A pre-recorded streaming AUDIO replay of one session from the September 2020 seminar, The Conner-Zaritsky 41st Annual Advanced Estate Planning and Administration program.
Cosponsored with the Wills, Trusts and Estates Section of The Virginia Bar Association
The SECURE Act, which was passed at the end of last year, has far-reaching implications for estate planners, especially with regard to the new rules and paradigms related to “stretch” IRAs and the creation of a new 10-year distribution requirement for distributions to many classes of non-spouse beneficiaries. The Act will change, materially, the amounts being distributed to beneficiaries under so-called “conduit” trusts, and planners may wish to revisit the use of “accumulation” trusts. This presentation reviews the SECURE Act, situations where changes should be considered, and practical considerations from a drafting and planning perspective.