New SCOTUS Decision Jeopardizes
Buy-Sell Agreements Funded by Life Insurance!
If you’re an estate planning attorney,
CPA, financial advisor or insurance agent
read on…
For many years, whenever life insurance proceeds were used to fund an entity’s buyout of an owner’s interest at death, per a Buy-Sell Agreement, the proceeds and the buyout obligation offset each other for the estate tax valuation of the entity. Now, those insurance proceeds may increase the estate tax value, regardless of the Buy-Sell Agreement!
What do you now do with existing insurance-funded Buy-Sell Agreements and with new ones moving forward?
These and other critical questions are why we have turned to four of the nation’s leading tax and estate planning experts, Jonathan G. Blattmachr, Esq., Martin Shenkman J.D., CPA, MBA, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), and Professor Mitchell Gans to put together this very timely, 70-minute presentation entitled “Supreme Court Holding in Connelly Requires that Redemption Agreements Be Reconsidered”.
You need to know:
- Do “entity redemption” agreements make sense anymore?
- Should they be replaced with “cross-purchase” agreements?
- Should another type of entity - - an “Insurance LLC” be utilized?
- What are its pros and cons, and how would it work?
- Should more insurance be purchased, given not only this SCOTUS decision, but the sunsetting of the current estate tax exemption next year?
- What should you be telling your clients now?
- And much, much more!
Your purchase includes an instantly downloadable video and audio recording, along with PDF handout materials. A PDF transcript is available as an add-on for an additional fee.
- Program Title: Supreme Court Holding in Connelly Requires that Redemption Agreements Be Reconsidered
- Speaker: Jonathan G. Blattmachr, Martin M. Shenkman, Mitchell M. Gans, Robert S. Keebler
- Duration: 70 minutes
Purchase
ABOUT THE SPEAKER
Jonathan G. Blattmachr
J.D., LL.M. (Taxation)
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
J.D., CPA, MBA
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…
Mitchell M. Gans
Mitchell M. Gans is a Rivkin Radler Distinguished Professor of Law at Hofstra University in Hempstead, New York. Before joining the Hofstra faculty, Professor Gans had been an associate in the Tax and Trust and Estates Departments at the New York City law firm of Simpson, Thacher & Bartlett and law clerk to Associate Judge Jacob D. Fuchsberg, New York State Court of Appeals. He is an Academic Fellow at the American College of Trust and Estate Counsel. He is also an Adjunct Professor of Law at the NYU School of Law. Professor Gans is a leading scholar in the…
Robert S. Keebler
CPA/PFS, MST, AEP (Distinguished)
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…
IMPORTANT NOTICE REGARDING CE CREDIT
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.