ESTATE PLANNING AFTER OBBBA
-- Turning Theory into Practice --
by Michael R. Miranda, CPA
Michael R. Miranda is the owner of MIRANDA CPA & Consulting LLC, based in Sioux Falls, South Dakota. With more than 49 years of experience, Michael specializes in tax consulting, estate planning, and employee benefits, serving clients with complex needs and representing them before governmental agencies. He holds multiple professional designations: CPA, QKA and NQPA (Qualified Plan Administration), and AEP (Accredited Estate Planner).
Michael R. Miranda CPA, QKA, NQPC, AEP
Estate Planning After OBBBA: Turning Theory into Practice
The One Big Beautiful Bill Act (OBBBA) has fundamentally changed the estate planning landscape by making the increased federal estate and gift tax exemption permanent and creating new planning opportunities for affluent individuals, business owners, farmers, and multi-generational families. While many clients may no longer face an immediate federal estate tax liability, practitioners must still address wealth transfer objectives, asset protection, income tax considerations, basis planning, family business succession, charitable giving, and state estate tax exposure.
This practical two-hour webinar moves beyond theory and focuses on implementing estate planning strategies in the post-OBBBA environment. Participants will learn how to evaluate traditional estate planning techniques such as grantor trusts, IDGTs, SLATs, GRATs, family limited partnerships, charitable trusts, and valuation discount planning in light of the new law. Through case studies and real-world examples, attendees will gain practical insights into helping clients preserve wealth, transfer assets efficiently, and achieve both tax and non-tax estate planning objectives.
Designed for CPAs, Enrolled Agents, financial advisors, and tax practitioners, this session emphasizes actionable planning opportunities and practitioner-focused solutions that can be immediately applied in client engagements.
Learning Objectives:
- Identify the key estate, gift, and generation-skipping transfer tax provisions affected by OBBBA and explain their implications for client planning
- Evaluate whether traditional estate planning techniques remain appropriate under the permanent increased federal transfer tax exemption environment.
- Distinguish between tax-driven and non-tax-driven estate planning objectives, including asset protection, family governance, business succession, and wealth preservation.
- Analyze the advantages and limitations of advanced planning strategies, including:
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- Intentionally Defective Grantor Trusts (IDGTs)
- Spousal Lifetime Access Trusts (SLATs)
- Dynasty Trusts
- Charitable Planning Techniques
- Apply basis planning concepts and evaluate the trade-offs between estate tax minimization and obtaining a basis adjustment at death
- Develop practical planning recommendations for closely held business owners, farmers, and high-net-worth families using post-OBBBA planning strategies.
- Recognize opportunities to integrate income tax, estate tax, and succession planning into a comprehensive wealth transfer plan.
- Develop practical planning recommendations for closely held business owners, farmers, and high-net-worth families using post-OBBBA planning strategies.
Who Should Attend
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Attorneys
- Financial Advisors
- Trust Officers
- Wealth Management Professionals
- Estate Planning Practitioners
Key Takeaway: Participants will leave with a practical framework for advising clients in the post-OBBBA environment, focusing on wealth transfer efficiency, basis optimization, asset protection, and family legacy planning rather than solely on federal estate tax avoidance.
Online Group/Internet Based -- 2 CE awarded
Registration Fee $25 for members; $35 for non-members.
- Prerequisites: Basic knowledge of Federal Tax.
- Program Level: Intermediate
- Delivery Method: Group Internet Based
- Who Should Attend: Enrolled Agents, CPAs, Tax Preparers, Tax Attorneys.
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A few days after the presentation, all paid Registrants will receive their CE Certificate (if earned), another copy of the PDF Slide Deck as well as the link to the Presentation recording for future reference.
