Summer Tax and Estate Planning Seminar!

Overview

On August 13-14 Washburn University School of Law along with co-sponsors Kansas State University Department of Agricultural Economics and WealthCounsel, LLC will be conducting the 2019 National Summer Farm Income Tax/Estate and Business Planning Conference in Steamboat Springs, CO. This is a great opportunity for practitioners with agricultural clients as well as agricultural producers to get two days of in-depth education/training on issues that impact the agricultural sector.

The Steamboat Springs seminar, it’s the topic of today’s post.

Speakers and Agenda

This is the 15th summer that I have been conducting a national event, with that first one held in beautiful Ely, Minnesota.  Sometimes there is more than one during the summer, with the event usually held at a very nice location so that attendees can enjoy the area with their families if they choose to do so.   This summer is no exception.  Steamboat Springs is a lovely place on the western side of the Rocky Mountain National Park.

The speakers this year in addition to myself are Paul Neiffer, Stan Miller and Timothy O’Sullivan.  Paul has taught with me for several years at this event (and others) and many of you are familiar with him.  Stan is a partner in a law firm in Little Rock, Arkansas and the founder of WealthCounsel, LLC.  Stan will be speaking on the second day and will be addressing the necessary planning steps to assist farm and ranch families keep the business going into the future.  Also, on the Day 2, Tim O’Sullivan will provide the key details on long-term care planning, and dealing with family disharmony and its impact on the tax and estate planning/business succession planning process.  Tim has an extensive estate planning practice with Foulston Siefkin, LLP in Wichita, Kansas.  He is particularly focused and has expertise in the areas of Elder Law and Trusts and Estates. 

On the first day, Paul and myself will go through the current, key farm income tax issues.  Of course, the I.R.C. §199A deduction will be a big topic.  Just a couple of weeks ago, the Treasury released the draft proposed regulations on how the deduction applies in the context of agricultural/horticultural cooperatives and patrons.  We will take a deep dive into that topic, for sure.  Many questions remain.  We will also numerous other topics and provide insight into discussions in D.C. on specific issues and the legislative front.  It will be a full day. 

You can see the full agenda here:  http://washburnlaw.edu/employers/cle/farmandranchtax.html

Accommodations

The event will be held at the beautiful Steamboat Grand Hotel.  A roomblock is established for the conference.  Information on the hotel can be found here:  https://steamboatgrand.com/ For those brining families, there are many sights to see and places to visit in the town and the surrounding area. 

Registration

You can register for both days or just a single day.  Also, the conference is live streamed in the event you are not able to attend in person.  Just click on the conference link provided above to learn more.  You can register here:  http://washburnlaw.edu/employers/cle/farmandranchtaxregister.html

Additional Opportunity

On Monday, August 12 I will be participating in another conference at the Steamboat Grand Hotel focusing on conservation easements.  That event is sponsored by several land trusts.  Contact me personally about that conference if you are interested in learning more.

Conclusion

I hope to see you in Steamboat Springs next month!  If you can’t attend in person, we trust you will benefit from watching the live presentation online.