Overview
Our 2016 estate planning review session with Tom Abendroth of Schiff Hardin and Carl Dufendach of Warner, Norcross & Judd. They guided FOX participants through the most significant legislative, regulatory and case law developments covered earlier at the 50th Annual Heckerling Institute on Estate Planning. Tom and Carl highlighted the most important family office oriented issues covered by the various sessions, which included presentations on: trust flexibility; portability; interplay between income and wealth transfer taxation; IRS litigation updates; Developments with SCINs and private annuities; family business rivalries; digital assets; adequate disclosure; fiduciary liability; asset protection; charitable planning; life insurance as an asset class; family governance; and the overall increased focus on income tax planning.