Speaker: Bruce Givner
Topic: Capital Gains Tax Planning In A World Without Estate Tax
Even if the federal government repeals the estate tax, there will be plenty of planning with which to help our clients. The question will be how to reduce, defer or eliminate capital gains tax on the sale of appreciated assets by the heirs. This information is important, of course, even if the estate tax is retained.
We won’t talk much about 1031 exchanges and charitable remainder trusts because there is already more than enough information about them available. But how many of you have worked with a two plus year sale to a children’s trust? Are you aware of the $5,000,000 per person limit on installment sales? Do you know how to use a family limited partnership to avoid the IRC Section 453(e) restriction on related party installment sales? Have you worked with a Nevada non-grantor trust? What about a Monetized Installment Sale?
ABOUT OUR SPEAKER
Our speaker has been cited as a “tax expert” by the U.S. Tax Court, the California Court of Appeals, the Wall Street Journal, the New York Times and Forbes. He is rated as a California “SuperLawyer” and has had a Martindale-Hubbell AV – Pre-eminent Peer Review Rating for 33 years.
Bruce has written three books on estate tax planning and one on community property for the California CPA Society and two on estate planning for the AICPA; he has co-authored 9 chapters in two treatises for CEB; and has had over 100 articles published in professional journals. Bruce submitted an amicus brief to the U.S. Supreme Court on the economic substance doctrine in support of Wells Fargo.