Program updates relating to your area of practice.
MCLE: 1 hour
This seminar was recorded May 17, 2022.
Generation-Skipping Tax allocation, out-of-order deaths and common pitfalls: Understanding the instructions to Schedule R that you always skip over.
Alex Hemmelgam, LLM, Esq., provides a brief history of the Generation Skipping Transfer (GST) Tax regime, manual and automatic allocations, taxable terminations, direct skips, indirect skips and trust planning, issues with out-of-order deaths, as well as common mistakes (including issues with ILITs that began before automatic allocation in 2003, so they have an inclusion ration greater than 0), and the desired changes to the GST in the 2022 Green Book
Program materials included. Speaker: Alex Hemmelgam, LLM, Esq. This seminar was recorded May 17, 2022. MCLE credit expires on May 17, 2027. MCLE Credit: 1 hour
San Fernando Valley Bar Association (#451)
Pasadena Bar Association (#531)