SANTA CRUZ COUNTY
ESTATE PLANNING COUNCIL
November 8, 2023 12:00 - 1:00 PM
Webinar
Santa Cruz Estate Planning Council Presents: Reducing Income Tax Burdens on Non-Grantor Trusts
Reducing the Income Tax Burden
on Non-Grantor Trusts
Speakers: Jonathan G. Blattmachr and Martin Shenkman.
Married individuals filing joint only reach the maximum tax bracket at
almost $700,000 of income whereas trusts reach the maximum bracket at
about $14,000 of income. All trusts will be taxed as non-grantor or
complex trusts at some point. What steps can practitioners take to add
flexibility to trust instruments to facilitate income tax planning. How
does this approach of flexible beneficiary trusts differ from traditional
trust income tax planning? Practical explanations and sample language
will be provided to guide practitioners in how to offer potentially
beneficial trust tax planning options to clients.
MCLE credits: The Santa Cruz County Bar Association has certified that this activity has been approved by the State Bar of California for one hour of MCLE credit.
