Agenda

Registration:                        8:00 – 8:30 am

Morning Session:                8:30 am – 12:00 pm

Lunch (On your own):         12:00 – 1:00 pm

Afternoon Session:             1:00 – 5:00 pm

Understanding Estate, Gift and Trust Taxation
E. Scully

   Overview of federal estate, gift and trust taxation
   Calculating the estate tax
   General overview of trust income taxation

The Necessary Role of Testamentary Trusts in the Estate Plan
E. Scully

   Types of trusts, including testamentary trusts
   Credit shelter/bypass trusts and marital trusts
   Funding trusts and planning for state death taxes
   Choosing a trustee and situs

Irrevocable Life Insurance Trusts
T. Maier/C. Omasta

   Reasons for life insurance trusts
   Tax issues

Discount Planning with Trusts
T. Maier/C. Omasta

   Understanding IRC Chapter 14
   GRITs, GRATs, and GRUTs
   PRTs and QPRTs

Using Revocable Trusts
C. Hadad

   Characteristics and advantages/disadvantages
   Special tax issues

IRAs and Trusts: Sophisticated Beneficiary Choices
C. Hadad

   Overview and spousal rights
   Distribution rules
   The Roth IRA: a new game in town
   Qualified plans: estate planning and charitable planning options

Asset Protection Planning for Seniors and the Disabled
H. Stumpf

   Overview of government benefit programs
   Trust options
   Supplemental needs trusts

Charitable Trusts
H. Stumpf

   Charitable trust overview

Advanced Trust Planning
H. Stumpf

   Estate planning/income tax management trusts
   Trusts for minors
   Generation-skipping transfer tax
   Qualified domestic trust
   S corporation trusts
   Offshore trusts for asset protection
   Spendthrift trusts

Credits

Accountants
     8.0 CPE Hours

Attorneys
     7.0 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 and tax return preparers.

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 NationalAssociation of State Boards of Accountancy (NASBA) as asponsor 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 submittedto the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. Complaints can also be directed toDoug Chapman at doug@halfmoonseminars.org. Sponsor No. 103015.

This course is approved for 7.0 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 and other tax return preparers under Treasury Department Circular #230 Section 10.6(g).

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

Mary Corsetti

William Coulson, LLC

William Coulson, LLC, PittsburghMs. Corsetti has been practicing law since 1986. Her primary areas of practice include: comprehensive estates and trusts, including planning, administration, taxation, and Orphans’ Court litigation; civil litigation; business transactions and planning; real estate; and elder law. Her broad experience across the full-spectrum of estate and business-related practice areas has resulted in an exceptional multi-perspective approach that she applies to each client. Ms. Corsetti is a frequent contributor to industry and consumer publications and has appeared on finance-related radio shows. Additionally, she was named a 2013, 2012, 2011 and 2009 Five Star Wealth Manager by Pittsburgh Magazine and was a 2009 Athena Award Nominee. Ms. Corsetti is a member of the Allegheny County Bar Association’s Probate and Trust Law Section and the National Academy of Elder Law Attorneys. She also serves as an adjunct instructor with Duquesne University’s John F. Donahue Graduate School of Business. Ms. Corsetti earned her J.D. degree from the University of Pittsburgh School of Law.

Charles B. Hadad

Partner with The Lynch Law Group, LLC, in Cranberry Township, PA

Mr. 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.

Tracey Maier

William Coulson, LLC, Pittsburgh

William Coulson, LLC, PittsburghMs. Maier focuses her practice on estate planning, litigation, entity formation, and general corporate and business matters. Her secondary focus is estate administration. She was licensed to practice law in 2002. Complementing her current practice areas, she is also a notary and a member of The Pennsylvania Association of Notaries (PAN). She is admitted to practice law in Pennsylvania. Ms. Maier received her law degree, magna cum laude, from the University of Pittsburgh School of Law, where she was a Note and Comment Editor of the Journal of Law and Commerce and a member of the Order of the Coif. Ms. Maier also received an M.B.A. degree from the Joseph M. Katz Graduate School of Business and earned a bachelor’s degree, summa cum laude, in business and mathematics from the University of Pittsburgh.

Cory Omasta

Williams Coulson, LLC, Pittsburgh

Williams Coulson, LLC, PittsburghMr. Omasta is an associate at Williams Coulson and practices in the areas of tax controversy, tax planning, business succession planning, estate planning, and general corporate law matters. He received his law degree from the University of Pittsburgh School of Law where he was Lead Executive Editor of the Journal of Law & Commerce. During law school, he clerked for Williams Coulson. Mr. Omasta received his bachelor of science degree in Business Administration in accounting, magna cum laude, from Duquesne University.

Erik Scully

Scully & Scully, PC

Scully & 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.

Heather Stumpf

Clark Hill, PLC

Clark Hill, PLC, PittsburghMs. Stumpf is a senior attorney in Clark Hill’s Personal Legal Services Practice Group. She focuses her practice on estate and trust planning and administration, probate and tax-exempt organizations. She advises her clients on the various complexities of estate and trust documents, including special and supplemental needs trust provisions, planned giving, tax planning implications and the division of assets. Her experience also includes obtaining tax-exempt status for nonprofit organizations, forming private foundations and preparing prenuptial agreements. Ms. Stumpf utilizes her experience acting as a corporate fiduciary to support individuals and families with retirement planning and multi-generational wealth transfer.