Impact on Estate & Succession Planning Under the Trump Administration
Estate and succession planning are key to multi-generational client representation, and tax practitioners who become involved in this area raise their level of service to a new and productive level.
With the incoming Trump Administration and a Republican-controlled Congress, substantive tax legislation on income and estate tax issues is expected to be considered and likely become law in 2017. CPAs, EAs and other tax practitioners must consider possible legislation in planning for 2017 and beyond to ensure their clients properly and completely take advantage of entities and techniques that contribute to wealth preservation, management and succession.
Whether the Federal estate tax is repealed is an open question; however, either way, estate and succession planning must take into account possible new tax laws when planning for family business, investment and personal assets.
The CPA and EA have a key role in helping clients understand the interplay of family goals and tax issues and alternatives as an integral part of estate and succession planning.
This session, by expert speaker Owen G. Fiore, JD, will focus on potential 2017 tax law changes and how they will impact your clients. Learn why you must know what may be coming in 2017! From attendance at this session, you will be in the position of providing key and current ideas for tax planning to your clients, thereby enhancing your position as a trusted advisor with them.
In this session by expert speaker Owen G. Fiore, JD, you will learn how to:
Understand and evaluate tax law and regulatory proposals, taking into account the Federal legislative process.
Obtain and review, for clients, tax legislative proposals and arguments for and against such proposals.
Apply potential tax law changes to your clients’ estate and succession plans as well as to business and investment planning.
Relate proposed law and regulatory changes to your clients’ business and investment entities, trusts and intra-family transactions.
Fully document intra-family transactions and tax plans so as to minimize challenge by the IRS.
This session will provide tax practitioners with new knowledge on considering tax law and regulatory changes that could impact adversely existing planning as well as restrict future moves to ensure wealth preservation within the family, especially one that runs a family-owned business or investment enterprise.
Owen’s explanatory power point slides, accompanied by a detailed outline and practice aids will assist tax practitioners in their client representation, and will provide key information on tax planning benefitting clients. In this way, tax practitioners will be better able to advise clients in a proactive manner.
Owen G. Fiore, JD, is an outstanding and experienced tax educator, having presented seminars and courses for over 35 years to CPAs, Enrolled Agents, Financial Planners and attorneys, as well as to CEOs of business organizations, such as the Young President’s Organization (YPO). His presentatio...
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