- July
Posted By : Cestone & Thompson
Comments Off on Michael Thompson Scheduled to Speak at Seminar on Trusts
Michael Thompson Scheduled to Speak at Seminar on Trusts

Somerset, NJ • Thursday, July 31, 2014

The Complete Trust Course

Topics to Include:

Understanding Estate, Gift and Trust Taxation 

Overview of Federal estate and gift taxation
Calculating the estate tax
Overview of trust taxation
Examining estate, gift and GST rates and exemptions
The Necessary Role of Testamentary Trusts in the Estate Plan
Purposes and features of trusts, including testamentary trusts
     • Credit shelter/bypass trusts
     • Marital trusts and family trusts
Handling community property, choosing a trustee and a situs
Irrevocable Life Insurance Trusts 
Purposes of life insurance trusts
Understanding related tax issues
Discount Planning with Trusts 
Understanding IRC Chapter 14: gift tax only valuation rules
PRTs and QPRTs
Using Revocable Trusts 
Characteristics and advantages/disadvantages of revocable trusts
Understanding related tax issues
IRAs and Trusts: Sophisticated Beneficiary Choices
General overview
Spousal rights and distribution rules
Using a trust as a plan beneficiary
Estate planning and charitable planning with qualified plans
Asset Protection Planning for Seniors and the Disabled
Overview of government benefit programs
Trust options
Planning for spouses, supplemental needs trusts
Charitable Trusts 
Purpose and features of charitable remainder trusts
Understanding related tax issues
Advanced Trust Planning 
Estate planning/income tax management trusts
Trusts for minors
Generation-skipping transfer tax
Qualified domestic trust, S corporation trusts
Offshore asset protection and spendthrift trusts