Avatar Avatar

A Planner's Cheat Sheet for Evaluating Estate Planning Tools & Techniques: Part 1



Watch Now!
Recording and Slides are Available Here


On Thursday, August 6th, Paul Hood and Ed Morrow will deliver Part 1 of their 3-part series "A Planner's Cheat Sheet for Evaluating Estate Planning Tools & Techniques." To register for Part 1, use the Buy Now button on this page. You can register for the entire series at a special limited time discount by Clicking This Link

The purpose of this three part series is to provide a unique analysis of most of the major estate planning tools and techniques currently in use, and it covers 38 different estate planning tools and techniques presently in use, from wills to self-cancelling installment note sales to intentionally defective grantor trusts, and all points and acronyms in between! Paul Hood and Ed Morrow will analyze each tool and technique with up to the same set of criteria and compare some of them to other tools and techniques to give the practitioner a veritable cheat sheet for quickly considering tools and techniques for clients, including:

  • Advantages.
  • Disadvantages.
  • Assets best suited for the tool.
  • Assets generally not well suited for the tool.
  • Need for independent valuation.
  • Cost and importance of implementation and ongoing administration.
  • Cash flow requirements of assets used in the tool.
  • Cash flow requirements of client and client’s spouse and family if the tool is used.
  • Estate tax risks and consequences.
  • Gift tax risks and consequences.
  • Income tax risks and consequences.
  • Clients for whom the tool generally works best.
  • Clients for whom the tool generally may not work.
  • Whether the tool is “age, interest rate or health sensitive.”
  • Best recipients of the transfer made by the tool.
  • Asset protection, if any, offered by the tool.

Session 1 will cover:

  • Introduction.
  • Introduction of tripartite hermeneutic for design of techniques.
  • Admonition about irrevocable lifetime planning.
  • Importance of the “fit” and hitting the “sweet spot.”
  • Difference between “bet to live” and “bet to die” tools.
  • Wills.
  • Powers of Appointment.
  • Joint Tenancy with Right of Survivorship.
  • Pay on Death (POD)/Transfer on Death (TOD) Arrangements.
  • Direct Gifts.
  • Revocable Trusts.
  • Portability.

Session 2 will cover:

  • Supercharged Credit Shelter Trust℠.
  • Life Insurance Trusts.
  • Qualified Personal Residence Trust (QPRT).-
  • Grantor Retained Interest/Income Trust (GRIT).
  • Domestic Asset Protection Trust (DAPT).
  • Installment Sale.
  • Private Annuity.
  • Self-Cancelling Installment Note (SCIN/DTIN).
  • Intentionally Defective Grantor Trusts (IDGT).
  • Beneficiary Defective Irrevocable Trusts (BDIT).
  • Guarantee or Loan.
  • Opportunity Shift.
  • Grantor Retained Annuity Trust (GRAT).
  • Installment Sale to IDGT/BDIT.
  • Family Partnerships/LLCs.

Session 3 will cover:

  • Inter Vivos QTIP Trusts.
  • Optimal Basis Irrevocable Trust (OBIT).
  • Split Purchase.
  • Preferred Partnership Freeze.
  • Spousal Lifetime Access Trust (SLAT).
  • Spousal Lifetime Power of Appointment Trust (SPLAT).
  • Incomplete Gift non-Grantor Trust (DING/NING).
  • Estate Equalization Among Spouses.
  • Skipping Generations.
  • Limited Power of Appointment Lid.
  • Incentive/Disincentive Trusts.
  • Joint Estate Step-Up Trust (JEST)
  • Private Annuity Trusts/Unitrusts.
  • Gift-Splitting.
  • Tandem Techniques.
  • Split Dollar (Loan Regime).

 



There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.

If you are not a LISI member please use the Buy Now Button below to pay the non-member price of $149.

Registrant Email:

After you pay you will be sent a link with the registration information. Your webinar registration is designed for one individual user and groups up to 5 individuals. Sharing beyond this is not permitted. If you are interested in group access to our webinar content, please send an email to lisiwebinars@gmail.com

If you have any questions, please contact webinaradmin@leimbergservices.com

NOTE: To pay using a credit card, use the botton labeled
"Pay with Debit or Credit Card" after clicking the Buy Now button below.

If you are a LISI member, please login below to receive the member price of $129 for this webinar.

Forgot Password?

To become a LISI member Click Here



Avatar Avatar

Steve Gorin Steve Trytten

September 25, 2020 3:00PM ET - 4:30PM ET ET

Drafting under the SECURE Act – Expanded and Updated with Scenarios & Sample Language

More Info
Avatar Avatar Avatar

Ed Morrow Jonathan Blattmachr Martin Shenkman,

September 30, 2020 1:00PM ET - 2:30PM ET ET

Leading Tools and Techniques to Avoid State Income Tax on Non-Grantor Trusts after Kaestner and Fielding

More Info
Avatar Avatar

Steve Gorin Steve Trytten

October 1, 2020 3:00PM ET - 4:30PM ET ET

Drafting under the SECURE Act – Expanded and Updated with Scenarios & Sample Language - A Special Re-Broadcast

More Info
Avatar

Steve Siegel

October 2, 2020 3:00PM ET - 4:30PM ET ET

Understanding S Corporations: From Cradle to Grave, Part 1

More Info
Avatar

Bob Keebler

October 02, 2020 1 PM 2:30 pm ET

NEW PPP LOANS: Phase 4 Coronavirus Package – A First Look

More Info
Avatar Avatar

Colleen Flynn Alan Gassman

October 08, 2020 3:00PM ET - 4:30PM ET

Pitfalls for Employers to Avoid when Reopening or Returning Workers to the Office During COVID-19

More Info
Avatar

Steve Siegel

October 09, 2020 1:00PM ET - 2:30PM ET

Understanding S Corporations: From Cradle to Grave, Part 2

More Info
Avatar

Mark Merric

October 09, 2020 3:00PM ET - 4:30PM ET

Part 2: Mark Merric’s Three-Part International Estate Planning Series

More Info
Avatar

Gary L. Flotron

October 16, 2020 3:00PM ET 4:30PM ET ET

Understanding Life Insurance and Rethinking Policy Management and Evaluation: Explaining the Unexplainable

More Info
Avatar

Mark Merric

October 23, 2020 3:00PM ET - 4:30PM ET ET

Part 3: Mark Merric’s Three-Part International Estate Planning Series

More Info