2016 Estate, Tax, Legal and Financial Planning Annual Seminar 

The seminar offered 7 hours of continuing education credits to Attorneys, CPAs, CFPs and CTFAs.

This past event's topics and speakers are listed below.


18th Annual Estate, Tax, Legal & Financial Planning Seminar

Session 1

Recent Developments and Planning for Income Tax, Charitable, and IRA Arrangements
Howard M. Zaritsky, J.D., LL.M.

This presentation discusses the past year’s legislation, regulations, revenue rulings, revenue procedures, appellate court decisions, tax court regular cases, selected private rulings, selected technical advice memoranda, selected district court and selected tax court memorandum decisions relating to the income tax aspects of estate planning with particular emphasis on the new basis rules for estates and their beneficiaries, charitable giving cases, grantor trust cases, and cases on the taxation of retirement plan distributions.

Session 2

Recent Developments and Estate Tax Planning
Howard M. Zaritsky, J.D., LL.M.

This presentation reviews the same categories of decisions relating to estate, gift, and generation-skipping transfer taxes, special valuation rules of chapter 14, and income tax matters relating to estate planning.

Session 3

Fundamentals and Planning for the Income Taxation of Estates and Trust and Fundamentals
Jonathan G. Blattmachr, J.D.

This presentation will cover some fundamentals and fine points of the income taxation of estates, trusts and their beneficiaries.  It will discuss the development and importance of distributable net income (DNI), including some "secrets" about it, some peculiar aspects of the charitable deduction allowed to an estate or trust, and several important factors of post-mortem planning involving income taxation.

Fundamentals, Fine Points, and Innovative Strategies for Life Insurance and the Use Thereof
Jonathan G. Blattmachr, J.D.

This presentation will cover some basic and sophisticated points of life insurance including explaining three magical things life insurance uniquely offers.  It will discuss why life insurance is the least understood commonly used financial product, how to reduce the cost of acquiring and keeping life insurance and how to retain an interest in the cash value of life insurance without causing the proceeds to be included in the gross estate of the insured.

Session 4

Elective Share, Marital Despair, and Making Sure that Uncle Same Doesn’t Get More than His Share
Lauren Y. Detzel, J.D.

Even though the revised elective share statute has been in effect for over 15 years, there are still many misconceptions about how it works.  This presentation will discuss a number of difficult elective share questions (e.g. valuation issues, contingent elective share trusts, attorney's fees and waiver provisions), consider pending proposals for changes in the elective share statute, the interplay between the homestead provisions and the elective share, and the impact of divorce on certain other estate planning techniques.

Session 5

Benefit of the Beneficiary: How Trustees Must Serve Their Beneficiaries
Professor Lee-ford Tritt, J.D., LL.M.

There has long been tension between the dual goals of effectuating settlor’s intent and protecting the interests of beneficiaries. Historically the law has favored the settlor; recently the Uniform Trust Code and the Restatement (Third) of Trusts endorsed and codified “the benefit-of-the beneficiary rule.” This is a mandatory, non-waivable requirement that a “trust and its terms must be for the benefit of its beneficiaries.” Seemingly innocuous, this rule will have a real impact on estate planning—including implications concerning conditional gifts, investment directives and spend thrift provisions. This presentation will examine the evolution, codification and implications of the so-called benefit-of-the-beneficiary rule and engage the audience in discussion.

Session 6

Bankruptcy, Creditor Protection and Fraudulent Transfers in the Context of Estate and Financial Planning
Michael C. Markham, J.D.

This session will address how bankruptcy law, asset protection and fraudulent transfers can impact estate and financial planning, including exemptions, tenants by the entireties, homestead issues, and fraudulent transfer issues under both state and bankruptcy law.


18th Annual Estate, Tax, Legal & Financial Planning Seminar
Don't hesitate to contact us at 727-767-4199 if you have any questions.