Webinar

The Generation-Skipping Transfer Tax and Dynasty Trusts

If you have questions about this event, please call us at 952-831-2707.

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Transfer taxes, such as the estate and gift tax, create a drag on the accumulation of wealth over a family's generations. The government promulgated the generation-skipping transfer (GST) tax to discourage avoidance of the estate and gift tax by families. Randy Gardner explores: GST tax terminology, how the GST tax is calculated, ways to avoid the GST tax, and how to design a dynasty trust to pass property from generation to generation.

Major subjects

• Calculation of the GST tax, and how it relates to the estate tax and gift tax
• Direct skips, taxable distributions, and taxable terminations
• GST tax allocations, Reverse QTIP election, and Exempt and Nonexempt Trusts
• Calculating the benefit of and designing Dynasty Trusts

Learning objectives

• Determine how the GST tax is calculated and how it relates to the estate and gift tax
• Recognize language in estate planning documents that warrants allocation of the GST tax exemption and making the Reverse QTIP election
• Identify opportunities to establish Dynasty Trusts to possibly avoid transfer taxes for generations to come

Who should take this program?

• CPAs, attorneys, bankers, financial professionals, insurance professionals, enrolled agents and professional staff

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $229.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.