Content Provider
Shenkmanlogo

Middle zen receiptbank
Self-Study CPE
§199A FINAL REGULATIONS FINALLY DROP: CHOICES, CHOICES – WHICH WAY TO GO?
View Details/Register
§199A SMALL BUSINESS DEDUCTION OVERVIEW: STATUTORY FRAMEWORK & PLANNING STRATEGY
View Details/Register
INTRODUCTION TO PROCONNECT TAX ONLINE: LIVE DEMO
View Details/Register
TAX REFORM: OVERVIEW
View Details/Register
TAX REFORM AND PASS THROUGH ENTITIES §199A: PLANNING FOR PROFESSIONAL PRACTICE
View Details/Register
2019 TAX SEASON CHAOS: DISCLOSURE? DON'T FILE AN UNCERTAIN TAX RETURN WITHOUT IT
View Details/Register
QUALIFIED OPPORTUNITY ZONES: BRAND NEW PROPOSED REGULATIONS ROUND 2
View Details/Register
2020 ANNUAL FEDERAL TAX SEASON UPDATE
View Details/Register
PRESERVING YOUR CHALLENGES UNDER THE ADMINISTRATIVE PROCEDURES ACT
View Details/Register
KEYNOTE ADDRESS: OFFICE OF THE TAXPAYER ADVOCATE - 20 YEARS LATER
View Details/Register
Free cpe webinars
Planning Before the 2020 Election: What Every CPA Should Know to Advise Clients

PLANNING BEFORE THE 2020 ELECTION: WHAT EVERY CPA SHOULD KNOW TO ADVISE CLIENTS

Cost Free
CPE Credits 1.0 hour
CE Credits 0.0 hours
Subject Area Taxes
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

The result of the 2020 election can’t be known but if the Democrats gain sufficient control in Washington they may enact the estate tax proposals that seem to have become part of the Democratic Party platform. This might take the lines of the estate tax legislation Sanders introduced into the Senate and which Gomez introduced into the house. Most clients, even those of moderate wealth, should be educated about what this might mean and planning they might consider before the election.

Consider what a $1 million (from the current $11.58 million) exemption would do to planning? Physicians and other clients worried about asset protection planning could lose much of the ability to protect assets. A $3.5 million gift exemption could make many of your clients who have been ignoring estate planning subject to harsh estate taxes. A $20,000 cap on total annual gifts could prevent many clients from funding common life insurance trusts. There are lots of practical planning ideas you should be discussing with clients now. This webinar will review the potential changes as well as planning you should be discussing with clients NOW!

Learning Objectives:


  • Explain what the various Democratic proposals to change the estate tax system include.

  • Discuss how practitioners can educate clients about the possible changes.

  • Teach planning steps practitioners might consider for their clients now.

  • Explain the importance of asset protection planning under the new estate tax regime.

Martin Shenkman

Shenkman Law
Dual Practitioner, Financial Planner
shenkman@shenkmanlaw.com
(201) 845-8400

Shenkmanlogo

Martin M. Shenkman, CPA, MBA, PFS, AEP (distinguished), JD, is an attorney in private practice in Fort Lee, New Jersey and New York City, New York with Shenkman Law. His practice focuses on estate and tax planning as well as planning for closely held businesses and estate administration. Over the course of his career, Mr. Shenkman received awards and acknowledgements from the New Jersey Bar Association, Worth Magazine, CPA Magazine, the American Cancer Society, and the AICPA. Mr. Shenkman holds a Bachelor of Science from the Wharton School at the University of Pennsylvania, MBA from the University of Michigan, Law degree from Fordham University School of Law and is admitted to the bar in New York, New Jersey, and Washington D.C.

Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Shenkmanlogo
Shenkman Law is a boutique firm focused on the legal needs of high-net-worth individuals, professionals, close business owners, and real estate owners and developers. They provide creative legal solutions to help clients meet complex or seemingly contradictory personal, business, financial, and tax goals, and pride themselves on treating clients with thoughtful care—just like members of our own families.