WASHINGTON, D.C. ESTATE PLANNING COUNCIL

Thank you to our meeting sponsor

Program Description and Benefits: 
The Tax Cuts and Jobs Act of 2017 created a new category of life insurance policy transfers, known as a reportable policy sale, that can cause the death benefit of a life insurance policy to become taxable even if the transfer would have otherwise been protected under more well-known transfer for value rule exceptions. Join Caroline McKay, a Senior Wealth Strategist at CIBC Private Wealth US, as she discusses these updated rules and important planning considerations when planning with life insurance. 

As an added bonus, Fred Gordon, JD, LLM, Senior Director, National Tax Go-To-Market and Tax Policy Services at RSM US LLP will start off the morning with a brief update on upcoming estate tax law changes.

Speaker Biography:
Caroline McKay is a senior wealth strategist with CIBC Private Wealth’s Boston office, and has 13 years of industry experience. In this role, she works closely with relationship managers and clients to develop and implement estate and wealth transfer strategies as part of the firm’s integrated wealth management process. Prior to joining CIBC Private Wealth, Caroline served as assistant vice president and head of the Advanced Markets Department at John Hancock Insurance. In this role, she provided advanced tax, business and estate planning support to insurance professionals, financial advisors, certified public accountants and attorneys. Caroline has been a frequent speaker at prominent industry events and is the author of several articles related to estate and tax planning. Caroline earned a Bachelor of Arts degree in history, magna cum laude, from Colby College; a Juris Doctor degree from Suffolk University, cum laude; and a Master of Laws degree in taxation from New York University School of Law.

Logistics:

• Fees: No cost for active members; $25 for guests and emeritus members
• Connection and zoom registration details will be emailed just prior to the event.
• ​Participant video and audio will be muted during the presentation.
• Goodies will be delivered to your home or office the day of the event for those that register by Monday, November 8. Please include your delivery address and mobile phone number when you register.