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
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
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
8.0 CPE Hours
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.
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.
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.
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.
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.