Estate Planning
Agenda
Monday, October 26, 2020
9:30 am – 5:00 pm CDT (including a 30-minute break)
Tax Law and Its Impact on Planning
Overview of income tax, estate tax and gift tax planning considerations
Portability of exemptions between spouses
Fundamentals of Estate Planning
The basics of planning for incapacity
Basics of estate and gift tax planning
The basics of asset transfers at death
Recognizing ethics issues in estate planning
Gifting Basics
Basics of the federal gift tax system
Estate freeze techniques
Gift tax discount planning techniques
Retirement Asset Planning
Minimum distribution rules
Common estate planning strategies
Fixing less-than-perfect bene ciary designations
Generation Skipping Transfer Tax (GSTT) Planning
Defining terms and assigning generations
Inclusion ratio
Taxable transfers and exemptions
Application of GSTT to trusts
Charitable Planning
Charitable tax planning vehicles
Advanced Gifting Strategies and Testamentary Planning
Advanced trusts, annuities and other instruments
Testamentary tax planning for married couples
Advanced generation-skipping and estate tax reduction planning
Business Succession Planning
Using buy-sell agreements
Valuing business and partnership interests
Using family limited partnerships
Trustee Selection and Asset Protection Planning
The role of the trustee
Integrating asset protection with estate planning
Factors for trustee selection
Ethical Considerations in Estate Planning
Webinar Instructions
All attendees must log-on through their own email – attendees may not watch together if they wish to earn continuing education credit. HalfMoon Education Inc. must be able to prove attendance if either the attendee or HalfMoon Education Inc. is audited.
Certificates of completion can be downloaded in PDF form upon passing a short quiz. A link to the quiz will be sent to each qualifying attendee immediately after the webinar. The certificate can be downloaded from the Results page of the quiz upon scoring 80% or higher.
Webinars are presented via GoToWebinar, an easy-to-use application that can be run on most systems and tablets. Instructions and login information will be provided in an email sent close to the date of the webinar. It is highly recommended that you download, install and test the application before the webinar begins by clicking on the link in the email.
GoToWebinar App requirements:
Windows 7 – 10 or Mac OSX Mavericks (10.9) – macOS Catalina (10.15)
Web Browser:
The two most recent version of the following browsers:
Google Chrome, Mozilla Firefox, Apple Safari, Microsoft Edge
Internet Explorer v11 (or later) with Flash enabled
Internet connection: Minimum of 1Mbps Hardware: 2GB RAM or more
For more information, visit the Support section at www.gotowebinar.com
Credits
Accountants:
8.0 CPE Hours
Texas Accountants:
8.0 CPE Hours
Certified Financial Planners:
8.0 CE Hours (Estate Planning)
California, Arizona, New Hampshire, and Vermont Attorneys:
7.0 CLE Hours
New York Attorneys:
8.0 CLE Hours
Continuing Education Credit Information:
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.NASBARegistry.org. Sponsor No. 103015.
HalfMoon Education Inc. is an approved CPE provider for Texas accountants (Sponsor ID: 001151). This provider approval does not constitute approval or endorsement of individual programs.
HalfMoon Education Inc. is a CFP Board-registered continuing education sponsor. The Certified Financial Planner Board of Standards, Inc. has granted continuing education credit for each of these webinars. See each listing for the credits that are available.
HalfMoon Education Inc. is certified by the New York State CLE Board as an Accredited Provider of CLE programs. Each webinar offers 8.0 CLE hours in nontraditional format consisting of Areas of Professional Practice hours, which are appropriate for experienced attorneys.
HalfMoon Education is an approved CLE provider for California and Vermont attorneys. Arizona and New Hampshire CLE providers and courses are not subject to preapproval. See each course listing for available CLE hours.
HalfMoon Education is an approved for continuing education credit for enrolled agents and other tax return preparers under Treasury Department Circular #230 Section 10.6(g). See each listing for the credits that are available.
Participation will be monitored and reported, as required. Attendance certificates will be available after the webinar for those individuals who complete the entire webinar, comply with the monitoring requirements, and score at least 80% on the quiz that follows the instruction (multiple attempts allowed).
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.
C. Hamrick
C. Page Hamrick, BSBA, JD, CPA, MBA, practices in Charleston, West Virginia, concentrating in business, tax, domestic relations and probate and estate law. He is admitted and has practiced before all local, state and federal courts, United States Tax Court and the Supreme Court of the United States. Mr. Hamrick is a frequent writer and seminar speaker on divorce and business topics. He taught University level courses in statistics and taxation at Marshall University and he taught accounting at WVCOGS. He served as family law master, counsel to the West Virginia Legislature, assistant attorney general, and hearing officer for numerous State agencies. Mr. Hamrick has testified as an expert witness in matters involving financial analysis, federal and state taxes, divorce financial issues, qualified domestic relations order issues, business and pension valuations, accounting and real estate.
Heather Stumpf
Clark Hill, PLCClark 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.