LIVE REPLAY: Planning for the Freeze:Trust & Estate Planning to "Freeze" Asset Values -Audio Webcast
August 2018
Monday, August 27, 2018
LIVE REPLAY: Planning for the Freeze: Trust & Estate Planning to "Freeze" Asset Values
Program Description
“Asset freezes” transfer future appreciation in a closely-held company or other asset from a senior generation to a junior generation, reducing the tax exposure of the senior generation and providing that any appreciation will be taxable at the generally lower rates of beneficiaries. Asset freezes use a variety of trusts and techniques to achieve this shift in taxable appreciation. Because freezes are subject to abuse, they are frequently challenged by the IRS. But if carefully planned, drafted, and administered, asset freeze platforms are effective tools for tax reduction while the senior generation still retains some income or other benefit of the asset. This program will provide you with a real world guide to the techniques and traps, opportunities and limits of asset freezes.
- Asset freeze platforms and techniques in trust and estate planning – and planning traps
- Use of retained interest trusts to shift asset appreciation – GRATs, GRITs, GRUTs
- Installment note sales of closely-held companies to heirs
- Use of self-cancelling installment notes and private annuities
- Qualified Personal Residence Trusts
- Income tax consequences of asset freezes
Faculty:
Missia H. Vaselaney is a partner in the Cleveland office of Taft, Stettinius & Hollister, LLP, where her practice focuses on estate planning for individuals and businesses. She also represents clients before federal and state taxing authorities. Ms. Vaselaney is a member of the American Institute of Certified Public Accountants and has been a member of the Steering Committee for AICPA’s National Advanced Estate Planning Conference since 2001. Ms. Vaselaney received her B.A. from the University of Dayton and her J.D. from the Cleveland-Marshall College of Law.
Michael Sneeringer an attorney in the Naples, Florida office of Porter Wright Morris & Arthur LLP, where his practice focuses on trust and estate planning, probate administration, asset protection planning, and tax law. He has served as vice chair of the asset protection planning committee of the ABA’s Real Property, Trust and Estate Section and is an official reporter of the Heckerling Institute. Mr. Sneeringer received his B.A. from Washington & Jefferson College, his J.D., cum laude, St. Thomas University School of Law, and his LL.M. from the University of Miami School of Law.
Each program will run from 11:00 a.m. to 12:00 p.m. M.T. (60 minutes each).
Registration Fees
| Non Member | $89.00 |
| CBA Member | $59.00 |
| CLEACCESSPASS | $0.00 |
| Non Member | $0.00 |
- General Credits: 1.00
- Ethics Credits:
- EDI Credits:
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