Planning Techniques for Large Estates
Why Attend?
The purpose of the course is to examine sophisticated issues that practicing lawyers actually face. Each topic has a lecturer/discussion leader who is responsible for covering the most important aspects of the subject matter and for presenting and discussing the issues and alternative approaches. Registrants are encouraged to participate actively in the discussion of the problems. Because of the limited enrollment and the degree of expertise of the registrants, the format offers an exciting educational experience. It gives registrants an opportunity to trade and discuss ideas with their peers, under the supervision and guidance of highly skilled faculty members.
What You Will Learn
This course deals with the most sophisticated problems and considerations in planning large estates. In order to attain this objective, on-site enrollment is limited to 60 registrants.
The topics selected represent the most difficult challenges in the planning of large estates. The discussions are conducted on a transactional basis, with emphasis on changing factual patterns rather than on bare principles of law or statutory provisions. Registrants should come prepared to enter into active discussion with their peers and with the discussion leaders.
Planning Chairs
Malcolm A. Moore, Davis Wright Tremaine LLP, Seattle
Mervin M. Wilf, Philadelphia and Cambridge, Massachusetts
Faculty
Byrle M. Abbin, Managing Director, Wealth and Tax Advisory Services, Inc., McLean, Virginia
Steve R. Akers, Managing Director, Bessemer Trust Company, Dallas
Ronald D. Aucutt, McGuireWoods LLP, McLean, Virginia
Susan T. Bart, Sidley Austin LLP, Chicago
Carol Cantrell, Briggs & Veselka Co., Bellaire, Texas
Virginia F. Coleman, Ropes & Gray LLP, Boston
S. Stacy Eastland, The Goldman Sachs Group Inc., Houston
Paul N. Frimmer, Irell & Manella LLP, Los Angeles
Lawrence P. Katzenstein, Thompson Coburn LLP, St. Louis
M. Read Moore, McDermott Will & Emery LLP, Chicago
Richard W. Nenno, Managing Director and Trust Counsel, Wilmington Trust Company, Wilmington, Delaware
Duncan E. Osborne, Osborne, Helman, Knebel & Deleery, L.L.P., Austin, Texas
Jeffrey N. Pennell, Richard N. Clark Professor of Law, Emory University School of Law, Atlanta
Charles L. Ratner, Ernst & Young LLP, Cleveland
Bruce S. Ross, Holland & Knight LLP, Los Angeles
R. Eric Viehman, Vinson & Elkins LLP, Houston
Program Schedule
MONDAY, NOVEMBER 16, 2009
7:30 a.m. Registration and Networking Session
WEBCAST SEGMENT A
8:30 a.m. Special Problems in Estate Planning for the Second Marriage - Ms. Coleman
9:30 a.m. State Income Taxation of Trusts and What You Can Do About It - Ms. Coleman
10:00 a.m. Networking Break
10:15 a.m. Asset Protection Trust Planning - Mr. Osborne
11:45 a.m. Lunch Break
WEBCAST SEGMENT B
1:15 p.m. Charitable Planning Techniques, Including Donor-Advised Funds - Mr. Frimmer
3:00 p.m. Networking Break
3:15 p.m. Perpetual Dynasty Trusts: Tax Planning and Jurisdiction Selection Planning and Defending Domestic Asset-Protection Trusts - Mr. Nenno
5:00 p.m. Adjournment for the Day
TUESDAY, NOVEMBER 17, 2009
7:30 a.m. Networking Session
WEBCAST SEGMENT C
8:00 a.m. Life Insurance in Estate Planning: Products and Strategies - Mr. Ratner
10:00 a.m. Qualified Plan and IRA Distributions: The Need To Customize IRAs; Benefits of Using Separate Accounts - Mr. Wilf
11:00 a.m. Networking Break
11:15 a.m. Current Issues in Generation - Skipping Tax Planning - Mr. Viehman
1:15 p.m. Lunch Break
WEBCAST SEGMENT D
2:15 p.m. Family Limited Partnerships: Current Status and New Opportunities - Mr. Eastland
3:45 p.m. Networking Break
4:00 p.m. Ethical Issues in Practice: Important Fiduciary Litigation - Mr. Ross
5:30 p.m. Adjournment for the Day
WEDNESDAY, NOVEMBER 18, 2009
7:30 a.m. Networking Session
WEBCAST SEGMENT E
8:00 a.m. Legislative Outlook - Mr. Aucutt
8:30 a.m. Valuation Issues and Related Recent Cases and Current Issues - Messrs. Abbin, Akers, Aucutt, and Eastland
10:00 a.m. Networking Break
10:15 a.m. Valuation Issues (continued)
11:45 a.m. Lunch Break
WEBCAST SEGMENT F
12:45 p.m. Postmortem Planning Considerations, Including Liquidity Problems, Special Valuation of Property Problems, Disclaimers, and Planning for Section 6166 Payments - Mr. Akers
2:45 p.m. Networking Break
3:00 p.m. GRITs, GRATs, GRUTs, SCINs, and Private Annuities - Mr. Katzenstein
3:45 p.m. Use of Time-Value-of-Money Concepts for Estate Planning Purposes - Mr. Katzenstein
4:45 p.m. Adjournment for the Day
THURSDAY, NOVEMBER 19, 2009
7:30 a.m. Networking Session
WEBCAST SEGMENT G
8:00 a.m. Compliance Issues, Including Circular 230 and the Gift Tax Statute of Limitations - Mr. Aucutt
9:45 a.m. Income Tax Problems When the Estate or Trust Is a Partner - Ms. Cantrell
10:45 a.m. Networking Break
11:00 a.m. Estate Planning and Administration for S Corporations - Ms. Cantrell
12:00 noon Installment Sales to Grantor Trusts - Mr. Aucutt
12:45 p.m. Lunch Break
WEBCAST SEGMENT H
2:00 p.m. Tax and Estate Planning for Clients with Foreign Property - Mr. Read Moore
3:30 p.m. Networking Break
3:45 p.m. No Taxpayer Left Behind: Tax-Wise Techniques for Funding Education - Ms. Bart
5:30 p.m. Adjournment for the Day
FRIDAY, NOVEMBER 20, 2009
7:30 a.m. Networking Session
WEBCAST SEGMENT I
8:00 a.m. Transfers to Spouse, Both Lifetime and Testamentary; Tax Payment Provisions and Equitable Apportionment - Professor Pennell
10:15 a.m. Networking Break
10:30 a.m. Transfers to Spouse (continued)
12:00 noon Adjournment
Total 60-minute hours of instruction: 33.25, including 1.5 hours of ethics
Suggested Prerequisite: Extensive expertise in subject matter
Educational Objective: Development of proficiency in performance of intricate and complex tasks within a narrow area
Level of Instruction: Advanced
Here's what registrants have said about this course:
"This is a very good course and serves as a good reminder (in some cases) and a good lesson (in other cases) on the general state of the law and traps for the unwary." -- April 2008 registrant
"This conference is, by far, the best advanced estate planning course I have attended. The fact that there is no drafting makes it entirely relevant for non-attorneys (CPAs and CFPs) as well as attorneys looking to enhance their technical expertise." -- Grace B. Ghezzi, Benefit Consulting Group, Inc., Syracuse, NY (April 2008 registrant)
"Excellent program! The speakers and materials were informative, practical and topical." -- Dominic Ciarimboli, Greensburg, PA (Nov. 2007 registrant)
"I will be back next year. After attending very large conferences, this is like heaven on earth." -- Kevin L. Von Tungeln, Thompson Von Tungeln, Lancaster, CA (Nov. 2007 registrant)
"Please do not change the informal nature of the course. The presenters’ interaction with the participants often produced more light than heat. It is this interaction that makes this the best course I’ve attended." -- April 2007 registrant
"This is a great course – good level of detail and sophistication in most presentations. Great materials!" "An outstanding conference in every respect!!"
"This was a very well organized course. All of the speakers were excellent. The materials are an excellent take-away; they will provide a good reference for me in my work. I hope to return in future years."
"The informal panel discussions were very valuable in gaining insight into the thoughts of the presenters. This was a great program, and I am glad that I attended."
