The Complete Trust Course
Agenda
Wednesday, July 29, 2020
11:00 am – 2:30 pm CDT (including a 15-minute break)
Understanding Estate, Gift, Income and Trust Taxation
C. Castellanos
Overview of federal estate and gift taxation
Calculating the estate tax
Overview of trust taxation
Examining estate, gift and GST rates and exemptions
Irrevocable Trusts and the Basics
C. Castellanos
Purposes of irrevocable trusts
Crummey powers
Dynasty trusts
Understanding related tax issues
Amendment/termination strategies
The Critical Role of Testamentary Trusts in the Estate Plan
C. Schormann
Purposes and features of trusts, including testamentary trusts
• Credit shelter/bypass trusts
• Marital trusts and family trusts
Spousal lifetime access trust
Choosing a trustee and a situs
Irrevocable Trusts and the Basics
C. Schormann
Purposes of irrevocable trusts Crummey powers
Dynasty trusts
Understanding related tax issues
Amendment/termination strategies
Thursday, July 30, 2020
11:00 am – 3:00 pm CDT (including a 15-minute break)
Using Revocable Trusts
K. McKay
Characteristics and advantages/disadvantages of revocable trusts
Understanding related tax issues
IRAs and Trusts: Sophisticated Beneficiary Choices
K. McKay
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
K. Stevens
Overview of government benefit programs
Planning for spouses, supplemental needs trusts
Trust options
Advanced Trust Planning
G. Port
Charitable planning
Discount planning
Qualified domestic trust, S corporation trusts
Onshore-offshore asset protection and spendthrift trusts
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 will be provided for each webinar attended and will be sent via email in PDF form about five business days after the conclusion of the series.
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
Certified Financial Planners
8.0 CE Hours
IRS Enrolled Agents & Other Tax Return Preparers
8.0 CE Hours
Attorneys
See CLE information below
Continuing Education Credit Information
This online live, intermediate level lecture presentation offers 8.0 CPE hours in the area of taxation to accountants. A basic knowledge of federal taxation is recommended, and no advance preparation is required.
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 is registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of the CPE programs.
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 each webinar.
Each webinar 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).
HalfMoon Education Inc. is an approved CLE provider for attorneys licensed in California and Vermont, and each webinar qualifies for 7.0 CLE hours. HalfMoon Education Inc. is certified by the New York State CLE Board as an Accredited Provider of CLE programs. This non-traditional format course offers 8.0 CLE hours, consisting 8.0 Areas of Professional Practice hours, which are appropriate for experienced attorneys.
Participation will be monitored and reported, as required. Attendance certificates will be available after the webinar for those individuals who complete the event webinar, comply with the monitoring requirements, and score at least 80% on the quiz that follows the instruction (multiple attempts allowed).
Speakers
Christopher D. Castellanos
Christopher D. Castellanos is an attorney at Lashly & Baer, P.C. He concentrates his practice in trusts and estates including a wide range of estate planning and probate matters, asset protection planning, and estate and trust administration. He is experienced in taxation, especially estate and gift tax and real property tax abatement. He has successfully sought real property tax abatement for projects across Missouri, including Normandy, DeSoto, Kennett, St. Joseph and Excelsior Springs. In addition, Mr. Castellanos advises his clients in employment and non-competition agreements, corporate transactions, and business succession planning. He earned his J.D. degree and LL.M. degree in Tax from Washington University School of Law.
Kyle McKay
The McKay Law Firm, LLCOwner, The McKay Law Firm, LLC
Mr. McKay practices in the areas of estate planning, probate, trust administration, business law, traffic/criminal defense and personal injury. He is licensed to practice law in the State of Missouri and the U.S. District Court for the Eastern District of Missouri. Mr. McKay earned his B.S. degree from Central Missouri State University and his J.D. degree from Saint Louis University School of Law.
Gregory Port
Port LegalGregory D. Port is the founding attorney of Port Legal. He has been providing strategic trust, elder law, estate planning and probate legal representation to clients in Central Ohio since 1990. He has also served on the Board of Directors of Netcare Foundation, Inc., the fund-raising arm of Netcare Access, Inc. which provides emergency care to those with mental and substance abuse issues in Franklin County, Ohio. He is an active hiker and bicyclist.
Carrie Schormann
Schormann Law Firm, LLCAttorney at Schormann Law Firm, LLC
Ms. Schormann focuses on estate planning, estate and trust administration, and estate and trust litigation for families. Her experience includes all types of basic and advanced estate planning, and formation of business entities, private foundations and charitable trusts. Ms. Schormann prepares estate and gift tax returns and other fiduciary tax returns for her clients. She also represents personal representatives and trustees in connection with estate and trust administration matters.
Keith Stevens
Isaac Wiles Burkholder & Teetor, LLCKeith A. Stevens is an associate at Isaac Wiles Burkholder & Teetor, LLC, where he practices in elder law, special needs, and estate planning. He has dedicated his eight years of practice to helping individuals and families obtain needed services, protect assets, and avoid costly legal proceedings. His work has appeared in the Ohio Probate Law Journal and Estate Planning. Mr. Stevens is a member of the Ohio State Bar Association and Columbus Bar Association.