Estate Planning in Depth
Why Attend?
• Intensive, interactive classroom experience complemented by opportunities to learn informally after hours from faculty and fellow registrants at the reception, the picnic supper, evenings at the Student Union, and more!
• Comprehensive study materials—typically 1,200 pages or more – are among ALI-ABA’s best!
• Relaxed campus environment helps make learning fun, plus an affordable housing and meal package keeps costs low
• Half-day Sunday primer brings less experienced practitioners up to speed
• Lawyers from across the country share ideas with one another over the course of six days
What You Will Learn
Presented at an advanced level and comprising more than 36 hours of instruction, this annual course of study considers significant aspects of estate planning. This year’s areas of concentration include:
• Transferring Wealth During Life Without Gift Tax
• Sales to Grantor Trusts, with Forms
• Charitable Income Tax Deduction: Advanced Issues
• Charitable Split-Interest Transfers: In-Depth Planning
• Planning for Retirement Benefits
• Life Insurance in Estate Planning: What’s New and What’s Left?
• Planning for Noncitizens Residing in the United States
• Post-Mortem Planning with Disclaimers, with Forms
• Fiduciary Principles of Trust Investments
• Administering Discretionary Trusts, with Forms
• Amending, Decanting, and Judicially Modifying Irrevocable Trusts
• Strategies for Paying Estate and Gift Taxes
• Drafting Tax Apportionment Clauses
• Income and Transfer Tax Aspects of Settlements
• Premarital Agreements
• Asset Protection Planning
• Special Needs Trusts
• Working with Incapacitated and Impaired Clients
• Ethics Issues for Estate Planners (two hours)
• Estate Planning for the Next Generation
Who Should Attend
The daytime sessions Monday through Friday are designed for lawyers with more than basic experience in estate planning. Practitioners lacking a foundation knowledge of trusts and estates or wealth transfer taxation or who have a limited background in estate planning may benefit by careful preparation for every session, but basic material is addressed in the classroom sessions only as necessary to provide background for advanced understanding of more complex matters. The course also features an optional Sunday afternoon overview session (at no additional charge) on wealth transfer taxation principles.
Time is reserved throughout the program to address registrants’ questions.
Planning Chairs
M. Read Moore, McDermott Will & Emery LLP, Chicago
Nancy G. Henderson, Henderson, Caverly, Pum & Charney LLP, Rancho Santa Fe, California
Faculty
Stuart C. Bear, Chestnut & Cambronne, P.A., Minneapolis
John F. Bergner, Winstead PC, Dallas
Lawrence Brody, Bryan Cave LLP, St. Louis
William R. Burford, McDermott, Will & Emery LLP, Los Angeles
Stephanie B. Casteel, King & Spalding LLP, Atlanta
Christopher P. Cline, Wealth Management Director, Wells Fargo Bank, N.A., Portland, Oregon
Derek L. Fletcher, Winstead PC, Dallas
Lawrence P. Katzenstein, Thompson Coburn LLP, St. Louis
Tye J. Klooster, Katten Muchin Rosenman LLP, Chicago
Julie K. Kwon, Philanthropic Advisor, Stanford University, Stanford, California
Sheryl G. Morrison, Gray Plant Mooty, Minneapolis
Jeffrey N. Pennell, Richard H. Clark Professor of Law, Emory University School of Law, Atlanta
Mark S. Poker, Michael, Best & Friedrich, LLP, Waukesha, Wisconsin
Philip J. Sullivan, Henderson Caverly Pum & Charney LLP, Rancho Santa Fe, California
Steven E. Trytten, Anglin, Flewelling, Rasmussen, Campbell & Trytten LLP, Pasadena, California
ALI-ABA Staff Attorney: Alexander Hart, Director Emeritus, Office of Courses of Study
REGISTRATION
800-CLE-NEWS—WWW.ALI-ABA.ORG
Tuition entitles registrants to admission to all sessions (including the optional session on Sunday), a set of study materials, Continental breakfasts and refreshment breaks daily, a networking reception, and a picnic supper. Housing and other meals are not included (see below). Door registrations are accepted if space is available, but please call in advance to confirm availability.
PERSONS WITH DISABILITIES who need special accommodations to attend should e-mail ALI-ABA at info@ali-aba.org at least two weeks in advance.
Program Schedule
SUNDAY, JUNE 14, 2009
1:00 p.m. Early Registration, Wisconsin Law Alumni Association Student Commons, Second Floor, University of Wisconsin Law School, 975 Bascom Mall
2:00 p.m. Optional Session: Overview of Wealth Transfer Taxation - Mr. Sullivan
3:45 p.m. Refreshment Break
4:00 p.m. Overview of Wealth Transfer Taxation (continued)
6:00 p.m. Adjournment for the Day
MONDAY, JUNE 15, 2009
7:00 a.m. Registration and Continental Breakfast, Wisconsin Law Alumni Association Student Commons, Second Floor, University of Wisconsin Law School, 975 Bascom Mall
8:00 a.m. Introductory Remarks and Course Overview
8:15 a.m. Practical Estate Planning for Noncitizens Who Reside in the United States - Mr. Moore
10:00 a.m. Refreshment Break
10:15 a.m. Asset Protection Planning - Mr. Poker
12:00 noon Lunch Break
1:30 p.m. Fiduciary Principles of Trust Investments, with Emphasis on the Prudent Investor Rule and Trust Investments in Life Insurance - Mr. Cline
3:15 p.m. Refreshment Break
3:30 p.m. Fiduciary Principles of Discretionary Trust Distributions, Including Forms - Messrs. Cline and Moore
5:15 p.m. Adjournment for the Day; Networking Reception for Registrants and Faculty
TUESDAY, JUNE 16, 2009
7:30 a.m. Continental Breakfast
8:00 a.m. Renegotiating the Irrevocable Trust: Amending, Decanting, and Judicially Modifying - Mr. Burford
9:45 a.m. Refreshment Break
10:00 a.m. Strategies for Paying Estate Taxes and Gift Taxes - Mr. Klooster
11:45 a.m. Lunch Break
1:15 p.m. Special Needs Trusts and Working with Incapacitated and Impaired Clients - Mr. Bear
3:00 p.m. Refreshment Break
3:15 p.m. Premarital Agreements - Ms. Casteel
5:00 p.m. Adjournment for the Day
WEDNESDAY, JUNE 17, 2009
7:30 a.m. Continental Breakfast
8:00 a.m. In-Depth Planning for Charitable Split-Interest Transfers - Mr. Katzenstein
9:45 a.m. Refreshment Break
10:00 a.m. Lifetime Wealth Transfers Without Gift Tax: Grantor Trusts, GRATs, and Charitable Lead Trusts - Mr. Katzenstein
11:45 a.m. Lunch Break
1:15 p.m. Sales to Grantor Trusts - Messrs. Bergner and Fletcher and Ms. Henderson
3:15 p.m. Refreshment Break
3:30 p.m. Post-Mortem Planning with Disclaimers - Ms. Henderson
5:15 p.m. Adjournment for the Day
6:30 p.m. Picnic at Lake Mendota for Registrants and Faculty
(included in course tuition)
THURSDAY, JUNE 18, 2009
7:30 a.m. Continental Breakfast
8:00 a.m. Estate Planning for Retirement Benefits - Mr. Trytten
9:45 a.m. Refreshment Break
10:00 a.m. Estate Planning for Life Insurance: What's New and What's Left? - Mr. Brody
11:45 a.m. Lunch Break
1:15 p.m. Charitable Income Tax Deduction: Advanced Issues - Ms. Morrison
3:00 p.m. Refreshment Break
3:15 p.m. Ethics Issues for Estate Planners - Professor Pennell
5:15 p.m. Adjournment for the Day
FRIDAY, JUNE 19, 2009
7:30 a.m. Continental Breakfast
8:00 a.m. Tax Apportionment - Professor Pennell
9:00 a.m. Refreshment Break
9:15 a.m. Estate Planning for the Next Generation - Professor Pennell
10:15 a.m. Refreshment Break
10:30 a.m. Income and Transfer Tax Aspects of Settlements - Ms. Kwon
12:15 p.m. Adjournment
Total 60-minute hours of instruction: 36.25, including 2 hours of ethics (including the optional overview session on Sunday)
Suggested Prerequisite: Experience in legal practice in the subject matter; knowledge of the tax and property laws involved in wealth transfers
Educational Objective: Acquisition of knowledge and skills to develop proficiency as an estate planner; maintenance of professional estate planning competence; provision of information on recent legal developments
Level of Instruction: Advanced
Here's what registrants have said about this course:
The best estate planning program I have attended in over 30 years. I wish I had discovered it long ago. Professor Pennell is, simply, the best instructor I have ever had the privilege of learning from.--George L. Kiskunas, Virchow Krause & Co LLP, Janesville, WisconsinThis was my first experience with ALI-ABA and it has been great. The campus is lovely, the program diverse and the faculty very friendly. I also really appreciate the ability to mingle with attorneys from other states and the hospitality has been great, too.--Rebecca Gardner, McDonough Holland & Allen PC, Sacramento, CaliforniaThis was a very helpful conference for those of us in the non-profit planned giving area. I am dealing with collateral estate planning issues all the time with our donors, and this conference will help me with these in many areas.--Jonathan P. Siner, Lyric Opera ChicagoThis was a very well run program in all respects. The presentations and content of written material were excellent. The dorm accommodations were a great place to meet colleagues and were surprisingly nice. I would stay in the dorm again. Madison is a great location to have a seminar with the hiking/biking/running trails, many restaurants within easy walking distance and the beautiful lakes. The on-site course administration was excellent. The networking event, snacks, drinks, etc. were very good. It was very easy to get to know other attendees. I hope to come to another ALI-ABA CLE in Madison. It has been well worth the travel, time, and expense.The dorm accommodations were outstanding and very economical. The residence hall food was great—delicious, healthy and lots of choices.The course was very informative. While I have been practicing for several years, I recently changed to the estate planning practice area. I feel the course has helped me come up to speed in a variety of areas. The materials are an excellent source to return to as the information is pieced together. Madison is a great city (my first time here). I would not hesitate to recommend the course to colleagues, nor will I hesitate to take another ALI-ABA course. Keep up the good work!I thought the program was very well done, well structured, and topic coverage was great and at the perfect level for my estate planning practice expertise.
