EPCNNJ EVENT - The Art of Donating Your Cake to Your Family and Eating it Too
RSVP TO THIS EPCCNJ EVENT: www.epcnnj.org/EventRSVP.asp
$75 Guest Fee for non-EPCCNJ members
2012 may be the best year to make sizeable non-charitable gifts because this year each U.S. citizen has $5,120,000 of lifetime exemption from federal gift tax and New Jersey does not have any gift tax. Next year the lifetime exemption from federal gift tax is scheduled to revert to $1,000,000. Some clients with wealth are reluctant to take advantage of this opportunity because they fear they may need the money should their fortunes reverse. Stacy Eastland, the Managing Director of the Investment Management Division of Goldman Sachs & Company will describe techniques that permit the donor to give his or her assets to a trust or limited partnership in 2012 yet allow the donor subsequent indirect access to the gift and its reinvested proceeds.
Stacy Eastland is a Managing Director in the Private Wealth Management group at Goldman Sachs where he advises private clients and their own advisors on their strategic wealth management plans, combining a variety of income tax, estate planning and gifting techniques. Prior to joining Goldman Sachs, Stacy was a senior partner with Baker Botts, L.L.P. in Houston, Texas. Stacy received his B.S. (with Honors) from Washington and Lee and his J.D. from The University of Texas (with Honors). Stacy's professional associations include: Member of the International Academy of Estate and Trust Law; Fellow of the American College of Trust and Estate Counsel. Stacy is listed in Who's Who in America and The Best Lawyers in America (Woodard, White). Stacy has also been listed in Town & Country and in Bloomberg Personal Finance as one of the top trust and estate lawyers in the U.S. Articles about Stacy's planning ideas have also been featured in Forbes and Fortune magazines.
Continuing education credits are available for accountants and financial planners. This program provides 1 hour of CLE for attorneys.