Asset Rich, Cash Poor: Planning for the Illiquid Estate 2024 | American Bankers Association (ABA) | 5 June 2024 | Webinar
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Thu Jun 6 UTC (6 months ago)
In your timezone (EST): Wed Jun 5 8:00pm - Wed Jun 5 8:00pm |
| Location | Webinar |
| Region | All |
Details
Explore the planning challenges for individuals with significant wealth but few liquid assets. The estate tax is due nine months after the date of death, and the federal government generally accepts cash only. The speakers in this session will discuss the techniques and election options to address this challenge.
Discussion Highlights
• Valuation rules and opportunities
• Alternate valuation and special use valuation
• Charitable planning with business interests
• Buy-sell agreements and the use of life insurance
• Section 303 redemptions
• Deferral of estate tax payment under Section 6166
• Loans to facilitate payment of estate tax, and rules on deductibility of interest
• Lifetime steps for transferring property and structuring entities to facilitate use of special rules available at death
Audience
• Wealth management professionals: advisors, managers, officers
• Trust professionals: managers, advisors, officers
• Estate planning professionals
• Private bankers
• Tax and financial professionals
Speakers
2024 Speakers
Thomas W. Abendroth
ArentFox Schiff LLP
Stephen W. Murphy
McGuireWoods LLP