SOUTH BAY ESTATE PLANNING COUNCIL

RSVPs for this event are closed.  Please call Marlowe at 310-375-6300 to see if there are any cancellations.

Unlock the complexities of Qualified Personal Residence Trusts (QPRTs) by diving deep into their historical and legal foundations. This presentation will take you on a journey from the basic principles of property law, epitomized by the "bundle of sticks" concept, through pivotal legal developments like the landmark Supreme Court case Robinette v. Helvering (1943). You'll explore how the common law GRIT paved the way for Congressional intervention with Code Section 2702, leading to the modern-day QPRT. This presentation will provide you with a comprehensive understanding of what QPRTs are and why they can be an effective estate planning strategy for giving away a personal residence or vacation home.
 

About our Speaker

David P. Benedetto, JD LLM has been practicing law for over 26 years. Since 2003, his practice has focused exclusively in the area of trusts and estates, including related litigation. He advises clients regarding tax sensitive estate planning and administration matters and has represented numerous clients before the Internal Revenue Service with respect to gift and estate tax controversies. As a regular part of his practice, Mr. Benedetto deals extensively with the tax compliance associated with the federal estate, gift, and generation-skipping transfer taxes, and is also well-versed with the transfer taxes imposed by several different states. Mr. Benedetto earned his Bachelor of Science in Accounting, magna cum laude, from Syracuse University where he was the recipient of the Horace J. Landry Award (awarded by the accounting faculty for the demonstration of enthusiasm for the profession) and a member of Phi Kappa Phi National Honor Society and Golden Key National Honor Society. Mr. Benedetto earned his law degree from Indiana University Robert H. McKinney School of Law where he was an award recipient of the Francis J. Feeney Award (awarded for demonstrating ability in the area of tax law). Additionally, Mr. Benedetto earned his Master of Laws (LL.M.) from the University of Miami School of Law Graduate Program in Estate Planning. Mr. Benedetto has been certified by The State Bar of California Board of Legal Specialization as a Certified Specialist in Estate Planning, Trust & Probate Law. Mr. Benedetto is currently eligible to practice law in California, Florida, and Ohio, as well as before the United States Tax Court and the United States Court of Federal Claims.

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