SLATs & SLANTs:
How to Properly Administer and
Complete Forms 709 and 1041

The Traps for the Unwary Every Estate Planner Needs to Know!

Spousal Lifetime Access Trusts (“SLATs”) were one of the most popular and commonly used estate planning tools in 2020-2021 planning rush. Whether the SLAT was structured as a grantor or non-grantor trust (“SLANT”), or a completed gift trust or an incomplete gift, all SLATs of any variation raise a host of 1041/1040 (income tax return) and 709 (gift tax return) compliance issues and complications.

Thus, it’s imperative that you understand these issues and how to advise your clients properly moving forward.  This is why we’ve brought in nationally renowned CPA and tax planning expert, Robert S. Keebler, CPA/MST, AEP (Distinguished), CGMA and nationally renowned CPA and attorney, Martin Shenkman, J.D., CPA, MBA for an information-packed program entitled, “SLATs and SLANTs: Administration, 709s and 1041s”.

During this 103-minute presentation, Bob and Marty will be covering the following:

• The practical and critical administrative issues practitioners should discuss with all of their clients (including how the manner in which a SLAT is administered undermine the intended tax results!)

• What should be reported on Form 709’s for these types of trusts

• What unique 2021 planning techniques might require special attention on Form 709

• The income tax implications of these trusts and how should 1041s be prepared for them

• The “traps for the unwary” in these commonly used trusts

• Concepts such as reporting Wandry, double Wandry, King, Double King and waterfall valuation adjustment mechanisms

• 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.