Are You Reporting GST Allocations,
IDGTs, GRATs and Defined Value
(or Other Formula) Clauses
on Form 709 Correctly?

If not (or if you’re unsure), you may be exposing your clients to significant penalties!

Although you may regularly prepare Form 709s (federal gift tax returns), these are more advanced level reporting issues that you may not be familiar with - - and you need to know.

That’s why we’ve asked nationally renowned CPA and tax expert Robert S. Keebler CPA/PFS, MST, AEP (Distinguished), CGMA, to address these special issues in a 90 minute teleconference to be held Tuesday, September 26, 2017 at 9am Pacific Time (12pm Eastern Time).

On this call, Bob will show you:

  • How to be sure you clearly and fully understand the key Generation Skipping Transfer Tax (“GST”) terms
    • “Direct Skips”
    • “Double Skips”
    • “Skip Person”
    • “Taxable Distributions”
    • “Taxable Terminations”
  • How to properly report GST planning on the Form 709
    • The difference between automatic allocation, timely and late allocations and “ETIP” allocation
    • The predeceased parent rule
    • Dynasty Trusts
    • Spousal limited access trusts
    • Irrevocable Life Insurance Trusts
    • IDGTs (including sales)
    • GRATs
    • Freeze partnerships
    • Split-dollar insurance
    • Acquisition of non-GST exempt trusts by GST exempt trusts
    • GST adjustments to existing trusts and “Qualified Severances”
  • How to properly report Defined Value and Related Formula Clauses in the Form 709
    • How recent case law has changed this
    • What to attach to or include in the return (or not)
  • How to meet the “Adequate Disclosure” Requirements
    • What constitutes “Substantial” Compliance
  • How to avoid potential penalties
  • And much more (including a sample completed Form 709)!

Your purchase includes: Downloadable PDF handout materials and MP3 audio recording. A PDF transcript to your purchase during the checkout process for an additional fee.

  • Program Title: Special Gift Tax Return (Form 709) Issues
  • Speaker:
  • Duration: 90 Minutes

Robert S. Keebler

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

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA 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 Planning Counsels. 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. Mr. Keebler is the past Editor-in-Chief of CCH’s magazine, Journal of Retirement Planning, and a member of CCH’s Financial and Estate Planning Advisory Board. 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 Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals.

In the past 20 years, he has received over 150 favorable private letter rulings including several key rulings of “first impression.” Mr. Keebler is nationally recognized as an expert in estate and retirement planning and works collaboratively with other experts on academic reviews and papers, and client matters. Mr. Keebler is the author of over 75 articles and columns and editor, author, or co-author of many books and treatises on wealth transfer and taxation, including the Warren, Gorham & Lamont of RIA treatise Esperti, Peterson and Keebler/Irrevocable Trusts: Analysis with Forms.

Mr. Keebler is a member of the editorial board of the Society of Financial Service Professionals “Keeping Current” series. He is a featured columnist for CCH’s Taxes Magazine – “Family Tax Planning Forum,” Steve Leimberg’s “News of the Week Newsletter” and the Bureau of National Affairs Tax Division. Bob also had his article “Is That Your ‘Final’ Answer?” published in Tax Management Compensation Planning Journal. Bob frequently is quoted in national publications such as New York Times, Chicago Tribune, Baltimore Sun, Barrons, Bloomberg Wealth Manager, Financial Advisor, Forbes, Kiplinger, Lawyer’s Weekly, On Wall Street, The Wall Street Journal, USA Today, Wealth Manager and Worth in addition to many local and regional newspapers.

He is a frequent speaker for legal, accounting, insurance and financial planning groups throughout the United States at seminars and conferences on advanced IRA distribution strategies, estate planning and trust administration topics including the AICPA’s Advanced Estate Planning, Personal Financial Planning Conference and Tax Strategies for the High Income Individual Conference.

Mr. Keebler graduated (cum laude) from Lakeland College with a degree in Accountancy and the University of Wisconsin – Milwaukee with a Masters in Taxation. Before practicing in Northeastern Wisconsin, he practiced with Price Waterhouse where he concentrated in taxation.


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.

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