Alameda County Bar Association

03/28/2019 / 12:00 PM - 01:30 PM

Parties to a trust or estate dispute may resolve their differences through a settlement agreement instead of by proceeding to a final judgment on the merits. If pursuant to that agreement a property right or interest is modified or transferred, a lawyer who fails to consider the tax consequences from the beginning of the dispute risks creating an unanticipated tax exposure for his or her client.

This program will assist lawyers with identifying the relevant tax exposures; assessing the true after-tax value of a disputed claim; leveraging such knowledge to pursue a settlement strategy beneficial to the client; and reaching a settlement agreement that will not be challenged by the IRS. We focus on the taxes that, in our experience, most likely will appear in a trust or estate dispute: federal and California state income tax; California real property tax; and federal transfer taxes, i.e., the gift tax, estate tax, and generation-skipping transfer tax.

https://acba.intouchondemand.com/eventreg/eventreg?eventid=12502&mobileapp=0