What Every Estate Planner Needs to Know
About the Biden Administration’s
2025 Budget Proposal

The Biden Administration’s 2025 budget proposal contains revenue raising provisions that can only be described as a radical assault on the world of estate and gift taxation as we know it. 

Whether you’re an attorney, financial advisor, CPA or other estate planning professional, it is important that you stay in-the-know and you know how these proposals may impact your clients and the planning that you do.  This is why we have turned to three of the nation’s leading tax and estate planning experts, Jonathan G. Blattmachr, Esq., Marty Shenkman J.D., CPA, MBA, and Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), to put together this very timely presentation entitled “President Biden’s 2025 Green Book Estate Tax Revenue Proposals”.

In this 106-minute presentation, they will cover the following proposed changes:

  • The proposed treatment of transfers of appreciated property by gift or on death as realization events; the capital gains tax at death would be deductible against the estate tax.
  • The proposed increase in the capital gains rate for those with over $1 million of income.
  • Treatment of assets in a trust or partnership and how they need to be marked to market every 90 years beginning from January 1, 1944.
  • Whether a discount will be allowed for partial interests.
  • How transfers to or from a trust (other than a wholly owned revocable trust) or partnership will be treated.
  • Treatment of transfers to a U.S. spouse.
  • The proposed increase in the top income tax rate.
  • Taxation of transfers to a charitable lead trust or a charitable remainder trust.
  • A proposed $5 million per person exclusion on property transferred by gift or at death, indexed for inflation after 2024 - - and portability between spouses. 
  • The proposed minimum tax of 25% on total income, including unrealized capital gains, on taxpayers with wealth of over $100 million, along with how the taxes can be paid.
  • Requirements for GRATs minimum and maximum terms, along with requirements for the remainder interest value.
  • Taxation of sales between the grantor and a grantor trust, including the grantor’s payment of the income tax on the trust’s income and gains would be treated as a taxable gift.
  • Proposed requirement that intrafamily transfers of partial interest in property in which the family collectively owns at least 25% be valued based on the interest’s pro rata share of the collective fair market value of the interests held by the taxpayer and the transferor’s family members.
  • A limit on the total annual exclusions for certain transfers, indexed for inflation after 2025.
  • The proposed applications of the GST exemption.
  • And much more!

Your purchase includes an instantly downloadable video and audio recording and PDF handout materials.  A PDF transcript is available as an add-on for an additional fee.


Includes: MP4 Video (and Audio) Recording of Presentation plus PDF handout materials.

NOTE: PDF Transcript available as an add-on for an additional fee during checkout.



Jonathan G. Blattmachr

J.D., LL.M. (Taxation)
Jonathan G. Blattmachr

Jonathan G. Blattmachr brings over 35 years of experience in trusts and estates law. He is a retired member of Milbank Tweed Hadley & McCloy and the Alaska, California and New York Bars. Mr. Blattmachr has been recognized as one of the country’s most creative trusts and estates lawyers. He writes and lectures extensively on estate and trust taxation and charitable giving and has authored or co-authored five books and over 500 articles on estate planning topics. He has served as a lecturer-in-law of the Columbia University School of Law and is an Adjunct Professor of Law at New York…

Martin M. Shenkman

Martin M. Shenkman

Martin “Marty” Shenkman, Esq., CPA, MBA is an estate planning attorney and Certified Public Accountant from Paramus, New Jersey. He received his Bachelor of Science degree from Wharton School, University of Pennsylvania 1977 with a concentration in accounting and economics. He received a Masters degree in Business Administration from the University of Michigan 1981, with a concentration in tax and finance. Mr. Shenkman is a widely quoted expert on tax matters and is a regular source for numerous financial and business publications, including The Wall Street Journal, Fortune, Money, The New York Times, and others. He has appeared as a…

Robert S. Keebler

CPA/PFS, MST, AEP (Distinguished)
Robert S. Keebler

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished) is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue…


The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.

However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.