When Reporting on your SC Commission Compliance Report, please use this code: 175311ADT

To register for this live teleseminar, please click here

About the Teleseminar   

The Generation Skipping Transfer Tax (GSTT) imposes a tax on property transfers among generations of a family and is intended to prevent tax reduction when a senior generation “skips” over transfers to their children in favor of grandchildren.  The tax is one of the most complex elements of trust and estate planning, involving skip and “non-skip” persons, generation assignments, and determining which transfers are taxable and which are not.  Planning has been further complicated with revisions of the federal estate and gift tax regime, including expiration of the GSTT safe harbor.  Understanding and planning for this tax is an essential part of planning for client estates, including those less than $5 million.  This program will provide you with a framework for understanding and planning with the GSTT, including testamentary and inter vivos exemption planning, and compliance trips and traps.  

Day 2 – October 27, 2017:

  • Planning for estates below $5 million
  • Predeceased parent exemption
  • Testamentary use of exemptions
  • Non-portability of exemptions
  • Use of less wealthy spouse’s exemption
  • Inter vivos dynasty trusts
  • Predeceased parent exemption
  • Sophisticated planning techniques using dynasty trusts and “HEET”s 

About the Speaker

Daniel L. Daniels is a partner in the Greenwich, Connecticut office of Wiggin and Dana, LLP, where his practice focuses on representing business owners, corporate executives and other wealthy individuals and their families.  A Fellow of the American College of Trust and Estate Counsel, he is listed in “The Best Lawyers in America,” and has been named by “Worth” magazine as one of the Top 100 Lawyers in the United States representing affluent individuals. Mr. Daniels is co-author of a monthly column in “Trusts and Estates” magazine.  Mr. Daniels received his A.B., summa cum laude, from Dartmouth College and received his J.D., with honors, from Harvard Law School.

Mandatory MCLE Credit Hours
This seminar qualifies for 1.0 MCLE Credit Hour, including up to 1.0 Estate Planning & Probate Law Specialty Credit Hour, and including up to 1.0 Taxation Law Specialty Credit Hour

(Instruction Level: Intermediate)*Live Teleseminar programs are not live credit programs.  Supreme Court Commission on CLE rules allow SC Bar members to use Alternatively Delivered programming to obtain up to 6.0 hours of MCLE each reporting period.   For FAQ’s please click here.