CLE on Estate Planning with Family Entities in the Powell Aftermath: Risks and Practical Guidelines

American Law Institute CLE (ALI CLE) and The American College of Trust and Estate Counsel (ACTEC) are holding a conference entitled: Estate Planning with Family Entities in the Powell Aftermath: Risks and Practical Guidelines, which will take place on Wednesday, January 10, 2017, via telephone seminar and audio webcast. Provided below is a description of the event:

Why You Should Attend

The May 2017 ruling in Estate of Powell v. Commissioner may be the most important family partnership case to be decided by the Tax Court in recent years. Invest just 90 minutes of your day to learn about the key components of the case and the requirements for avoiding estate tax inclusion (or double inclusion!) of gifted interests in family entities. If you are an estate planner representing family entities, attend this program to ensure your clients are complying with the dictates set forth by this decision.

What You Will Learn

The faculty, all Fellows of The American College of Trust and Estate Counsel and highly-experienced practitioners, will:

explain the key factors from the Powell case that resulted in the IRS victory

discuss the risks in estate tax planning with family entities that are increased due to Powell and the steps that can be taken to minimize or eliminate the risks

examine the applicable principles from the Byrum case and insights from the particular circumstances in Powell

Who Should Attend

Any estate planner who advises family entities will benefit from listening to this webcast jointly offered by the American Law Institute CLE and ACTEC.