NLEP
WHAT YOU NEED TO DO NOW IN ESTATE PLANNING

Now, with the estate and gift tax law turned upside down in 2010, and will do so again in 2011 and maybe again in 2010, as well, practitioners need to rethink many of their strategies and tactics. For those who think that there is no planning because the estate tax is temporarily suspended, THINK AGAIN. With a "back to the future" scenario in the offing, 2010 is the year for practitioners to meet with clients to explore new options. Don’t risk your clients’ financial future!

Major Topics

• A complete analysis of legislation with an eye towards planning issues and pitfalls to avoid
• Clients’ wills – what needs to be reviewed and revised
• Retroactive reinstatement of the estate tax – what can be done?
• Gifting strategies in light of tax reform
• What estate planners should do or undo in a troubled economy
• Using discounts – are they still available?
• Converting or not converting IRAs to Roth IRAs as an estate planning issue in 2010
• Winners and losers in various estate planning strategies
• …and much more!

Learning Objectives

• Understand all of the new tax law changes in the estate area
• Be able to recognize which planning strategies should now be considered
• Understand what revisions might be needed in clients’ wills

Designed For: CPAs who want to understand the latest tax law changes and the effects they will have on their clients

Level of Knowledge: Update

Prerequisites: Significant knowledge in estate or gift tax planning; attendance at basic estate planning and preparation courses