Year End Gifting

Richard Mayberry taught this class or sections of it to Northern Virginia lawyers for continuing legal education:
Class Taught- Wednesday, December 14, 2011

National Program Description
Protect Your Client's Assets With Proper Gifting Strategies

This dynamic course offers a practical introduction to pitfalls of gifting, including gift tax planning principles and procedures, jeopardizing Medicaid benefits and handling inaccurate beneficiary designations. Whether you're just beginning your estate planning practice or are an experienced attorney, you'll find value in this fundamental legal course that will steer you clear of common mistakes made in this tricky area of estate planning. Provides invaluable strategies to help you properly protect your clients.

  • Assess the client's financial situation to determine whether a gifting plan will help.
  • Avoid simple but costly mistakes such as failure to gift high net worth taxpayers in 2011 and 2012 and jeopardizing Medicaid benefits.
  • Provide your client with a solid plan: learn what types of assets cannot be gifted.

Who Should Attend

This invaluable legal program will provide simple solutions to attorneys in the complex area of gifting. This program may also benefit financial planners, accountants and CPAs, trust officers and paralegals.

Course Content
  1. Misunderstanding Which Gift Subject to Reporting vs. Payment of Gift Tax
  2. Failure to Gift High Net Worth Taxpayers in 2011 and 2012
  3. Jeopardizing Medicaid Benefits
  4. Inaccurate Beneficiary Designations