Are You Using Your Old, Tried & True
Estate Tax Planning Tools
to Save Your Clients Income Taxes?
If a chunk of your practice revenue used to come from advanced-level estate tax planning, you’ve seen a big dip since the $5 million exemption came into effect.
And now, your clients are a lot more interested in saving income taxes than estate taxes. You need to adapt.
The good news is, you can do so easily by merely “re-purposing” some of your old, tried and true estate tax planning techniques (and, in the process, replace your lost estate tax planning revenue!).
Here’s what you need to know:
- How to shift income to lower tax bracket family members
- The principles of bracket management
- How the complexities of PEP and PEASE limitations, AMT and NIIT factor in
- How to use standard, irrevocable, discretionary distribution trusts
- Understanding the key principles of DNI, how to allocate capital gains to income rather than principal, and the separate share and tier distribution rules
- How to use more specialized irrevocable trusts to save income taxes
- The best states to situs different types of trusts to maximize tax savings
- How to use FLPs to shift income
- Avoiding realization of gain upon formation
- Steering clear of “investment company” rules
- And much, much more!
You can find out all of this - - in a simplified format that you and your clients can understand - - by joining us and nationally renowned income tax expert, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA, on for a unique 90-minute presentation entitled, “Income Shifting with Trusts & Partnerships”.