Date: October 10th , 2025

Time: 2pm ET | 1pm CT | 12pm MT | 11am PT 10am PT

Duration: 180 Minutes

Description:

Over the Fourth of July weekend, the One Big Beautiful Bill Act (OBBBA) was officially signed into law, ushering in sweeping changes that will impact millions of Americans. Chief among them: a permanent increase in the federal estate and gift tax exclusion.

This course examines the sweeping changes introduced by the newly enacted legislation that permanently raises the lifetime estate and gift tax exemption. With this shift in federal transfer tax policy, traditional estate planning approaches are evolving—reducing the urgency of lifetime gifting and redefining the role of key tools such as irrevocable trusts and portability elections.

Participants will receive actionable insights on how to realign estate plans with the new exemption thresholds. The course will highlight strategic opportunities for both high-net-worth individuals and moderately affluent clients, helping advisors navigate planning in an environment where fewer clients face immediate estate tax exposure—but still require sophisticated wealth transfer solutions.

Key Topics Covered:

• Key Highlights of the 2025 Estate and Gift Tax Reform.
• Strategic Shifts in Lifetime Gifting Under Elevated Exemption Limits.
• Portability vs. Credit Shelter Trusts: Roles in a New Planning Environment.
• Estate Planning for Clients Still Subject to Tax Exposure.
• Communicating the Impact of Exemption Changes to Clients.

Learning Objectives

• Explain the major provisions of the 2025 legislation, including the permanent increase to the federal lifetime estate and gift tax exemption.
• Assess how elevated exemption amounts reshape core estate planning tools such as lifetime gifting, irrevocable trusts, and portability.
• Identify clients who remain at risk for estate tax liability and tailor planning strategies to meet their specific needs.
• Review and revise existing estate plans developed under prior exemption limits to ensure they align with the current tax landscape.
• Develop client-focused strategies for effective wealth transfer, asset protection, and long-term planning in an era of reduced estate tax exposure.
• Describe the gift tax filing requirements.
• Identify the importance of gifting under the increased exemption rules.
• Identify opportunities to maximize generation skipping tax savings.
• Recognize and analyze the ideal methods for allocating the deceased spouse’s unused exemption.
• Identify how to recommend elections to minimize transfer tax exposure.
• Recognize form filing dates.
• Describe what is necessary to elect gift splitting identify which gifts are eligible for tax exclusions.
• Describe the practical implications of key estate tax changes and the impact on filing estate tax returns.
• Identify the parts and schedules that make up the Form 706.
• Recognize how to figure estate tax liability.

Credits and Other information:

• Recommended CPE credit – 3.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 180 minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Klaralee R. Charlton
Klaralee R. Charlton is an estate and tax attorney at 3i Law working with clients to effectively plan for the future transfer of assets and efficiently administer assets post-death. She works with clients to visualize their estate planning goals while capturing opportunities to mitigate risk, administrative burdens and unnecessary tax liability.