Everything You Always Wanted To Know About The Generation-Skipping Tax — 1.5 Texas Self‐Study General Credits

This 1.6-hour September 24, 2007 presentation provides you with a clear, understandable explanation of the Federal Generation-Skipping (GST) Transfer Tax. Jon J. Gallo, Esq., a partner in the Los Angeles law firm of Greenberg Glusker Fields Claman & Machtinger LLP, discusses important provisions of the 2001 Tax Act, significant Final Regulations and other recent developments, which make this subject more important than ever.

Topics include:

Typical Irrevocable Trust

Typical Generation-Skipping Trust

Special Considerations

The Three Questions

• transferor

• transferee

• type of transfers

Skip Persons

Predeceased Ancestor Exception

Calculating And Paying The Tax

• exemption

• inclusion ratio

• raising the exemption

• how to allocate

GST Problems With Crummey Clauses

• lapses and releases

• avoid releases in irrevocable life insurance trusts

• how to solve

FORMS: For fully-editable downloadable forms in many categories, please go to www.NLFforms.com.

BOOKS FOR LAWYERS: Over 40 useful books on important legal issues facing attorneys are now available for immediate download at www.NLFforms.com. (Reading books without also listening to or viewing a recorded seminar earns NO CLE credits.)

If you need credits in multiple states you MUST click here before placing your order for important information.

Price: $32.00

Course approved for these credits (and Expiration Dates When Applicable):
If you need credits in multiple states you MUST click here
before placing your order for important information.

AK — 1.5 General Credits
AZ — 1.5 General Credits
CA — 1.5 General Credits
CO — 2 General Credits, Expires 12/31/11
FL — 2 General Credits, Course #61109, Expires 1/23/11
MO — 2 General Credits
MT — 1.5 General Credits
NM — 1.6 General Credits, taped 9/24/07
OH — 1.75 General Credits, (attorneys seeking OH credit must place their order from the Ohio page)
PA — 1.5 General Credits, (attorneys seeking PA credit must place their order from the Pennsylvania page)
TX — 1.5 Self-Study General Credits (Sold as a self-study course through 7/14/2010. Not eligible for Texas credit after 7/14/2010.)
WA — 1.5 General Credits, Activity ID #190830
WV — 2 General Credits

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Call (302) 656-4757

Offline Study Alternative

Many states also permit CLE credits to be earned by study of email delivery, audio CD, and flash drive courses. For these offline study options and to Share and Save go to www.NLFcle.com.

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