Wednesday, January 19, 2022
11:30 A.M.-2:00 P.M. CST
Embassy Suites, Olathe
Jeffrey Levine
THE BIDEN TAX PLAN: PROPOSED CHANGES AND PLANNING OPPORTUNITIES
2020 has been an unusual year, to say the least. And as if normal year-end planning, combined with the complexities brought about by a pandemic weren’t enough to deal with on their own, 2020 offered an additional complication….a Presidential election! President Joe Biden has detailed a few substantial changes to the tax code, the focus primarily on individual income tax and investment tax. In this session, attendees will learn about each of the major changes proposed by President Biden, exploring both the new challenges, and planning opportunities, it creates.
ESTATE PLANNING FOR INCOME TAXES: MAXIMIZING STEP-UP IN BASIS FOR COUPLES
Given recent changes in the law, “tax planning” for one’s estate at death has become a lot less about estate tax planning, and far more about the income tax planning opportunities at death… particularly with respect to maximizing available step-up in basis opportunities. With that in mind, attendees of this session will explore topics including how pre-death asset transfers can help maximize step-up in basis, how other types of pre-death transfers can help avoid the potential for a step-down in basis, complications associated with these strategies for clients living in community property states, and the disadvantages of traditional credit shelter trusts that emerge in an estate planning environment driven by income- (rather than estate-)tax planning.
About the Speaker:
Jeffrey Levine is the Lead Financial Planning Nerd for Kitces.com, and is also the President of Fully Vested Advice, Inc., which provides financial education and consulting services to industry professionals.
Jeffrey is also the Chief Planning Officer at Buckingham Wealth Partners and works closely with their team to create a seamless client experience that makes it easy to plan and instill confidence as they work towards their most important goals. He serves as a technical resource for advisors and the firm’s primary thought leader regarding evidence-based planning concepts and strategies. Buckingham allows him to train and educate hundreds of advisors and support them in their pursuit of helping clients fulfill their financial dreams.
He is a nationally-recognized and award-winning thought leader within the financial planning community.
Registration Fees:
Includes two hour of CE and lunch.
Members $29
Non Members $99
Continuing Education:
CFP® - two hours approved
Kansas Insurance - two hours approved