Chapter 27: Advanced Estate & Gift Integration

In this section

• Business Valuation & Estate Freezes (FLPs, GRATs)
  Learn how careful business valuation and estate freeze strategies, including Family Limited Partnerships (FLPs) and Grantor Retained Annuity Trusts (GRATs), can help shift future appreciation out of an estate and reduce transfer tax liabilities.
• Closely Held Entities, FLP Discounts & IRC §2701–2704 Rules
  Examination of Family Limited Partnerships, closely held entity valuations, and the impact of IRC §§2701–2704 on estate and gift tax planning strategies.
• Coordinating Trusts & Entity Structures for Generational Shifts
  Explore advanced planning techniques for intergenerational wealth transfer, integrating QTIP trusts, IC-DISCs, and charitable components to optimize tax efficiency and preserve family legacies.
• Advanced Post-Mortem Planning (QSST, ESBT)
  Explore in-depth how Qualified Subchapter S Trusts (QSST) and Electing Small Business Trusts (ESBT) handle S corporation ownership transfers after a shareholder’s death, including distribution vs. retention strategies.