Vital Estate Planning Topics — 3.25 Washington General Credits

This 3.3-hour February 20, 2007 presentation by Steven G. Siegel gives you a practical and useful explanation of the most important topics in estate planning today.

Mr. Siegel, president of The Siegel Group, a national consulting firm based in Morristown, NJ, discusses these important subjects:

• Ongoing Need For Flexible Planning Solutions

- title of assets; disclaimers; contingent QTIP trusts; joint revocable trusts; "poorer spouse's funding technique"; preserving IRA spousal rollovers

• Dealing With State Death Taxes

- what states have done; techniques to avoid state death taxes

• FLPs And LLCs

- IRS attacks; advising clients

• Penalties On Taxpayers And Appraisers For Valuation Misstatements Are Increased

• IRS Changes The Rules For Private Annuities

- Proposed Regs issued October 18, 2006; effective date issues; planning under the new Regs

• New Rules And Rulings Affect Retirement Plan Distributions

- 2006 Pension Protection Act allows accounts for nonspousal beneficiaries; Notice 2007-7 issued January 10, 2007; February 13, 2007 IRS Guidance; IRAs payable to trusts: the separate share issue; using retirement plan trusts and QTIP assets

• Snapshots Of Several Current Hot Topics

- aggregation of decedent's interests to create a control premium ; "care" as an ascertainable standard; spouses can get a special IRA rollover break; planning opportunities with the "Intentionally Defective Grantor Trust"