Robert Keebler Podcast on the Death Tax Repeal Act of 2017

Thanks to the generosity of Stephan Leimberg and Leimberg Information Services, we are pleased to bring to you complimentary podcasts on the following important updates. Senate Bill 205, the Death Tax Repeal Act of 2017 Senate Bill 205, the Death Tax Repeal Act of 2017, would not only repeal the estate tax — it would also eliminate a technique designed to reduce state income tax, the ING trust. Bob Keebler reports. LISI members can read more about S. 205 and other estate tax repeal proposals in Estate Planning Newsletter No. 2516 by Ed Morrow, published on February 10, 2017. To…

PBS Special: Caring For Mom & Dad

We recently received this e-mail from our esteemed colleague, Joan Medeiros, who brought to our attention a PBS Special on the challenges that caregivers of the elderly face: “I am frequently asked by clients about how to care for their elderly family members.  I know from personal experience how difficult, emotional, and complicated caring for an elderly parent can be.  PBS aired a very good special regarding this issue last Thursday night, but it also available for viewing via their website, which I have listed below.  I thought you might have some interest in watching it; please feel free to…

ABA Heckerling Reports from the 2015 Heckerling Institute

Every January, The University of Miami School of Law sponsors one of the nation’s largest estate planning conferences, The Heckerling Institute on Estate Planning. Also, for the past 16 years, the American Bar Association Section of Real Property, Trust and Estate Law with the permission of the University of Miami School of Law, releases several extensive reports highlighting the various lectures and proceedings of the Heckerling Institute. To view, download and access these extensive reports, please visit: http://www.americanbar.org/groups/real_property_trust_estate/events_cle/heckerling_reports/heckerling_2015.html Further, at the above website, you can also access reports from prior Heckerling Institutes as well. We, at The Ultimate Estate Planner,…

2nd Annual Trust Decanting State Rankings Chart Released!

By Steven J. Oshins, J.D., AEP (Distinguished) The 2nd Annual Trust Decanting State Rankings Chart was released earlier this week. This year’s chart includes more variables than were included in last year’s chart. The additional attributes were added in order to provide the end user with as many details as possible so the best jurisdiction can be selected based on the desired decanting or, with respect to a newly-formed irrevocable trust, the best jurisdiction to maximize future decanting flexibility. What is Decanting? Trust decanting is the act of distributing assets from one trust to a new trust with different terms….

Download the 2nd Annual Trust Decanting State Rankings Chart

Decanting has become a very popular technique in the estate planning world.  We are pleased to announce that nationally renowned estate planning and asset protection attorney, Steven J. Oshins, J.D., AEP (Distinguished), has just released his second annual Trust Decanting State Rankings Chart.  To request a complimentary copy of his chart, complete the form below. REQUEST FREE CHART   All 22 states with decanting statutes are ranked in this chart.  In particular, this year’s chart has additional variables which were not included in last year’s chart. The Top 7 decanting jurisdictions are… South Dakota: Total Score = 99.5 Nevada:  Total…

3rd Annual Dynasty Trust State Rankings Chart Released

Every year, nationally renowned estate planning and asset protection attorney, Steven J. Oshins, J.D., AEP (Distinguished), puts together a state rankings chart for Dynasty Trusts, showing which states rank among the highest in the country for Dynasty Trust planning. To download a free copy of Steve’s 3rd Annual Dynasty Trust State Rankings Chart, complete the form below. In particular, some highlights of this year’s chart: include: The top 3 states are #1 South Dakota, #2 Nevada and #3 Alaska. The #4, #5 and #6 states will surprise many people. More weight was put on Decanting in this year’s chart versus…

Robert Keebler on Rev. Proc. 2014-18 (Plus Free PDF Download)

From the Desk of Robert S. Keebler, CPA, MST, AEP (Distinguished). Rev. Proc. 2014-18 provides the procedures for filing a late 706 to obtain portability. This procedure will be a real “lifesaver” for an executor who missed the filing requirement. Rev. Proc. 2014-18 also provides a simplified method for the executor of an estate for a spouse in a same sex marriage who died before DOMA was ruled unconstitutional to obtain an extension of time to file for “portability.” If you would like to download a PDF of a presentation that was given for the AICPA, please complete the form…

Summary of Heckerling 2014 by Martin M. Shenkman, CPA, MBA, J.D

Thanks to generosity of Leimberg Information Services, we are pleased to provide to you a recently published article on LISI, where nationally renowned CPA and estate planning attorney, Martin M. Shenkman, provided some of the highlights from the 48th Annual Heckerling Institute. This year, Marty decided to do something little different. Instead of producing daily notes of each day’s proceedings, Marty put together a 50-page analysis containing his observations on the proceedings. Marty refers to his commentary as his “Heckerling 2014 Nuggets” and we’d think you’d agree with us when we say that they are in fact GOLD! However, due…

Steve Oshins Releases Decanting State Rankings Chart

Thanks to generosity of Leimberg Information Services, we are pleased to provide to you a recently published article on LISI, where nationally renowned estate and asset protection attorney, Steve Oshins, discusses the creation and release of his 1st Annual Trust Decanting State Rankings Chart. “The 1st Annual Trust Decanting State Rankings Chart was created to serve as a single page guide to various states’ differences among their decanting statutes. The states are ranked based on the ease of use and amount of flexibility provided by their statutes, not based on the public policy issues that may exist based on one’s…

The Year in Review – 2013

Reproduced with the expressed written consent and permission from Robert L. Moshman, Esq., author of the The Estate Analyst. To contact Bob Moshman to be included on his distribution list of his monthly newsletter, e-mail Bob at [email protected] Friends, counsel, and certified public accountants, lend me your eyes for the last interruption of billable hours in 2013, so that we may collectively tiptoe across the finish line of another spectacularly dysfunctional year. Editor’s Note: Please, no tweaking, tweeting, or texting, and definitely no twerking…seriously, don’t do it! Or as the Oxford Dictionary would now say, “srsly.” In the wake of…