Michael Best’s Wealth Planning Associate Joseph Bukowski will be presenting a live webinar for the National Business Institute, titled “Generation-Skipping Transfers and Form 709,” on Thursday, December 3, 2020. Attorneys, Accountants, Estate Planners, Fiduciaries, and Paralegals will all benefit from this program, as generation-skipping transfer tax is one of the essential limiting factors in transferring wealth to grandchildren. While it's treated much like the Federal estate and gift tax, there're some significant differences. This quick legal guide offers a solid foundation of the rules, exemptions and tactics involved in helping clients plan for the generations beyond the very next. Additionally, this program will:
- Identify skip and non-skip persons.
- Clarify what transactions constitute a skip.
- Review Form 709 and find out when and how to file it.
- Discuss common scenarios of GST planning and determine the best course of action in each.
To learn more and to register, click here.