Hills, NY)
James Cohen was excellent. I would like to see more classes from him.
Barbara (Chicago, IL)
Malcolm (Dunnellon, FL)
both speakers were excellent & supplemented each other.
Francine (Cerritos, CA)
made a dry topic very informative and easy to understand
Mary (Bartlett, TN)
Kara (Brooklyn, NY)
Favorite CLE so far.
Louis t. (Wilmette, IL)
effectively compressed a lot of useful material into hour course.
Malcolm (Spring, TX)
This is something that every multi-million dollar estate planner should know.
Daniel (Smithtown, NY)
The lecture was perhaps the most informative i have seen. Both speakers were terrific.
Nina (llano, TX)
I watched it three times because it was so informative!
Carolynne (New York, NY)
Excellent - I plan to watch the course on Roth conversions that the speakers referred to because they were so good.
Gregory (St Petersburg, FL)
Outstanding, I enjoyed both speakers.
Janice (Temple Terrace, FL)
Great presentation...I felt as if I was at the table with them!
Deborah (Hillsborough, NJ)
Tom (Montgomery, TX)
Nice overview of a confused time in the law. I am constantly having to refer to tables of rates and exemptions these days and it was good to listen to them discussed.
Linda (Geneva, IL)
It was helpful to have them run several scenarios for each trust and will combo depending on size of estate.