The presentation will provide a basic overview of Intentionally Defective Grantor Trusts (IDGTs), including how they work and when to use them, as well as some practical planning tips and pitfalls that should be kept in mind.
This webinar will be available for purchase until March 4, 2026.Subscribers have 10 days from the date of purchase to complete the webinar. After 10 days you will no longer have access to the webinar and will not be able to claim the CLE hours.
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Nebraska MCLE #267119, 1.0 CLE Hours (OnDemand credit)
The presentation will provide a basic overview of Intentionally Defective Grantor Trusts (IDGTs), including how they work and when to use them, as well as some practical planning tips and pitfalls that should be kept in mind. This will cover the gifting and sale of closely-held business interests to IDGTs, how to retain control of the entity transferred, and how to ensure the client has sufficient cash flow to maintain their standard of living.
Craig Benson, Koley Jessen P.C., L.L.O.
Craig has a background in finance and a Masters of Laws (LL.M.) in taxation from the top-rated University of Florida Levin College of Law where he earned high marks. He is licensed to practice law before the United States Tax Court, as well as numerous federal district courts and state courts. Craig also has experience in tax controversies, 1031 tax deferred exchanges, real estate transactions and both qualified and non-qualified retirement plans along with in-depth knowledge and experience in federal income tax matters, specifically the taxation of pass-through entities.
If you have any questions for the presenter(s) of this webinar, please send your question via email to Allyson Felt at afelt@nebar.com. She will forward your question to the presenter(s), who will provide an answer promptly.
Active Nebraska attorneys are required to complete 10 hours of continuing legal education (CLE) each year. Two of those 10 hours must be in the field of professional responsibility (ethics). Nebraska attorneys may claim only 5 hours of distance-learning CLE per year. Webinars viewed on this portal are considered distance-learning. Under the new MCLE reporting process, the NSBA will report your attendance for this program, which will be automatically updated into your transcript. The NSBA has 30 days to report your hours to Nebraska MCLE, and your transcript may not update immediately. You are no longer able to log your own hours in your transcript; they must be reported by the sponsor.
For more information about Nebraska CLE requirements, see the MCLE Commission’s website at https://supremecourt.nebraska.gov/administration/attorneys/mandatory-continuing-legal-education-mcle. For questions about CLE requirements, your own CLE transcript, or about reporting CLE credit online, contact the Nebraska Supreme Court’s Attorney Services Division at (531) 510-3641.
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