THURSDAY & FRIDAY, NOVEMBER 7 & 8, 2024 * 1:30PM to 4:45PM via ZOOM
Do you still have real properties registered under the names of your deceased grandparents, parents or other relatives? If YES, June 14, 2025 is your absolute deadline to avail of the estate tax amnesty law to avoid the 25% penalty and 20% annual interest on unpaid estate taxes.
In this two-session online lecture, we will provide attendees a comprehensive step-by-step guide on how to efficiently transfer those properties legally to all heirs under the estate tax amnesty law.
You will gain clarity of the estate settlement processes, estate taxation and essential documentary requirements. It takes time to obtain and prepare all documents. Do not delay.
Save on taxes! Save on time! Take the first step in securing your inheritance. Enroll and join this training.
He is a seasoned real estate attorney specializing in estate settlement and family wealth planning. His advocacy in these areas of practice helped hundreds of families in resolving their property issues.
He is the managing director of REALTTORNEY® Real Estate Planning Consultancy and Managing Partner at Perez Valencia & Perez Law Firm.
He is a recognized Chartered Trust and Estate Planner (CTEP®) and a licensed real estate broker.
Heirs of Estates
Spouses & Family Members
Guardian and Administrator
Lawyers & CPAs
Estate Planners
Tax & Business Consultants
Property Developers & Brokers
Anyone interested in the topic
I. Introduction
A. Definition of Inheritance and Estate
B. Succession as a mode of acquiring ownership
C. Types of Succession under the New Civil Code
II. What Does It Mean to Settle the Estate of a Deceased Person
A. Judicial mode
1. Probate
2. Petition for Issuance of Letter Administration
3. Petition for Partition
B. Extrajudicial Settlement
1. Why do it?
2. Jurisprudence on extrajudicial settlement of estate
3. Things to consider before executing one
III. Estate & Donor’s Taxation under Act No. 10963
IV. Estate Tax Amnesty Act and its Extensions
A. The laws and important Implementing Rules and Regulations
B. Important Things to Remember to avail of the amnesty
V. Documentary Requirements in the Estate Tax Amnesty and Beyond
A. At the Bureau of Internal Revenue
B. At the Local Government Unit
C. At the Registry of Deeds
VI. Documentary Requirements in Donation
A. At the Bureau of Internal Revenue
B. At the Local Government Unit
C. At the Registry of Deeds
VII. Key Learning Points and Takeaways
Note:
The Center for Global Best Practices also provides professional service to transfer properties to heirs in estate settlement. For query, consulting requirements, or request for in-house training, please contact: Aiza Cuenca at Manila lines: (+63 2) 8556-8968 or 69; Telefax (+63 2) 8842-7148 or 59. You may also check details and all other upcoming best practices training programs at www.cgbp.org
Contact Person: Aiza Cuenca
Mobile Number (+63 998) 510-3748
Telefax: (+632) 8842-7148 or 59
Email: aiza.cgbp@yahoo.com
