Agenda

Registration:                    8:00 – 8:30 am

Morning Session:             8:30 am – 12:30 pm

Lunch (On your own):       12:30 – 1:30 pm

Afternoon Session:           1:30 – 5:00 pm

Federal Tax Law and Its Impact on Planning          J. Elston- Brondell

   Overview of 2010 and 2012 transfer tax legislation

   Portability of exemptions between spouses

Fundamentals of Estate Planning          J. Elston- Brondell

   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          T. Merritt

   Basics of the federal gift tax system

   Gift tax discount planning techniques

   Estate freeze techniques

Retirement Asset Planning         M. Rehbein

   Minimum distribution rules

   Beneficiary designations

   Common estate planning strategies

   Ethics in retirement asset planning

Generation Skipping Transfer Tax (GSTT) Planning          C. Abrams

   Defining terms and assigning generations

   Taxable transfers and exemptions

   Inclusion ratio

   Application of GSTT to trusts

Advanced Gifting Strategies and Testamentary Planning          C. Abrams

   Advanced trusts, annuities and other instruments

   Testamentary tax planning for married couples

   Advanced generation-skipping and estate tax reduction planning

Business Succession Planning and Planning with Family Limited Partnerships          B. Larson

   Using buy-sell agreements

   Using family limited partnerships

   Valuing business and partnership interests

Asset Protection Planning and Charitable Planning          B. Larson

   Integrating asset protection with estate planning

   Charitable tax planning vehicles

Case Study: Succession Planning for Charlie and Sally Jones          B. Larson

   Achieving planning goals: preserving cash flow,
     reducing tax liability, preserving liquidity, and protecting assets

Credits

Accountants
     8.0 CPE Hours

Attorneys
     7.0 Minnesota CLE Hours
     8.0 Wisconsin CLE Hours

IRS Enrolled Agents
     8.0 CE Hours

Certified Financial Planners
     8.0 CE Hours

Continuing Education Credit Information

This seminar is open to the public. The Minnesota Board of Accountancy accepts sponsors listed on the NASBA National Registry of CPE Sponsors. This intermediate-level course offers up to 8.0 CPE credits in the area of taxes. A basic understanding of trusts and estates is beneficial for this program and no advance preparation is required.

HalfMoon Education 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.

The Minnesota State Board of CLE has approved this course for 7.0 standard CLE hours for attorneys. The Wisconsin Board of Bar Examiners has approved this course for 8.0 CLE hours.

This program qualifies for 8.0 approved hours of continuing education credit for enrolled agents under Treasury Department Circular #230.

Foxmoor Continuing Education, a division of 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.

Speakers

Caitlin Abram

Partner, Faegre, Baker, Daniels LLPMs. Abram is a partner in the Wealth Management Department of Faegre Baker Daniels LLP in Minneapolis. She represents clients in complex trust and estate transactional and litigation matters. Her experience includes decanting, non-judicial agreements and other techniques for estate and business succession planning, taking into account non-tax considerations as well as the impact of estate, gift and generation-skipping transfer taxes. Ms. Abram also provides risk management advice and represents fiduciaries and beneficiaries in complex trust disputes, will contests, and reformation and construction actions. Additionally, she has extensive experience in negotiating and preparing settlement documents. She received her A.B. degree in Communication Studies and Italian from the University of Michigan and her J.D. degree from Columbia Law School. Ms. Abram recently moved back to Minnesota after spending nine years in Illinois. She is in the process of becoming admitted to the Minnesota Bar, but is not yet admitted to practice in Minnesota.

Jennifer Elston-brondell

Regional Account Executive, Trust Point, Inc.Trust Point, Inc. provides corporate trustee services for personal trusts, as well as investment management. Anative of Omaha, Nebraska, Ms. Elston-Brondell attended the College of St. Benedict in St. Joseph, Minnesota. After graduating magna cum laude with a degree in Psychology, she worked with chemically-dependent adolescents before attending law school at William Mitchell College of Law. After obtaining her Juris Doctorate degree, Ms. Elston-Brondell worked in private practice for ten years as an estates and trusts attorney. While in private practice she worked on a wide range of estate plans, including farm and business succession planning, charitable trusts, and probate and trust administration. She also has a unique interest in special needs planning and is a member of the Down Syndrome Association of Minnesota. Ms. Elston-Brondell also a member of the Twin Cities Estate Planning Counsel and the Financial Planning Association of Minnesota.

Brett M. Larson

Shareholder, Messerli & Kramer P.A.Mr. Larson is a shareholder in the corporate and estate planning group who focuses his practice in the areas of corporate organization and reorganization, succession planning for businesses, and estate planning and asset protection strategies for business owners and high net worth individuals. He also serves as a member of the firm’s board of directors, as chair of the firm marketing committee and as co-chair of the firm pro-bono committee. Mr. Larson leverages his experience and background as lead counsel in a broad range of complex litigation and transactional settings to guide and counsels his clients to develop sound business and legal strategies to avoid, and if necessary, be well prepared for litigation.

Terrence Merritt

Shareholder, Dougherty, Molenda, Solfest, Hills & Bauer P.A.Mr. Merritt has been in the practice of law since 1977. During that time his common thread of practice has been estate planning. Additionally, he is experienced in probate law, elder law, medical assistance, municipal law, boundary adjustment law, and mediation. He was named a Super Lawyer for Estate Planning in 2014 and 2015.

Michelle Rehbein

Partner, Stinson Leonard Street LLPMs. Rehbein counsels individuals, business owners, entrepreneurs, and executives on business and tax matters, with emphasis on estate tax and business succession issues. She designs advanced estate planning solutions for complex circumstances, including the creation and modification of trusts, family real estate management planning, life insurance planning, business transition planning, premarital planning, planning with artwork and other unique assets, and philanthropic giving. Ms. Rehbein advises fiduciaries on estate and trust administration matters, and she represents beneficiaries in enforcing their rights in estates and trusts. She represents taxpayers before the Internal Revenue Service in examinations of gift and estate tax returns. Ms. Rehbein earned her J.D. degree, magna cum laude, from the University of Minnesota.