Estate Planning (652)

General Description:

Participants will learn in detail the foundational principles for structuring contemporary estate plans using modern estate planning theories. The course provides an extensive review of the planning process, including applicable tax considerations, issues of blended and nontraditional families, planning pitfalls, strategies to mitigate litigation, options for flexibility, and an introduction to basic asset protection concepts.

Learning Objectives:

After completing this course the participant will be able to:

• Describe the pros and cons of different foundational estate plans as related to small, mid-size, or large estates and tax law changes beginning in 2013.
• Apply modern estate planning concepts to traditional families, blended families, and nontraditional families.
• Explain the step-up in basis, marital deduction, and tax consequences (including income tax, gift/death tax, and generation-skipping transfer tax) of planning choices inside or collateral to an estate plan.
• Analyze when and how to use portability for a deceased spouse's unused exemption amount.
• Compare strategies for flexibility in an estate plan.
• Identify common planning oversights and pitfalls, including common law marriage claims.
• Use asset integration to maintain the integrity of the estate plan.
• Explain various planning options to achieve asset protection.

Instructors:

Samantha M. White holds the position of counsel with BakerHostetler in Denver, where she practices in the area of private wealth and tax planning. Named a Colorado Super Lawyer "Rising Star" in Tax Law (2012-2015), she is a contributing author to chapters on wills and estates in Colorado Methods of Practice and co-author of "Allocating Estate and Generation-Skipping Transfer Taxes" in the Colorado Estate Planning Handbook. She earned her J.D. and LL.M. in Taxation at the University of Denver.

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