Learn about advanced estate planning strategies and the various types of generational skipping transfers, so you can provide reasoned recommendations to your clients.
Learning Objectives
Recall the benefits of family entities.;Identify the party that receives asset protection through a family limited partnership. Identify the basis for a remainder beneficiary of a GRAT.;Recall the technique used by a senior generation of a family to gift property to a younger generation.;Recognize the effect a term of years has on the valuation of a taxable gift to a QPRT.;Distinguish among the various types of generation skipping taxable transfers. Calculate the inclusion ratio for a generation-skipping transfer.
Major Topics
Advanced estate planning strategies;Generation-skipping transfer tax
