Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Saturday, October 20, 2018

CLE on Elder Law and Medicaid Planning: Everything You Need to Know

CLEThe National Business Institute is holding a 2- day conference entitled, Elder Law and Medicaid Planning: Everything You Need to Know, on December 4 - December 5, 2018 at the SpringHill Suites Pittsburgh Southside Works in Pittsburgh, Pennsylvania. Provided below is a description of the event.

Program Description

Everything You Need to Know to Represent Elderly Clients

Rising medical costs, health insurance changes, looming Social Security Fund depletion and baby boomers' retirement have intensified concerns over long-term care funding. Are you doing everything you can to help each client develop a comprehensive plan to ensure proper quality of life in the golden years? Join our expert faculty for two days of intensive study on planning and coordinating government benefits, and emerge better prepared to face the challenges of today's Medicaid and elder law practice. Register today!

  • Get two full days of estate planning training, so you can help clients protect assets and qualify for continuing care benefits.
  • Review medical and financial Medicaid eligibility criteria in detail.
  • Explore new continuing care options that allow for more independence.
  • Find new LTC funding sources to help clients maintain the quality of life they're used to.
  • Get solutions to real-life ethical dilemmas often faced in elder law practice.
  • Qualify eligible clients for veterans benefits and maintain your VA accreditation.
  • Plan for the tax consequences of asset transfers on spenddown requirement compliance.
  • Minimize Medicaid estate recovery through intricate understanding of the process.
  • Make better use of special needs trusts.

Who Should Attend

This basic-to-intermediate level, two-day seminar is designed for:

  • Attorneys
  • Estate and Financial Planners
  • Trust Officers
  • Paralegals
  • Accountants
  • Tax Professionals
  • Nursing Home Administrators

Course Content

DAY 1

  1. Long-Term Care Planning: Types, Cost, and Funding Options
  2. Tax Considerations
  3. Powers of Attorney
  4. Medical and End-of-Life Decisions
  5. Medicaid Benefits and Eligibility Rules
  6. Preserving Family Assets When Qualifying for Medicaid
  7. Medicaid Application Procedure and Tactics

DAY 2

  1. Obtaining Veterans Benefits
  2. Special Needs Trusts: Creation, Taxation, Administration
  3. Medicaid Post-Eligibility Issues
  4. Coordinating Benefits and Other Income Sources
  5. Liability/Litigation Issues in Elder Law
  6. Ethical Dilemmas

October 20, 2018 in Conferences & CLE, Disability Planning - Health Care, Disability Planning - Property Management, Elder Law, Estate Planning - Generally | Permalink | Comments (0)

Wednesday, October 17, 2018

Ongoing CLE: 2018 National Conference on Special Needs Planning and Special Needs Trusts

CLECelebrating 20 years, the 2018 National Conference on Special Needs Planning and Special Needs Trusts is the premier conference for you and your colleagues to attend! This conference is a must for anyone working in the field of special needs planning. The conference offers three pre-conference intensives Tax, Pooled SNTs and Veterans Benefits along with the two-day national conference.

Pre-Conferences | Wednesday, Oct. 17, 2018

  • Tax Intensive: This full-day program, with breakouts, will focus on the tax issues in special needs planning from experts in the field of tax and planning from across the country.
  • Pooled Trusts Intensive: This full-day program, with breakouts, will focus on issues for pooled trusts administrators, attorneys and others who work with pooled trusts.
  • Veterans Benefits Intensive: This half-day program, will feature three hours of training on veterans benefits with the Honorable Michael P. Allen, U.S. Court of Appeals for Veterans Claims, and Professor Stacey-Rae Simcox, Stetson University College of Law. It will also feature an overview of the Office of General Counsel of the Department of Veterans Affairs by the VA General Counsel, and an update from Chief Judge Robert N. Davis, U.S. Court of Appeals for Veterans Claims.

VA accreditation requires approval from a State bar association and must also satisfy the requirements of 38 C.F.R. § 14.629(b)(1)(iii), Stetson University College of Law will apply to the state of Florida for CLE credit and the agenda will meet the requirements of 38 C.F.R. § 14.629(b)(1)(iii). Attendees will then be required to submit on their own for VA accreditation. 

National Conference | Oct. 18–19, 2018

  • The conference will start on Thursday and Friday mornings with general sessions on a variety of important topics, followed by breakout sessions on cutting-edge topics in the afternoon. Friday morning starts with a presentation by Samara Richardson, associate commissioner for the Office of Income Security Program (via video conference) followed by the not-to-be-missed experts panel. The conference closes with the popular The Update by Robert W. Fechtman and Robert B. Fleming.

October 17, 2018 in Conferences & CLE, Current Events, Elder Law, Estate Administration, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Tuesday, October 16, 2018

CLE on Revocable Living Trusts from Start to Finish

CLEThe National Business Institute is holding a video webcast entitled, Revocable Living Trusts from Start to Finish, on Thursday, November 1, 2018, at 10:00 a.m. to 5:00 p.m. Central. Provided below is a description of the event.

Program Description

Draft Better Revocable Living Trusts

In this engaging overview, our expert estate planning attorney faculty will analyze the most popular and the most effective revocable living trust structures. Discover when a revocable living trust is a better alternative than a simple will, which trust to choose and what provisions must and should be included to give it the desired power. Register today!

  • Compare traditional estate planning with revocable trust planning to offer your clients the best alternative in each specific circumstance.
  • Get practical tips for making the best use of Qualified Terminable Interest Property Trusts.
  • Protect the interests of both spouses - draft better marital deduction trusts.
  • Review sample trust materials to avoid errors and save time drafting yours.
  • Protect your professional reputation with legal ethics advice from experienced attorneys.

Who Should Attend

This fundamental legal course breaks down the use of revocable living trusts into simple tips and tactics that will benefit attorneys. It may also be of interest to accountants and CPAs, estate planners, trust officers, and paralegals.

Course Content

  1. Key Estate Transfer Laws
  2. Revocable Living Trust Planning vs. Traditional Estate Planning
  3. Ethics in Estate Planning
  4. RLT Structures
  5. Drafting Tips and Clauses
  6. Marital Deduction Trusts in Detail
  7. Funding the Revocable Trust
  8. Common RLT Mistakes to Avoid

October 16, 2018 in Conferences & CLE, Estate Planning - Generally, Non-Probate Assets, Trusts | Permalink | Comments (1)

Saturday, October 13, 2018

CLE on Estate Planning: The Ultimate Guide

CLEThe National Business Institute is holding a webcast entitled, Estate Planning: The Ultimate Guide, on Tuesday, December 11, 2018, at 9:00 a.m. - 4:00 p.m. Central. Provided below is a description of the event.

Program Description

Grow a Successful Estate Planning Practice

Are you ready to grow your own successful estate planning practice or looking for a practical refresher? This program will become your go-to guide. From client intake through will, trust and tax planning, you will receive tips, sample forms and answers to your most pressing questions to help you excel. Gain insight on everyday issues estate planning attorneys face - register today!

  • Learn how to clarify client goals and develop a sound estate planning strategy.
  • Get practical will and trust drafting skills to speed up the process and give the testator's last wishes power.
  • Explore the functions and mechanics of major trust structures - and make certain you choose the right tool for each job.
  • Walk through the basics of tax planning with simple and useful tips.
  • Give each provision full power with precise word choices - get sample forms to speed up the process.
  • Help your clients make the tough medical decisions regarding long-term care, end-of-life and organ donation.
  • Stave off conflicts of interest with a clear determination of who your client is from the start.

Who Should Attend

This program is designed for attorneys. It will also benefit estate planners, trust officers, accountants and CPAs, paralegals, and tax professionals.

Course Content

  1. CLIENT SCREENING AND INTAKE
  2. KEY ELEMENTS OF EFFECTIVE WILLS
  3. BASIC TAX PLANNING
  4. DOCUMENTING LONG-TERM CARE, INCAPACITY AND END-OF-LIFE DECISIONS
  5. TRUSTS 101
  6. WHO IS THE FIDUCIARY?
  7. ETHICAL CONSIDERATIONS

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.00 -  AK*
CLE 6.00 -  AL*
CLE 6.00 -  AR*
CLE 6.00 -  AZ*
CLE 6.00 -  CA*
CLE 7.00 -  CO*
CLE 6.00 -  CT*
CLE 6.00 -  DE*
CLE 7.00 -  FL*
CLE 6.00 -  GA*
CLE 6.00 -  HI*
CLE 6.00 -  IA*
CLE 6.00 -  ID*
CLE 6.00 -  IL*
CLE 6.00 -  IN*
CLE 7.00 -  KS*
CLE 6.00 -  KY*
CLE 6.00 -  LA*
CLE 6.00 -  ME*
CLE 6.00 -  MN*
CLE 7.20 -  MO*
CLE 6.00 -  MP
CLE 6.00 -  MS*
CLE 6.00 -  MT*
CLE 6.00 -  NC*
CLE 6.00 -  ND*
CLE 6.00 -  NE*
CLE 6.00 -  NH*
CLE 7.20 -  NJ*
CLE 6.00 -  NM*
CLE 6.00 -  NV*
CLE 7.00 -  NY*
CLE 6.00 -  OH*
CLE 7.00 -  OK*
CLE 6.00 -  OR
CLE 6.00 -  PA*
CLE 7.00 -  RI*
CLE 6.00 -  SC*
CLE 6.00 -  TN*
CLE 6.00 -  TX*
CLE 6.00 -  UT*
CLE 6.00 -  VA*
CLE 6.00 -  VT*
CLE 6.00 -  WA*
CLE 7.00 -  WI*
CLE 7.20 -  WV*
CLE 6.00 -  WY*

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 7.00 -  AZ
CPE for Accountants 7.00 -  NY*
CPE for Accountants 7.00 -  WA
CPE for Accountants 7.00 -  WI

 * denotes specialty credits

October 13, 2018 in Conferences & CLE, Current Affairs, Estate Administration, Estate Planning - Generally, Estate Tax, Generation-Skipping Transfer Tax, Gift Tax, Trusts, Wills | Permalink | Comments (0)

Wednesday, October 10, 2018

CLE on LLCs in Asset Protection: Top Mistakes

CLEThe National Business Institute is holding a live webcast entitled, LLCs in Asset Protection: Top Mistakes, on Monday, November 26, 2018, at 9:00 a.m. - 4:00 p.m. Central. Provided below is a description of the event.

Program Description

Prevent Misuse of LLCs in Asset Protection

What simple mistakes can remove the protections LLCs are intended to provide and that may leave your clients vulnerable to creditors? Identify key weak points of the major elements of LLC structure, understand veil piercing, and prevent the changing regulatory and judicial environment from derailing your clients' asset protection plans. Register today!

  • Identify top mistakes that strip LLCs of their protections.
  • Prevent unintended tax consequences of entity choice.
  • Zero in on the weak spots of charging order protections of your clients' LLCs.
  • Explore the problems trusts as LLC members can create.
  • Maintain your professional reputation with a practical ethics primer.
  • Learn to counter common creditor tactics.

Who Should Attend

This focused legal guide is designed for attorneys. It may also be of benefit to trust officers, accountants, estate planners, and paralegals.

Course Content

  1. Plan Design: Avoiding the Wrong Course of Action from the Start
  2. Choice of Entity Mistakes
  3. Top Errors in Formation Documents and Operating Agreements That Jeopardize Asset Protection
  4. Charging Orders, Veil Piercing and Other Risks: The Weaknesses Often Exploited
  5. Ethical and Liability Issues
  6. Preventing and Correcting Mistakes: Case Studies

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.00 -  AK*
CLE 6.00 -  AL*
CLE 6.00 -  AR*
CLE 6.00 -  AZ*
CLE 6.00 -  CA*
CLE 7.00 -  CO*
CLE 6.00 -  CT*
CLE 6.00 -  DE*
CLE 7.00 -  FL*
CLE 6.00 -  GA*
CLE 6.00 -  HI*
CLE 6.00 -  IA*
CLE 6.00 -  ID*
CLE 6.00 -  IL*
CLE 6.00 -  IN*
CLE 7.00 -  KS*
CLE 6.00 -  KY*
CLE 6.00 -  LA*
CLE 6.00 -  ME*
CLE 6.00 -  MN*
CLE 7.20 -  MO*
CLE 6.00 -  MP
CLE 6.00 -  MS*
CLE 6.00 -  MT*
CLE 6.00 -  NC*
CLE 6.00 -  ND*
CLE 6.00 -  NE*
CLE 6.00 -  NH*
CLE 7.20 -  NJ*
CLE 6.00 -  NM*
CLE 6.00 -  NV*
CLE 7.00 -  NY*
CLE 6.00 -  OH*
CLE 7.00 -  OK*
CLE 6.00 -  OR*
CLE 6.00 -  PA*
CLE 7.00 -  RI*
CLE 6.00 -  SC*
CLE 6.00 -  TN*
CLE 6.00 -  TX*
CLE 6.00 -  UT*
CLE 6.00 -  VA*
CLE 6.00 -  VT*
CLE 6.00 -  WA*
CLE 7.00 -  WI*
CLE 7.20 -  WV*
CLE 6.00 -  WY*

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 7.00 -  AZ
CPE for Accountants 7.00 -  NY*
CPE for Accountants 7.00 -  WA
CPE for Accountants 7.00 -  WI

 * denotes specialty credits

October 10, 2018 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0)

Monday, October 8, 2018

CLE on Special Needs Trusts: New Rules and Planning Strategies

CLEThe National Business Institute is holding a live webcast entitled, Special Needs Trusts: New Rules and Planning Strategies, on Wednesday, November 7, 2018, at 9:00 a.m. - 4:00 p.m. Central. Provided below is a description of the event:

Program Description

Help Your Clients Weigh ALL Their Disability Savings Options

The recent ABLE Act and proposed federal legislation on improving special needs trusts have changed financial planning for disabled clients, with new options potentially offering clients better outcomes with less complexity. Can you determine how ABLE accounts stack up against SNTs and when to use them? Do you have the latest information on benefits eligibility and how it interplays with financial planning for disability? This timely legal course will give you the skills and knowledge to pick the right tool for your clients and execute it impeccably. Register today!

  • Get an incisive update on the recent and upcoming laws and rules governing disability planning.
  • Plan ahead, know what counts as a qualified expense in ABLE vs. SNT accounts.
  • Get answers to questions regarding Medicaid estate recovery rights and remedies.

This is a rebroadcast of the original webcast delivered by Robert F. Brogan, Jane M. Fearn-Zimmer and Patricia E. Kefalas Dudek on April 30, 2018. Faculty will be available to answer your questions after the program.

Who Should Attend

This timely guide to SNTs is designed for attorneys. It will also benefit trust officers, accountants, estate planners, wealth managers, disability professionals, and paralegals.

Course Content

  1. Special Needs Trusts Legislative and Regulatory Update
  2. Strategic Use of the New ABLE Act Special Needs Savings Accounts
  3. Special Needs Trusts (SNTs) Construction: New Challenges and Opportunities
  4. Preserving Benefits Eligibility and Accounting for Medicaid Estate Recovery Rights
  5. SNT Tax Updates and Strategies
  6. Legal Ethics of Disability Practice

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.00 -  AK*
CLE 6.00 -  AL*
CLE 6.00 -  AZ*
CLE 6.00 -  CA*
CLE 7.00 -  CO*
CLE 6.00 -  CT*
CLE 6.00 -  DE*
CLE 7.00 -  FL*
CLE 6.00 -  GA*
CLE 6.00 -  HI*
CLE 6.00 -  IA*
CLE 6.00 -  ID*
CLE 6.00 -  IL*
CLE 6.00 -  IN*
CLE 7.00 -  KS*
CLE 6.00 -  KY*
CLE 6.00 -  LA*
CLE 6.00 -  ME*
CLE 6.00 -  MN*
CLE 7.20 -  MO*
CLE 6.00 -  MP
CLE 6.00 -  MS*
CLE 6.00 -  MT*
CLE 6.00 -  NC*
CLE 6.00 -  ND*
CLE 6.00 -  NE*
CLE 6.00 -  NH*
CLE 7.20 -  NJ*
CLE 6.00 -  NV*
CLE 7.00 -  NY*
CLE 6.00 -  OH*
CLE 7.00 -  OK*
CLE 6.00 -  OR*
CLE 6.00 -  PA*
CLE 7.00 -  RI*
CLE 6.00 -  SC*
CLE 6.00 -  TN*
CLE 6.00 -  TX*
CLE 6.00 -  UT*
CLE 6.00 -  VA*
CLE 6.00 -  VT*
CLE 6.00 -  WA*
CLE 7.00 -  WI*
CLE 7.20 -  WV*
CLE 6.00 -  WY*

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 7.00 -  AZ
CPE for Accountants 7.00 -  NY*
CPE for Accountants 7.00 -  WA
CPE for Accountants 7.00 -  WI

 * denotes specialty credits

October 8, 2018 in Conferences & CLE, Current Affairs, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Sunday, October 7, 2018

CLE on Inherited IRAs: What the Practitioner Must Know

CLEKaplan Financial Education is holding a conference entitled, Inherited IRAs: What the Practitioner Must Know, on Wednesday, November 28, 2018, at the New York City Bar Association in New York City, New York. Provided below is a summary of the event:

Retirement assets often represent a substantial portion of a taxpayer’s wealth. The retirement assets may be accumulated in a 401(k) plan, 403(b) arrangement, in another kind of qualified plan, or in an IRA. Regardless of the retirement arrangement involved, the tax consequences of making the right move at the right time can be financially beneficial – or, conversely, financially hazardous – for the taxpayer and the taxpayer’s family.

This program will help you avoid common errors when dealing with retirement assets during your client’s lifetime and after your client’s death. Tax planning with retirement assets including integrating retirement assets in an estate plan will be discussed.

Prerequisites and Why You Should Attend

Prerequisites-Basic knowledge of tax planning with retirement assets.

Who should attend - CPA's, attorneys or financial planners who have clients with substantial retirement assets.

Details

 

Some topics included in this continuing education program:

  • Common Errors in Retirement Distribution Planning
  • How to handle a Non Compliant client who has violated the required minimum distribution rules
  • Statute of Limitations on IRA penalty issues
  • How to use Form 5329 to request a waiver of the required minimum distribution 50% penalty tax
  • Personal liability of fiduciary who knows about the penalty
  • Why many beneficiary forms are defective
  • How the Inherited IRA rules work
  • Overview of the Spousal IRA rules 
  • Application of One-Per-Year Limit on IRA Rollovers, with examples
  • Inherited IRAs after the 2014 U.S. Supreme Court decision in Clark v. Rameker
  • Recent court case of first impression holding that inherited IRAs are not protected against creditors under New York State law
  • Use of IRA trusts after the Tax Cuts and Jobs Act

 You will also receive an electronic copy of the presentation as a PDF, which is your reference manual, at no additional cost. 

 

Continuing Education Credits

CFP -  

Kaplan Financial Education is a CFP Board CE Sponsor.  This course has been accepted by the CFP Board for 4 CE hours.
 

CPE -

This program qualifies for up to 4 CPE credits in Taxation.

CPE Certificate of Completion: All attendees will receive a certificate of completion to document attendance at the end of each program. Walk-ins will receive their certificate within 5 days of the program date. These programs comply with the Standards for Formal Group Programs published by the American Institute of Certified Public Accountants. Loscalzo Associates, Ltd. has been approved as an acceptable sponsor of Continuing Professional Education Programs by NASBA - Sponsor #103266; New Jersey State Board of Accountancy - Sponsor #116; and New York State Board for Public Accountancy - Sponsor #000143. For more information regarding administrative policies such as complaints and refunds, please contact our office.

Note: If you lose your CPE Certificate and require a new one, a $25 per certificate fee will be charged

CLE -

CLE credit for 4 hours in Professional Practice, nontransitional. The CLE course provider is IRG Publications. You will receive an electronic copy of the presentation in advance of the program, which is your reference material. Certificate of Attendance from IRG Publications, the CLE course provider, will be sent to attorney attendees electronically within 20 days after the program, using the New York CLE Certificate of Attendance. If an attendee is attending from a state other than New York, it will be the responsibility of the attendee to verify with their local State Bar Association regarding the acceptance and amount of individual courses for CLE credit.

Special thanks to Seymour Goldberg (Goldberg & Goldberg, P.C.) for bringing this article to my attention.

October 7, 2018 in Conferences & CLE, Elder Law, Estate Administration, Estate Planning - Generally, Income Tax | Permalink | Comments (0)

Thursday, October 4, 2018

CLE on Estate Planning: Document Review and Issue Spotting

CLEThe National Institute of Business is holding a webinar entitled, Estate Planning: Document Review and Issue Spotting, on Monday, December 10, 2018, at 12:00 p.m. to 3:15 p.m. Central. Provided below is a description of the event:

Program Description

Speed Up Your Drafting Process with a Practical Guide to Reviewing Estate Plans

Crafting a client's legacy requires a keen eye for detail: every element of the estate plan must be meticulously selected, executed and coordinated with the rest of the tools. This practical legal guide will give you real-life guidance to spotting common problems and ensuring that every plan works like clockwork. Give clients (and yourself) peace of mind - register today!

  • Learn what key elements to look for when reviewing wills and trusts.
  • Ensure the plan truly reflects the client's goals and accounts for family dynamics and other unique circumstances.
  • Identify ALL relevant laws and ensure compliance.
  • Examine auxiliary documents to make certain no detail is missed.
  • Get guidance on coordinating all tools and documents into a cohesive plan.

Who Should Attend

This estate planning guide is designed for attorneys. It will also benefit trust officers, wealth managers, tax professionals, and paralegals.

Course Content

  1. Covering the Basics
  2. Ensuring Compliance with the Laws
  3. Reviewing the Will/Trust(s)
  4. Reviewing Auxiliary Documents
  5. Making Certain all the Planning Tools Work Well Together
  6. Handling Unique Client Scenarios

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 3.00 -  AK
CLE 3.00 -  AL
CLE 3.00 -  AR
CLE 3.00 -  AZ
CLE 3.00 -  CA
CLE 4.00 -  CO
CLE 3.00 -  CT
CLE 3.00 -  DE
CLE 3.50 -  FL*
CLE 3.00 -  GA
CLE 3.00 -  HI
CLE 3.00 -  IA
CLE 3.00 -  ID
CLE 3.00 -  IL
CLE 3.00 -  IN
CLE 3.50 -  KS
CLE 3.00 -  KY
CLE 3.00 -  LA*
CLE 3.00 -  ME
CLE 3.00 -  MN
CLE 3.60 -  MO
CLE 3.00 -  MP
CLE 3.00 -  MS
CLE 3.00 -  MT
CLE 3.00 -  NC
CLE 3.00 -  ND
CLE 3.00 -  NE
CLE 3.00 -  NH
CLE 3.60 -  NJ
CLE 3.00 -  NM
CLE 3.00 -  NV
CLE 3.50 -  NY*
CLE 3.00 -  OH
CLE 3.50 -  OK
CLE 3.00 -  OR
CLE 3.00 -  PA
CLE 3.50 -  RI
CLE 3.00 -  SC
CLE 3.00 -  TN
CLE 3.00 -  TX*
CLE 3.00 -  UT
CLE 3.00 -  VA
CLE 3.00 -  VT
CLE 3.00 -  WA
CLE 3.50 -  WI
CLE 3.60 -  WV
CLE 3.00 -  WY

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 3.50 -  AZ
CPE for Accountants 3.50 -  NY*
CPE for Accountants 3.50 -  WA
CPE for Accountants 3.00 -  WI

 * denotes specialty credits

October 4, 2018 in Conferences & CLE, Elder Law, Estate Planning - Generally, Estate Tax, Income Tax, Trusts, Wills | Permalink | Comments (0)

Tuesday, October 2, 2018

CLE on Trust Taxation: The Ultimate Guide

CLEThe National Business Institute is holding a webcast entitled, Trust Taxation: The Ultimate Guide, on Friday, October 19, 2018, at 9:00 a.m. - 4:00 p.m. Central. Provided below is a description of the event.

Program Description

Get the Knowledge You Need to Handle Trust Taxation Effectively

Can you confidently predict the tax consequences of specific trust structures and do you know how to most effectively minimize the tax burden for your clients? This timely and practical legal guide will give you the knowledge you need to cogently advise your clients on their planning options. Register today!

  • Determine how trust assets are valued for purposes of determining tax liability.
  • Compare different ways of calculating taxable income.
  • Gain solutions to common capital gains tax issues.
  • Learn to use discretionary distributions effectively.
  • Clarify recent IRS changes to material participation of trusts.

Who Should Attend

This legal guide is designed for attorneys. It will also benefit accountants, trust officers, estate planners, tax professionals, and paralegals.

Course Content

  1. Tax, Legislative, Enforcement, and Regulatory Trends
  2. Tax Impact of Common Trust Structures
  3. State Tax Considerations and Decanting Rules
  4. Trust Asset Valuation and its Tax Consequences
  5. Structuring Trust Income Taxation
  6. Taxable Income Calculations: Comparative Case Studies
  7. Capital Gains Tax in Trusts
  8. Discretionary Distributions in Lieu of Tax
  9. Post-Mortem Tax Planning and What Happens when a Trust Becomes Irrevocable
  10. Accumulation Distribution for Some Complex Trusts
  11. Material Participation by Trusts - Recent IRS Changes

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.00 -  AK
CLE 6.00 -  AL
CLE 6.00 -  AR
CLE 6.00 -  AZ
CLE 6.00 -  CA
CLE 7.00 -  CO
CLE 6.00 -  CT
CLE 6.00 -  DE
CLE 7.00 -  FL*
CLE 6.00 -  GA
CLE 6.00 -  HI
CLE 6.00 -  IA
CLE 6.00 -  ID
CLE 6.00 -  IL
CLE 6.00 -  IN
CLE 7.00 -  KS
CLE 6.00 -  KY
CLE 6.00 -  LA*
CLE 6.00 -  ME
CLE 6.00 -  MN
CLE 7.20 -  MO
CLE 6.00 -  MP
CLE 6.00 -  MS
CLE 6.00 -  MT
CLE 6.00 -  NC*
CLE 6.00 -  ND
CLE 6.00 -  NE
CLE 6.00 -  NH
CLE 7.20 -  NJ
CLE 6.00 -  NM
CLE 6.00 -  NV
CLE 7.00 -  NY*
CLE 6.00 -  OH
CLE 7.00 -  OK
CLE 6.00 -  OR
CLE 6.00 -  PA
CLE 7.00 -  RI
CLE 6.00 -  SC
CLE 6.00 -  TN
CLE 6.00 -  TX*
CLE 6.00 -  UT
CLE 6.00 -  VA
CLE 6.00 -  VT
CLE 6.00 -  WA
CLE 7.00 -  WI
CLE 7.20 -  WV
CLE 6.00 -  WY

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 7.00 -  AZ
CPE for Accountants 7.00 -  NY*
CPE for Accountants 7.00 -  WA
CPE for Accountants 7.00 -  WI

* denotes specialty credits

October 2, 2018 in Conferences & CLE, Current Affairs, Estate Administration, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Sunday, September 30, 2018

CLE on Inherited IRAs in Estate Planning

CLEThe National Business Institute is holding a teleconference entitled, Inherited IRAs in Estate Planning, on Wednesday, November 28, 2018 at 9:00 a.m. to 10:30 a.m. Central. Provided below is a description of the event.

Program Description

Make the Best Use of Inherited IRAs

Clarify IRA rollover and minimum distribution rules to help your clients maximize the benefit of inherited IRAs after the Clark decision. Get practical solutions to new and common problems and learn why and how to draft an IRA trust. Register today!

  • Clarify required minimum distribution rules and find the best ways to comply.
  • Determine whether an IRA trust is a wise choice for your clients.
  • Find out how to resolve multiple beneficiary challenges.

Who Should Attend

This legal guide is designed for attorneys. It will also benefit accountants, CPAs, trust officers, and paralegals looking to increase their knowledge of IRA rollover rules.

Course Content

  • SCOTUS Clark v. Rameker Decision on Inherited IRAs
  • Implications for Inherited IRAs in Non-Bankruptcy Cases
  • Rollover Rules and Tactics
  • Recent IRA Guidance on Inherited IRAs
  • IRA Required Minimum Distribution Rules
  • Multiple Beneficiaries: Problems and Solutions
  • IRA Trusts

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 1.50 -  AK
CLE 1.50 -  AL
CLE 1.50 -  AR
CLE 1.50 -  AZ
CLE 1.50 -  CA
CLE 2.00 -  CO
CLE 1.50 -  CT
CLE 1.50 -  DE
CLE 2.00 -  FL
CLE 1.50 -  GA
CLE 1.50 -  HI
CLE 1.50 -  IA
CLE 1.50 -  ID
CLE 1.50 -  IL
CLE 1.50 -  IN
CLE 1.50 -  KS
CLE 1.50 -  KY
CLE 1.50 -  LA
CLE 1.50 -  ME
CLE 1.50 -  MN
CLE 1.80 -  MO
CLE 1.50 -  MP
CLE 1.50 -  MS
CLE 1.50 -  MT
CLE 1.50 -  NC*
CLE 1.50 -  ND
CLE 1.50 -  NE
CLE 1.50 -  NH
CLE 1.80 -  NJ
CLE 1.50 -  NM
CLE 1.50 -  NV
CLE 1.50 -  NY*
CLE 1.50 -  OH
CLE 2.00 -  OK
CLE 1.50 -  OR
CLE 1.50 -  PA
CLE 1.50 -  RI
CLE 1.50 -  SC
CLE 1.50 -  TN
CLE 1.50 -  TX*
CLE 1.50 -  UT
CLE 1.50 -  VA
CLE 1.50 -  VT
CLE 1.50 -  WA
CLE 1.50 -  WI
CLE 1.80 -  WV
CLE 1.50 -  WY

Continuing Professional Education for Accountants

Credit Hrs State
CPE for Accountants 1.50 -  AZ
CPE for Accountants 1.50 -  NY*
CPE for Accountants 1.50 -  WA
CPE for Accountants 1.00 -  WI

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 1.50 *

* denotes specialty credits

September 30, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Non-Probate Assets | Permalink | Comments (0)