Join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.

Today, we will go IN FOCUS where we cover more advanced wealth planning topics.

In this week’s episode, we are joined by Bruce Steiner, Of Counsel at the New York City based law firm Kleinberg Kaplan, Wolff & Cohen. Bruce will discuss the very important topic of "Generation-Skipping Transfer Tax Tricks and Traps.”

This program will discuss how to deal with the generation-skipping transfer tax. It will cover:

- Understanding how the GST exemption works.

- Deciding when to allocate GST exemption to insurance and other trusts.

- The automatic allocation rules.

- Choosing between the estate tax and the GST tax.

- Dealing with the lack of portability for the GST exemption.

- Reverse QTIP elections.

- Moving assets down two or more generations at the cost of only one tax.

- Obtaining private letter rulings allowing late allocations and non-allocations of GST exemption and late reverse QTIP elections.

***UPCOMING LIVE WEBINAR: Thursday, November 14th at 8:30am (EST) featuring Amy O’Hara of the law firm Littman Krooks based in Westchester, NY. Amy will be speaking on the very important topic of “Fundamentals of SSI, SSDI, Medicaid and Medicare Eligibility.”

Register here: https://us02web.zoom.us/webinar/register/WN_7GX0Pk0dSJqer9yyRl1Ryw

Stay connected:

1) Questions? Comments? Media Inquiries? Reach out to [email protected]

2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter

3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 

4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog

Hosted on Acast. See acast.com/privacy for more information.