| Discussion Leader: |
Leo J. Cushing, Esq., CPA, LL.M, Cushing & Dolan, PC and Todd E. Lutsky, Esq., LL.M, Cushing & Dolan, PC |
| Date/Time: |
Jun 13, 2023
12:30 pm - 4:00 pm |
| Location: |
Zoom Live Video Conference
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| Details: |
In this program, we will cover the following:
- Preparation of sample gift tax returns
- Gift-splitting
- Gifting to Spousal Lifetime Access Trusts (SLATs)
- Computation of the value of gifts using traditional discounts for lack of marketability and lack of control
- Computation of the value of gifts with retained interests using IRS tables (GRATS and QPRTS)
- Distinguish between complete and incomplete gifts
- Discuss the use of grantor trusts to make gifts of S-corporation stock and/or LLC non-voting interests
- Allocation of generation skipping transfer tax exemption to get an inclusion ratio of zero
- Understand and apply the new IRS proposed regulations dealing with clawback when the basic exclusion amount was higher on the date of death than the basic exclusion amount on the date of the gift Reg-118913-21 (April 26, 2022)
Registration Form: 2023 Spring Registration Form
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| CPE Credit Hours: |
4 |
