What Should a Married Couple's Estate Plan Be Post 2017?

What Should a Married Couple's Estate Plan Be Post 2017?

What Should a Married Couple's Estate Plan Be Post 2017?

April 4, 2019 • 12:45pm-3:00pm • Two City Center, 3rd Floor Portland

 

Recent years have seen a historical change in the way planners should approach fundamental estate planning practices. The federal estate tax is increasingly an issue for only a very small part of the population, and it is much easier to avoid the tax with a minimum of planning. But many face uncertainty as to whether they are truly free of the tax or only in the midst of a 7 year increase in the applicable exclusion amount of $10 million indexed for inflation through 2025.
Current best practices in estate planning under the current laws will be examined.

Discussion Highlights:

  • The increased application exclusion and enactment of portability
  • Changes in marital planning for married couples
  • Factors to considering using portability versus traditional A/B planning
  • Impact of state death taxes
  • Disruption caused by maximum exclusion type formulas
  • Ways to preserve the option of obtaining a step up in income tax basis

Portland Trust Company is pleased to offer Continuing Education opportunities featuring tenured professionals from the American Bankers Association Trust Schools.

Speakers:

Thomas W. Abendroth, Partner, Schiff Hardin LLP

Charles “Skip” D. Fox IV, Partner, McGuireWoods LLP

“Recent Developments in Estate and Trust Administration” has been approved for:
2.5 CTFA credits                                                                                                                                                                                                                                                                                                                                  2.0 CPE credits for CPAs (Taxes)
2.0 Maine CLE credits

RSVP amelia.kurtz@portlandtrust.com or 558-6222