The COVID-19 crisis provides a perfect storm for dynamic and valuable talks, financial, and estate planning situations.

Spectacularly low-interest rates, high mortality risks for older clients, and the possibility of taking substantial discounts with respect to the value of privately held businesses and real estate will allow for dramatically effective estate tax planning for our best clients.
                                
In addition, assets placed into properly structured trusts that can alleviate the estate tax concerns, if and when the estate tax exemption is reduced to one-half of its value in 2026, or before then, make perfect sense now, especially for families who have leveraged situations that could possibly turn negative if a rough recession follows the virus freeze.

This 60-minute presentation will provide planners with conversation points, charts, planning ideas, and established strategies, which include the following:

• Making LLCs and other entities more bullet-proof from possible IRS challenges


• Establishing or further funding trusts which can escape estate taxation, and have advantages for creditor protection planning


•  A review of the installment sale to a defective grantor trust, and what interest rates can be used


• How self-canceling installment notes, private annuities and the SCGRAT can work for a wealthy individual with health challenges to avoid tens of millions of dollars of the estate tax


• How to counsel a client whose company or professional practice may be insolvent


• Income tax planning for individuals who will have a lower income in 2020