The Financial Planner's Income Tax Playbook (Preconference Workshop with Sam Donaldson)

As much as ever, modern estate planning is about planning for the federal income tax. Financial planners must have a good handle on applicable federal income tax laws. This session reviews planning opportunities and the hidden traps that crop up frequently in contemporary estate planning. Specific topics to be covered include the preferential rates for capital gains, applicable basis rules, the tax treatment of life insurance, installment sale transactions, and recent developments in the field.

Learning Objectives:
• Discover how to identify when federal income tax issues arise in advising clients
• Understand how to explain applicable federal income tax laws to clients
• Explore how to advise clients on techniques for minimizing federal income tax liability in a manner consistent with the clients' stated objectives