Blogging from Heckerling

On January 14, over 3,000 estate planners convened in Orlando, Florida at the 53rd Annual Heckerling Institute on Estate Planning. The Heckerling Institute is the leading educational conference for all members of estate planning teams, including attorneys, trust officers, accountants, charitable giving professionals, insurance advisors, elder law specialists, wealth management professionals, educators and nonprofit advisors. The Institute offers practical guidance on today’s most important tax and non-tax planning issues, including the planning challenges and opportunities presented by the Tax Cuts and Jobs Act of 2017. New for this year is a focus on planning for today’s redefined and evolving families.

Blogs January 29, 2019 Structuring the Tax Consequences of Marriage and Divorce After the Tax Cuts and Jobs Act (TCJA)

Carlyn S. McCaffrey, Linda J. Ravdin and Scott L. Rubin discussed marriage and divorce in the current environment after the Tax Cuts and Jobs Act (TCJA) and addressed selected issues relating to both tax and non-tax planning for divorce.

Blogs January 21, 2019 Having Your Cake and Eating It Too

The 53rd Annual Heckerling Institute focused on estate and income tax planning techniques for modestly wealthy clients, and a questionnaire designed to identify individuals that are candidates to make current gifts of their basic exclusions.

Blogs January 18, 2019 Make Your Charitable Estate Plan Great Again

Christopher R. Hoyt from the University of Missouri School of Law presented three charitable planning techniques with retirement accounts - The Charitable IRA Rollover, Income Tax Deductions for Charitable Bequests and Income-based Charitable Bequest…

Blogs January 18, 2019 Recent Developments 2018

The Heckerling Institute held its annual discussion of prior year recent developments, which was presented by Steve R. Akers, Samuel A. Donaldson and Amy K. Kanyuk. This is a summary of some of the highlights of that presentation.

Blogs January 17, 2019 Getting the 411 on IRC 199A: Just the Facts, Ma’am

Melissa J. Willms of Davis & Willms, PLLC discussed the basics of Section 199A and how to apply this new section of the Code to the world of trust and estates and ho it may be treated as an individual and qualify for the Section 199A deduction.

Blogs January 16, 2019 Qualified Small Business Stock: The Next Big Bang

Qualified Small Business Stock (QSBS) has matured over the 25 years since enactment to go from offering minimal tax savings to now offering a 100% tax exclusion for stock acquired after September 27, 2009, now achieving significant tax savings.

Blogs January 16, 2019 Basis After the 2017 Tax Act—Important Before; Crucial Now

The Tax Cuts and Jobs Act changed both estate planning and income tax rules so that community property gets a full step-up in basis at the death of the first spouse, even though the surviving spouse’s property is not included.

Blogs December 12, 2018 TCJA is the Gift That Keeps on Giving for Wealth Planning – at least until 2026

The wealth planning landscape one year after the enactment of the 2017 Tax Cuts and Jobs Act (TCJA) continues to offer opportunities with the gift and estate tax exclusion and generation-skipping transfer tax (GST) exemption.

Blogs February 02, 2018 Blogging from Heckerling: Post Eight

Martin Hall introduced his session with the observation that most donors use a private foundation in order to accomplish their philanthropic objectives. But a private foundation is not the only option—and it may not be the most appropriate.