UNDERSTANDING ESTATE AND GIFT TAXATION – 2023
On Demand Seminar
ITEM #:  1745572401   |   EVENT CODE:  490879
STANDARD PRICE
$295.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

ONLINE

Available 24/7

To claim CLE credit, view by:  September 17, 2025

Through December 31, 2023, Minnesota-licensed attorneys can satisfy continuing legal education requirements by viewing and reporting up to 30 credits of on demand programming. Effective the first reporting period after January 1, 2024, there is no limit. Depending on the jurisdiction in which you practice, you may or may not be able to claim credit for viewing this on demand seminar. Please check with your licensing agency for accreditation information.

Understanding Estate and Gift Taxation – 2023

Learn the estate and gift tax rules and developments that drive planning strategies for your clients’ transfer of wealth across generations.

Originally presented:  September 18, 2023     |     Course length:  6.25 hours


Our expert faculty will explain:

  • The Federal Gift Tax and How It Works
  • What You Need to Know about the Federal and Minnesota Estate Taxes
  • Portability and Use of the Deceased Spousal Unused Exclusion Election
  • The Generation-Skipping Transfer Tax, Including Its Application to Transfers Within and Outside of a Trust
  • The Interplay of Transfer Taxes and Income Taxes, and Their Impact on Your Clients’ Estate Plans
  • The Latest in Planning Strategies and Techniques
  • And Much More!

WELCOME & ANNOUNCEMENTS  (5 MINUTES)

Overview of Estate and Gift Taxes  (10 MINUTES)
– Daniel R. Donovan

Understanding Federal Gift Taxation  (50 MINUTES)
Knowledge of the federal gift tax is essential to advise clients on their estate plans. Learn what it is and how it works, what transactions are subject to the tax, its compliance and reporting requirements and how to identify planning opportunities.
– James T. McNary

What You Need to Know about Federal and Minnesota Estate Taxation  (80 MINUTES)
Estate taxes still have a significant impact on client estates, even while current federal exemptions are high. And it’s not just the feds! The Minnesota estate tax also comes into play, even for smaller estates. Hear how to advise your clients to reduce their over-all estate taxes.
– Beth Abraham & Michael P. Sampson

How to Advise the Surviving Spouse on Portability and Other Issues  (45 MINUTES)
A surviving spouse may face many hard questions. One is whether to file the deceased spousal unused exclusion election. Get insights on this complex question, including an overview of the portability rules and an explanation of how it may work differently in community property states (like Wisconsin).
– Alison J. Midden

A Hop, Skip and a Jump – A Primer on the Generation-Skipping Transfer (GST) Tax  (45 MINUTES)
The generation-skipping transfer is an important estate planning tool, and understanding the GST tax is essential. Learn what it is, its exclusions and exemptions, its reporting requirements and its many nuances for the planning process.
– Tessa R. Mielke & Sonny F. Miller

Transfer Taxes and Income Taxes – Advising Clients on the Complete Picture  (30 MINUTES)
To advise clients fully on estate planning issues, you need to consider both transfer taxes and income taxes. Learn how they relate to one another to advise your clients on the complete estate planning picture.
– Philip J. Ruce

The Latest in Planning Strategies and Techniques  (55 MINUTES)
Get the latest tax planning strategies and tactics, and the latest estate planning opportunities in this ever-changing environment of federal and state law.
– Lauren G. Barron

Pulling It All Together – The Most Effective Tax Planning Ideas Now  (60 MINUTES)
Building on the day’s sessions, our panel of experts will discuss scenarios designed to bring out their best ideas and most advanced tax planning tips today.
– Lauren G. Barron, Alison J. Midden, Tessa R. Mielke & Philip J. Ruce
– Daniel R. Donovan (moderator)

$295

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.25 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.25 credits.

Depending on the jurisdiction in which you practice, you may or may not be able to claim credit for viewing this on demand seminar. Please check with your licensing agency for accreditation information.

STANDARD PRICE
$295.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
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