**CANCELLED** Estate Planning for the 99%: Portability & More

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Event Details

Tuesday, August 10, 2021

12:30pm – 4:00pm
(Registration: 12:00pm)


Hilton Garden Inn

3720 N Reserve St

Missoula, MT 59808


Field of Study

  • Taxes

CPE Credit

4 hours CPE credit

Course Code



Level of Knowledge



Kaplan Financial Education Powered by Loscalzo


Experience advising clients on tax and financial matters.


All materials will be electronic only

With a lifetime exemption of over $11,000,000 (temporarily—$5,000,000 permanently), much of what the traditional estate planning CPAs did for clients no longer makes sense, as these clients do not face a federal estate tax liability, or it can be easily avoided. However, that does not mean there are not tax issues or that a failure to plan will not cost the family money. This session will look at advising those “poor” estates. We will discuss the use of portability planning in lieu of bypass trusts, how to plan to maximize basis for heirs rather than minimize inclusion in an estate, and not getting blind-sided by state-level estate and inheritance taxes.


  • How “old-style” estate plans actually increase the heirs taxes under the current law
  • The uses and limitations of the portability election
  • Locking in the higher exclusion amount created by the Tax Cuts and Jobs Act with a portability election
  • Using a QTIP election to combine portability with a trust to hold the decedent’s assets


Participants will be able to:

  • Advise clients on the advisability of making a portability election
  • Assisting the client’s attorney in revising or designing the client’s estate plan
  • List those states with an estate and/or inheritance tax

Designed For

CPAs who advise clients with a net worth between $1M and $11.58M or married couples with a combined net worth of under $11.58M.

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