Valuations in Estate and Gift Tax Planning: Recent Developments and Key Considerations for Trust and Estates Counsel
Section 2704, Fractional Interests, Intrafamily Transfers, Promissory Notes, Defined Value Formula Clauses, and More
Recording of a 90-minute CLE/CPE video webinar with Q&A
This CLE/CPE course will provide trust and estates counsel with a thorough and comprehensive guide to the legal framework and challenges for valuations in estate and gift tax planning. The panel will discuss recent developments impacting valuations in estate planning, valuation discounts for estate and gift tax purposes, fractional interests, promissory notes, and challenges faced by estate planners implementing transfers and other strategies.
Outline
- Contents of 2704 regulations
- Asset structures and valuation pitfalls to avoid
- Structuring transfers and key tax considerations
- Evaluating existing structures for holding family assets
Benefits
The panel will discuss these and other important issues:
- What types of asset transfers are subject to Section 2704 regulations?
- How does the treatment of lapses of voting or liquidation rights impact future transfers of family-owned assets into family limited partnerships or trust vehicles?
- What issues must be considered for valuation discounts in transfers of closely-held businesses into estate planning vehicles?
- What must estate planning attorneys and advisers consider for existing transfers and operating documents to minimize the tax impact of any proposed changes to the regulations?
Faculty
Matthew T. Brown, CPA, JD
Partner
Eisner Advisory Services
Mr. Brown is a Tax Partner in the Private Client Services Group (PCS). With a wealth of accounting, legal, and real... | Read More
Mr. Brown is a Tax Partner in the Private Client Services Group (PCS). With a wealth of accounting, legal, and real estate experience, he provides business advisory and tax planning services for his clients. Mr. Brownt focuses on leading client engagements for individuals, privately held businesses, trusts, and estates. He advises on a wide array of tax matters including business start-up solutions, compensation structures, succession planning, wealth preservation strategies, and tax controversy work.
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Hubert Klein, CPA/ABV, CFF, CFE, CVA, CGMA
Partner
Eisner Advisory Group
Mr. Klein is a Partner in the firm's Forensic, Litigation and Valuation Services Group, where he consults and... | Read More
Mr. Klein is a Partner in the firm's Forensic, Litigation and Valuation Services Group, where he consults and provides services in matters including complex damages, business valuations, due diligence analysis, fraud and forensic investigations, matrimonial proceedings, lost profit calculations, shareholder disputes, insurance claims analysis, succession planning, and estate and gift planning. He has served as an agreed upon neutral expert and as an expert witness appointed by judges in the above types of matters and to issue reports for the courts on these cases. Mr. Klein frequently speaks to both business and civic groups on topics such as business valuation, forensic accounting, commercial damages and fraud.
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Chris Van Schooneveld, CPA/ABV, CVA
Director
Eisner Advisory Group
Mr. Van Schooneveld is a Director in the firm. With more than 8 years of experience, he is a well-rounded advisor with... | Read More
Mr. Van Schooneveld is a Director in the firm. With more than 8 years of experience, he is a well-rounded advisor with many areas of expertise and specializes in business and intellectual property valuations for estate and gift taxes, transactions, purchase price allocations and litigation matters. In addition, Mr. Van Schooneveld also provides litigation support and aids the firm’s audit practice with fair value measurements for financial reporting.
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