Step-Up in Basis and Capital Gains in Estate Planning: Minimizing Tax on Transfers, Basis Adjustment Methods

Private Wealth Services attorney Brent Berselli will lead a Strafford webinar exploring the most effective strategies for minimizing capital gains in estate planning. Estate planning attorneys are tasked with minimizing or eliminating tax liability for their clients and must pay particular attention to assets such as real estate and stock that tend to generate capital gains. Counsel can employ various tax basis adjustment and tax planning methods, from installment sales to upstream gifting, to avoid the negative repercussions of capital gains. During this webinar, Mr. Berselli will explain planning issues that commonly arise when selling or transferring certain assets and highlight the classes of assets that can benefit from basis adjustment transactions. He will also share ways to achieve income tax basis step-up and outline the risks involves in basis adjustments.