For decades, estate tax planning revolved around the avoidance of general powers of appointment, retained interests, and powers which could cause the estate tax applicable credit to be wasted.
However, the incidence of estate tax has dramatically waned in the last two decades, through a twenty-fold increase in the estate and gift tax basic exclusion amount and the reduction of the highest gift and estate tax rate to 40%.
This presentation will serve as a refresher on some planning and drafting strategies which are often avoided, both during life and post-mortem, in order to assist you with a holistic review of your clients' entire income and transfer tax picture.
Griffin Bridgers, JD., LL.M, is a partner with the law firm of Hutchins and Associates LLC in Denver, Colorado. Griffin specializes in estate and income tax planning for high net worth individuals. Griffin is also a frequent speaker and educator, both online and in person, and he provides tax and estate planning updates through his YouTube channel, his newsletter, and on an individual basis for clients and wealth professionals. Griffin also uses his advanced tax and estate planning knowledge in a non-legal capacity to serve as a market expert and consultant on the delivery of planning services through bespoke digital media.
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