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DTSTART:20160914T003000Z
DTEND:20160914T023000Z
LOCATION:Hemmingson Center - Gonzage University
UID:1358920160914T003000ZThe Practical Implications of the Regulations Restricting Valuations Discounts for Estate and Gift Tax Purposes
DTSTAMP:20260410T084949Z
DESCRIPTION:\nTHOMAS M. CULBERTSON is a principal in the Spokane office of Lukins & Annis, PS,practicing in both Washington and Idaho. He received his B.A. from PrincetonUniversity (1971), his J.D. from the University of Hawaii (1977), and his LL.M. in Taxation from the University of Denver (1990). He is a fellow in the American College of Trust and Estate Counsel, a past chair of the Real Property, Probate & Trust Section of the WSBA, past executive committee member of the Taxation Section, and past chair and current member of that section’s Estate & Gift Tax Committee. Mr. Culbertson has served as a member of numerous WSBA task forces dealing with such things as the Uniform Tax Apportionment Act, the Uniform Trust Code, the Uniform Principal and Income Act, and state administrative rules concerning state QTIP elections, and recent legislation regarding directed trusts and trustee delegation. He is also co-editor in chief of the WSBA Estate Planning, Probate and Trust Administration Deskbook scheduled to be published in 2017.\n \nProgram Description:  Continuing Education Credits\n \nThe 2016 Proposed regulations related to section 2704 may affect certain valuation discounts used by planners helping their clients discount LLC interests among other situations.  This program will discuss:\n ï¼   Proposed Regulations: When will they be effective? What do they purport to limit? Existing judicial or regulatory limitations on proposal? How is this different than current law?  ï¼    Validity and historic justification of valuation discounts. ï¼    Planning considerations. Documentation?  Accelerated transfers? ï¼    Impact on valuation professionals and appraisal documentation?  \n \n \nContinuing Education Credits have been applied for MCLE, CFP and Insurance. MCLE & CFP are both approved for 1 credit hour.  \n \n Insurance Credit will not be approved for this meeting\n
SUMMARY:The Practical Implications of the Regulations Restricting Valuations Discounts for Estate and Gift Tax Purposes - Spokane Estate Planning Council 
PRIORITY:3
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DESCRIPTION:Reminder
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