Capital Gains at Death and Gift

Capital Gains at Death and Gift

Regular price $129.00

Senator Christopher Van Hollen and Representative Bill Pascrell have both introduced bills to repeal the step-up in basis and create a gain realization at death and gift. President Biden supports a similar framework as outlined in the Green Book and elsewhere.

In this fast-paced class, Robert S. Keebler, CPA/PFS, MST, AEP, (Distinguished) will address the proposals, including key draft statutes and planning ideas.

This is must-know knowledge heading into the back-half of 2021. It’s likely there will only be a few months to modify estate plans. Failing to get ahead, may mean your clients will be left behind.

Learning Objectives:

  • How gains will be recognized at death
  • What gains will be realized upon gifting Identify the exemptions and exceptions for gifts made during life as well as after death
  • Define the $1,000,000 exemption
  • Discuss the primary residence exception
  • Discuss the spousal exception
  • Planning to mitigate the 39.6% rate
  • Discuss how gifts to grantor trusts are treated
  • Discuss how the Van Hollen and the Pascrell bills interact with the anti-grantor trust provisions of the Sanders legislation
  • Discuss the proposed periodic forced recognition event for property long-held in trust
  • Identify the 15-year payment option at death
  • Risk of making or failing to make large gifts in 2021

Presented by: Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished)

CLE: 1.0 general credit

Approved States: AR, CA, NJ, NV, NY, OK, PA, VT

(AK, AZ, CT, MO, ND, NH & TX eligible to claim credit)

We will supply you with the information needed to self-apply in other states.

Contact for CLE assistance. 

WealthCounsel members: This CLE eligible program is complimentary for WealthCounsel members.  Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.

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