Estate Planning In The Trump Era And The Psychology Of Giving Highlighted At 2017 Estate Planning Seminar
Submitted by: Flash Media Services
2017-10-13 00:01:55
The federal estate tax for years had been in flux until, in 2011, Congress settled at taxing only estates above $5 million. It is once again facing changes as President Trump proposes repealing it altogether.
Seattle-Bellevue-Everett, WA (OPENPRESS) With President Donald Trump proposing the end of the federal estate tax and the state of Washington continuing to tax individual estates over $2.12 million, uncertainty reigns for estate planners. Those attending the 62nd annual Estate Planning Seminar will learn how to navigate these challenges when they meet Nov. 9-10, 2017.
The federal estate tax for years had been in flux until, in 2011, Congress settled at taxing only estates above $5 million. It is once again facing changes as Trump proposes repealing it altogether. Meanwhile, Washington state residents pay taxes on estates above $2.12 million — regardless of what happens to the federal tax. Those attending the Estate Planning Seminar, sponsored by the Estate Planning Council of Seattle and the University of Washington School of Law, will discuss this and a multitude of other estate planning topics. They include estate planning for unmarried couples, privacy planning in a public world, asset protection strategies, the psychology of giving, post-mortem planning, ethical challenges facing estate planning professionals, and planning with regulated assets, including alcohol, guns and cannabis.
"In conjunction with my co-chair, Mr. Scott Wallace of Perkins Coie, and Heather Alhadeff of the UW Law School, I am so proud of the lineup of speakers we have procured for this year's estate seminar. Attendees will learn the most up-to-date estate planning concepts and strategies with respect to our local and federal tax law considerations and changes," said Joe Cervantes, CFP®, CLU®, AEP®, Coldstream Wealth Management and chair of the 62nd Annual Estate Planning Seminar. "The professional accreditation we offer through the seminar attendance is significant, providing for a rich learning experience as well as satisfying needed continuing education. I encourage all professionals who focus in this arena to attend and become part of our esteemed history."
Nearly 1,000 estate planners from Washington state and elsewhere in the country are expected to attend the seminar, which takes place at the Washington State Convention Center, 705 Pike Street, Seattle. The seminar is one of the largest of its kind in the country and attracts top lawyers, accountants, insurance professionals, trust officers, financial planners, and planned giving/development officers for nonprofit organizations.
As Congress debates the future of the nation's tax code, lawmakers will debate the future of the federal estate tax. As a potential repeal goes through the legislative process, estate planners must be cognizant of how it will impact their clients and practice. Ronald D. Aucutt of McGuireWoods LLP in Tysons, Va., and Samuel A. Donaldson of George State University College of Law in Atlanta, will address this topic.
Another hot topic, presented by Seattle lawyer Wendy Goffe, of Stoel Rives LLP, in Seattle, involves how to deal with assets that the state regulates, such as alcohol, guns and cannabis.
The seminar runs from 8 a.m. to 5:25 p.m. Nov. 9 and from 8 a.m. to 5 p.m. Nov. 10. For more information about the Estate Planning Seminar, contact Heather Alhadeff at hla3@uw.edu or 206-616-3361. Register online at http://www.seattleestateplanningseminar.com.
About the Estate Planning Council of Seattle:
Originally founded in the early 1940s and one of the leading estate planning councils in the nation, the Estate Planning Council of Seattle is comprised of King County's top estate planning lawyers, financial planners, certified public accountants, trust officers and insurance agents. The council aims to promote the highest quality estate planning services in the Pacific Northwest by developing and improving the capabilities of its members, fostering cooperation among professionals, and by educating the public about estate planning matters. New members are welcome. Membership includes colleagues to network with at quarterly dinner meetings, helpful information about specific fields of expertise, and a welcoming organization that values high quality estate planning to help members of the community. For more information go to http://www.epcseattle.org.
About the University of Washington School of Law Graduate Program in Taxation:
The University of Washington graduate program in taxation provides a rigorous study of tax law leading to the degree of Master of Laws (LL.M.) in Taxation. The UW School of Law is a highly-ranked law school in one of the premier research universities in the world, enabling the Tax LL.M. to draw faculty from a dynamic legal community. Courses are taught by nationally-recognized scholars and leading practitioners in their area of specialty who bring cutting-edge practice experience to the classroom. For more information go to https://www.law.washington.edu/apply/llm/tax
