Explore the planning challenges for individuals with significant wealth but few liquid assets. The estate tax is due nine months after the date of death, and the federal government generally accepts cash only. The speakers in this session will discuss the techniques and election options to address this challenge.

Discussion Highlights:

• Valuation rules and opportunities                     
• Alternate valuation and special use valuation
• Charitable planning with business interests     
• Buy-sell agreements and the use of life insurance
• Section 303 redemptions
• Deferral of estate tax payment under Section 6166
• Loans to facilitate payment of estate tax, and rules on deductibility of interest
• Lifetime steps for transferring property and structuring entities to facilitate use of special rules available at death

Speakers:

Thomas W. Abendroth, Partner, ArentFox Schiff LLP

Stephen W. Murphy, Partner, McGuireWoods LLP

Continuing Education Credits:

Live and Recording—CTFA 2.00 credits
Approved for 1.5 ME CLE

• Tactics to reduce client resistance to discussing difficult topics such as intergenerational wealth transfers, health care wishes or a change in beneficiary

Speaker:

Kathleen Burns Kingsbury, Wealth Psychology Expert, Author & Coach, KBK Wealth Connection

To register, please email amelia.dow@portlandtrust.com.