Advanced Estate Planning Practice Update - Fall 2006
What You Will Learn
For practitioners whose experience is at an intermediate (or higher) level, this three-hour update offers an opportunity to explore the most current and important issues in estate planning and wealth transfer taxation. Similarly experienced accountants and fiduciaries also may find the program to be useful to their practices.
Topics are selected with emphasis on identifying and solving problems that practitioners will confront in their practice. Any reporting on changes in the law or regulations analyzes what to do with or about the changes — what documents or planning are affected — and not merely describes them. The roundtable discussion stresses how to bring about desired results, examining alternatives that the featured practitioners are using or have rejected — and why — as well as when and why particular procedures or choices are appropriate. Those attending learn how to improve practice opportunities and skills and adopt new drafting approaches.
Registrants are encouraged to send questions for the faculty panel in advance of the program, so that these may be integrated into the discussion. Because of late-breaking developments, accompanying written materials supplement the discussions, rather than provide extensive outlines on every topic.
Planning Chairs
Jeffrey N. Pennell, Richard H. Clark Professor of Law, Emory University School of Law, Atlanta
Faculty
Steve R. Akers, Managing Director, Bessemer Trust, Dallas
Lawrence P. Katzenstein, Thompson Coburn LLP, St. Louis
Julie K. Kwon, McDermott Will & Emery LLP, Chicago
Kathleen R. Sherby,Bryan Cave LLP, St. Louis
Program Schedule
- PROGRAM TOPICS
- Updated in August*, this list is a work in progress. Other important topics may supplement or supersede these, depending upon further developments.
- · Legislative Update*
- · U.S. Treasury Priority Plan for 2006-2007*
- · Kohler — Valuation and Burden of Proof*
- · Smith — Jury Trial Sets Value*
- · ILM 200627023 §6166 Security/Lien Rules*
- · Tax Apportionment: Williams/Dehgani/Eriksen*
- · Pension Protection Act of 2006: IRA Changes and Charitable Giving Changes*
- · ILM 200628026 CRUT Disqualified*
- · ILM 200631006 NIMCRUT Renunciation*
- · Property Settlement Discovery Requests*
- · The Permanent Estate Tax Relief Act of 2006 (PETRA), H.R. 5638 — if adopted
- · Rosen: IRS Wins Latest FLP Decision
- · Huber: Valuation for Buy-Sell Agreements
- · Buder: Equitable Recoupment
- · Revenue Ruling 2006-34: §6166 Safe Harbors
- · Private Letter Ruling 200618001 GST Ruling Regime
- · Maryland Insurable Interest Legislation
- · Interest Sensitive Planning with Higher Rates
- · Marital Planning in Uncertain Times
- · Intentionally Defective Grantor Trusts
- · Does a §675(4)(C) Swap Power Cause §2036(a) Inclusion?
- · Patenting Estate Planning Ideas
Total 60-minute hours of instruction: 3
Suggested Prerequisite: Substantial experience in legal practice in subject matter.
Educational Objective: Maintenance of professional competence as a practitioner; provision of information on recent legal developments; development of proficiency in performance of intricate and complex legal tasks within a narrow area.
Level of Instruction: Intermediate or higher
