Highlights from “Over-Rated? How Surging Interest Rates and Slow Growth May Radically Change Wealth Transfer Planning” 

CECP members met at the Charlotte Marriott City Center on November 15 to speak with Thomas J. Pauloski, JD, National Managing Director – Wealth Strategies, Bernstein, about interest rates and the effect on estate planning.

At the end of March, 50+ CECP members met in person at the Charlotte Marriott SouthPark for the first in person meeting since 2019! The March meeting was in fact a hybrid event and many members also joined virtually to hear Evergreen Legacy Planning LLP’s Matthew McClintock, JD, speak about crypto and estate planning. 

Matt kicked off the presentation with macro market trends, showing 3 year and 5 year scenarios, and spoke about paths to increase exposure including innumerable exchanges, NFT marketplaces, cash apps (like Venmo, PayPal), and chip manufacturers and companies (like Tesla, Square) with cryptoasset treasuries, that all lead to increased interest, adaption and direct token acquisition. 

Bessemer Trust’s Senior Fiduciary Counsel, Ron Aucutt, joined CEPC members on January 19^th to discuss his selections for the 2021 top ten estate planning and estate tax developments, and what to look for as we kick off the new year. Using specific cases, Mr. Aucutt discussed his list of top developments which include:

#10: Estate Tax Closing Letter for a Sixty-Seven Dollar User Fee (Reg. §300.13, CCA 202142010) – Mr. Aucutt noted the new regulation to restore the closing letter and impose a fee.