Portability - A Primer On How It Works and How It Impacts Traditional Estate Planning
Additional Information:
Whether you dabble in estate planning or devote your practice to it, you won’t want to miss this session on estate tax “portability.” The American Taxpayer Relief Act of 2012 made portability permanent. As a result, with proper planning, the first spouse to die can port or transfer their federal estate exemptions to their surviving spouse. While this may sound great, the actual decision about whether or not to elect portability can be very complex. At this session, you will learn: • Brief history: What is the purpose of portability? • Mechanics: the Who, How, When, and How Much of the Portability Election • What Is Not Portable and Why This Matters In Rhode Island • Special Rules • When the Election Makes Sense • Risk of Making the Election In Second Marriage Situations • Income Tax Issues to Consider • Where Does Portability Leave Traditional Estate Planning?

Event Date: 11/7/2013
Event Time: 2:00 PM - 5:00 PM
Rhode Island Law Center, 115 Cedar St., Providence

Event Cost:
  Member $145.00
  New Lawyer Division $130.00
  Associate Member $130.00

Credit Hours:
  Ethics 0.5 hrs
  General 2.5 hrs