Interesting and Irritating Income Tax Pitfalls in Estate Planning (from Annual Advanced Estate Planning and Administration 2022)

A pre-recorded streaming VIDEO replay of one session from the May 2022 live seminar, The Conner-Zaritsky 43rd Annual Advanced Estate Planning and Administration Seminar.

Cosponsored with the Wills, Trusts and Estates Section of The Virginia Bar Association

Organizing an estate plan so assets can arrive at their intended destination without being confiscated by either transfer taxes or income taxes can be quite the chore. We discuss some income tax ideas that estate planners should consider for retaining, obtaining, and sustaining income tax basis, and other ideas designed to prevent income tax encroachment on successful transfer tax planning strategies. The session includes some “can you do that?” questions, and some ideas that might become necessary to continue successful estate planning if the 2021 anti-grantor trust planning legislative proposals resurface.