Cannon Estate Planning Teleconference: Mathematics and Economics of Estate Planning

With the almost certainly impending sunset of many of the provisions enacted as part of the 2017 Tax Act, high net worth individuals and families should be considering sale, gift or loan transactions currently or in the immediate future. To distinguish ourselves and make clients comfortable with our recommendations, we need to have a thorough understanding of how to calculate the potential benefits of any proposed transaction and convincingly explain our recommendations to clients. The following scenarios will be discussed during this webinar:

• Taking advantage of the historically high (for now) basic exclusion amount, including the benefits of portability
• The importance of life expectancy in determining the appropriate transaction
• Analysis of the benefit of a grantor’s paying the income tax incurred by a grantor trust
• Taking into consideration basis step-up when analyzing gifting alternatives

Light snacks will be served beginning at 12:45 p.m. The teleconference is from 1-2:30 p.m. and is held onsite at The Trust Company of Tennessee.