Section 199A for Trusts and Estates: Planning Techniques for Counsel, Optimizing QBI Deductions, Multiple Trusts | McDermott

Section 199A for Trusts and Estates: Planning Techniques for Counsel, Optimizing QBI Deductions, Multiple Trusts

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Kevin Hall was a keynote speaker at the CLE webinar. The webinar provided counsel and advisers guidance on obstacles and planning mechanisms regarding the use of partnerships and LLCs with trusts and estate planning.

The panel explored the limitations of the 199A deduction, design techniques to optimize the deduction, use of multiple trusts, application of Section 643(f) anti-abuse provisions, methods in reducing the impact of the “service business” provisions of Section 199A, and other vital considerations.

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