Agenda
Registration: 8:00 – 8:30 am
Morning Session: 8:30 am – 12:15 pm
Lunch (On your own): 12:15 – 1:30 pm
Afternoon Session: 1:30 – 5:00 pm
Federal Tax Law and Its Impact on Planning E. Scully
Overview of 2010 and 2012 transfer tax legislation
Portability of exemptions between spouses
Fundamentals of Estate Planning C. Hadad
The basics of planning for incapacity
The basics of asset transfers at death
Basics of estate and gift tax planning
Recognizing ethics issues in estate planning
Gifting Basics N. Orloff
Basics of the federal gift tax system
Gift tax discount planning techniques
Estate freeze techniques
Retirement Asset Planning C. Hadad
Minimum distribution rules
Beneficiary designations
Common estate planning strategies
Generation Skipping Transfer Tax (GSTT) Planning E. Scully
Defining terms and assigning generations
Taxable transfers and exemptions
Inclusion ratio
Application of GSTT to trusts
Advanced Gifting Strategies and Testamentary Planning E. Scully
Advanced trusts, annuities and other instruments
Testamentary tax planning for married couples|
Advanced generation-skipping and estate tax reduction planning
Using Buy-Sell Agreements C. Hadad
Reasons to establish a buy-sell agreement
Structuring terms of the agreement
Funding and coordination with the estate plan
Asset Protection Planning and Charitable Planning E. Scully
Integrating asset protection with estate planning
Charitable tax planning vehicles
Case Study: Succession Planning for Charlie and Sally Jones N. Orloff
Achieving planning goals: preserving cash flow, reducing tax liability, preserving liquidity, and protecting assets
Credits
Accountants
8.0 CPE Hours
Attorneys
6.5 Pennsylvania CLE Hours
8.0 New York CLE Hours
Certified Financial Planners
8.0 CE Hours
IRS Enrolled Agents
8.0 CE Hours
Continuing Education Credit Information
This seminar is open to the public and offers continuing education credits to accountants, attorneys, certified financial planners, and IRS enrolled agents.
This seminar offers accountants 8.0 intermediate-level CPE credit hours in the area of taxes. A basic understanding of federal taxation is recommended and no advance preparation is necessary. HalfMoon Education Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. Sponsor No. 103015.
HalfMoon Education has entered into an agreement with the New York State Board for Public Accountancy to provide CPE courses to accountants (License No. 001570). This agreement does not constitute approval of individual CPE activities.
This course is approved for 6.5 Pennsylvania CLE hours.
HalfMoon Education has been certified by the NY State CLE Board as an accredited provider of CLE programs. This traditional format course offers 8.0 Areas of Professional Practice CLE hours suitable for new and experienced attorneys.
HalfMoon Education Inc. is a CFP Board-registered continuing education sponsor. The Certified Financial Planner Board of Standards, Inc. has granted 8.0 hours of continuing education credit for the completion of this seminar.
This program qualifies for 8.0 hours of continuing education credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).Course No. NHXDT-T-00047-16-I
Attendance will be monitored, and attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.
Speakers
Charles B. Hadad
Partner with The Lynch Law Group, LLC, in Cranberry Township, PAMr. Hadad is chair of the firm’s Estates and Trusts Group and concentrates his practice in the areas of corporate and business planning, estate administration, probate, estate planning, trust administration and real estate transactions. He has broad experience advising clients in estate planning and estate administration, including preparing decedent final personal income tax returns, federal estate tax returns, Pennsylvania inheritance tax returns, federal gift tax returns, and fiduciary income tax returns for estates and trusts. Mr. Hadad has successfully represented fiduciaries in surcharge actions, defended will contests, and asserted claims on behalf of beneficiaries and other interested parties for breach of fiduciary duty in the course of estate and trust administration. Mr. Hadad is a member of the Allegheny County Bar Association Probate and Trust Section Council and the Pittsburgh Estate Planning Council.
Nicholas Orloff
Raffaele PuppioRaffaele PuppioMr. Orloff has been an associate with the Firm since 2012. His practice at the Firm focuses in the areas of estate planning, estate administration and general litigation. A majority of Mr. Orloff’s practice consists of representing various Pennsylvania administrative agencies, such as the Pennsylvania Department of Human Services and the Pennsylvania Department of Revenue. Prior to joining the Firm, from 2005 to 2010, he was an associate at the Philadelphia law firm of Stradley, Ronon, Stevens & Young, where he concentrated his practice on litigation and bankruptcy matters. From 2010 through 2012, Mr. Orloff served as an Assistant District Attorney in Delaware County, where he successfully prosecuted hundreds of criminal cases.
Erik Scully
Scully & Scully, PCScully & Scully, LLP, PittsburghMr. Scully is both an attorney and a certified public accountant. His practice is concentrated in taxation, estate planning and administration, and business matters with a particular emphasis in handling tax controversies and tax litigation at the federal, state and local levels. Mr. Scully serves on the Commonwealth of Pennsylvania’s State Board of Accountancy. He is listed in Who’s Who in American Law and is a member of the Allegheny County Bar Association (Member: Taxation Section). Mr. Scully is a member of the Pennsylvania Institute of Certified Public Accountants, a past chair of its Pennsylvania State Ethics Committee, a current member of its Speaker’s Bureau, and chair of the Committee on the Cooperation with the Bar. He is also a member of the American Association of Attorney-Certified Public Accountants, Inc. Mr. Scully is a frequent lecturer to professional groups and has authored numerous articles on legal, accounting and tax issues affecting individuals and businesses. He earned his undergraduate degree from Syracuse University and his law degree from St. Louis University.