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
Overview of federal estate and gift taxation
Calculating the estate tax
Overview of trust taxation
Examining estate, gift and GST rates and exemptions
The Necessary Role of Testamentary Trusts in the Estate Plan
Purposes and features of trusts, including testamentary trusts
• Credit shelter/bypass trusts
• Marital trusts and family trusts
Handling community property, choosing a trustee and a situs
Irrevocable Life Insurance Trusts
Purposes of life insurance trusts
Understanding related tax issues
Discount Planning with Trusts
Understanding IRC Chapter 14: gift tax only valuation rules
GRITs, GRATs and GRUTs
PRTs and QPRTs
Using Revocable Trusts
Characteristics and advantages/disadvantages of revocable trusts
Understanding related tax issues
IRAs and Trusts: Sophisticated Beneficiary Choices
General overview
Spousal rights and distribution rules
Using a trust as a plan beneficiary
Estate planning and charitable planning with qualified plans
Asset Protection Planning for Seniors and the Disabled
Overview of government benefit programs
Trust options
Planning for spouses, supplemental needs trusts
Charitable Trusts
Purpose and features of charitable remainder trusts
Understanding related tax issues
Advanced Trust Planning
Estate planning/income tax management trusts
Trusts for minors
Generation-skipping transfer tax
Qualified domestic trust, S corporation trusts
Offshore asset protection and spendthrift trusts
Credits
Accountants
8.0 CPE Hours
New York Attorneys
8.0 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. 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 specific CPE activities. This course offers 8.0 CPE hours in the subject area of taxes. Prior knowledge with trusts and taxes is beneficial, and no advance preparation for this course 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 coursesfor CPE credit. Complaints regarding registered sponsors may besubmitted to the National Registry of CPE Sponsors through its website:www.learningmarket.org. Sponsor No. 103015.
HalfMoon Education Inc. is certified by the New York State CLE Board as an Accredited Provider of CLE programs. This traditional format course offers 8.0 CLE hours, consisting 8.0 Areas of Professional Practice hours, which are appropriate 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-00049-16-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
Amy Earing
LAVELLE & FINN LLPAmy L. Earing is a partner with the law firm Lavelle & Finn, LLP, concentrating in the areas of estate planning, estate administration, elder law, corporate law, not-for-profit corporations and tax planning. Ms. Earing represents clients in New York, Massachusetts and Florida and frequently educates professional and community organizations about estate and elder law planning matters. Ms. Earing graduated magna cum laude from Siena College with a Bachelor of Business Administration in Accounting degree and received her Juris Doctor magna cum laude from Albany Law School. Ms. Earing is also a 2010 graduate of the Leadership Tech Valley program, an initiative of the Capital Region Chamber. She is a member of the Executive Committee of the New York State Bar Association’s Elder Law and Special Needs Section, as well as co-chair of Membership Services. Additionally, Ms. Earing is an Executive Board member of STRIDE Adaptive Sports, where she also serves as treasurer.
John Lavelle
LAVELLE & FINN LLPJohn H. Lavelle is a founding partner of the law firm of Lavelle & Finn, LLP. An attorney and certified public accountant, Mr. Lavelle concentrates on family business formation and tax advantaged sales; estate planning and tax reduction; drafting of wills, trusts and related documents; and income tax matters and charitable planned giving. His practice also includes estate administration and probate, family entity operations and consulting, wealth protection and preservation, and taxpayer representation for income tax, estate tax and other tax matters. Mr. Lavelle is a graduate of Bentley College in Waltham, Massachusetts, and he holds B.S. degrees in Accounting and Public Administration. He has a J.D. degree from the University of Georgia School of Law and an LL.M. degree in Taxation from New York University School of Law. An author of numerous tax articles in national and local publications, Mr. Lavelle is a frequent speaker and seminar leader on the topics of estate planning and family business counseling. He is a member of the American, New York State and Massachusetts bar associations; the Estate Planning Council of Eastern New York; the American Institute of CPAs; and the New York Society of CPAs.