AICPA Engage 2024 Conference: Estate Planning for the 99%

This session will focus on planning for owners of estates under $13 million and why it is still important to plan.  We will cover planning techniques, how and when to elect portability, filing the decedent’s final tax return and the estate’s fiduciary return, along with various post-mortem elections.  We will also cover planning when the decedent is a shareholder in an S corp. or partner in a partnership at the time of death.

Learning Objectives:

• Why estate planning is still important for our clients with less than $13 million
• How and when to make the portability election as opposed to conventional credit shelter planning
• Understanding the numerous post-mortem fiduciary, administrative and tax elections available for the modest estate owner when filing for portability along with the decedent’s final income tax return and the estate’s income tax return.