Carried Interest Estate Planning for Fund Principals and Private Equity

Full title:  Carried Interest Estate Planning for Fund Principals and Private Equity:  Not Getting Cut with Vertical and Non-Vertical Slice Planning.  12–1 PM live Zoom webinar by Nathan R. Brown and Todd Angkatavanich, McDermott, Will & Emery. Originally presented on May 31, 2023, course number 7162 is approved until approximately December 1, 2024, for 1 CLE and 1 certification credit each in Tax Law and Wills, Trusts, & Estates.

The structure and economics of an investment fund (and other similar investment entities) create unique estate planning opportunities for fund principals. However, practitioners must carefully navigate I.R.C. Section 2701 to avoid harsh unintended gift tax consequences. This presentation will provide an overview of fund structures and wealth transfer opportunities with carried interest, introduce Chapter 14/Section 2701, and review the various strategies practitioners can implement to circumvent its application, including “vertical slice” application as well as “non-vertical” approaches.