Mobile Edition

The Portable Exclusion, Marital Deduction and Future of Survivor's and Bypass Trusts Planning (4172918E)

Date:Tuesday, January 30, 2018
Time:9:30 AM - 5:00 PM
(Registration at 9:00 AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Technical Business
Instructor: Randy Gardner
Vendor:California CPA Education Foundation
Course Level:Basic
Early Bird Price:$245.00 FICPA Members, $365.00 Non-Members


Now more than ever, clients need to simultaneously address the estate, gift, generation-skipping, income and property tax implications of estate plans. Take an in-depth look at the advantages and disadvantages of relying on the portable exclusion to avoid estate tax. Further, examine the role of the marital deduction and find ways to maximize planning opportunities by building flexibility into the modern estate plan. Cover the qualitative and quantitative implications of various strategies as they apply to common scenarios including the traditional family, blended families, same-sex marriages and remarriages.

  • Identify recent estate planning developments and strategies.
  • Determine how to properly apply recent tax and legal developments.
  • Recognize how to claim the portable exclusion at the first and second deaths, what happens if the surviving spouse remarries and what happens when the next spouse dies.
  • Identify the pros and cons of “B” (Bypass) trusts.
  • Recognize the trend toward “A” (Survivor's)/”C” (QTIP) trusts planning, leaving out “B” (Bypass) Trusts and when it is appropriate.

Major Topics:
  • Interplay of the estate, gift, generation-skipping, income and property taxes.
  • Portable exclusion.
  • Marital deduction planning: rules for and reasons to use Survivor’s and QTIP trusts.
  • “B” (Bypass) trusts.
  • “A” (Survivor’s)/”C” (QTIP) trusts planning.
  • The new IRC Sec. 6035 reporting basis to the beneficiaries legislation and when the Form 8971 must be submitted.

Who Should Attend:

CPAs, attorneys, financial advisers, insurance advisers, trust officers, paralegals and others who provide estate planning advice.


Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.