Wednesday, October 25, 2017
6:00 P.M. TO 9:00 P.M. Pre-Registration
7:00 P.M. TO 8:00 P.M.
Workshop: CONFRONTING THE ISSUES OF SUBSTANCE ABUSE [1-hour Substance Abuse Credit]
RICHARD P. GREEN
Richard P. Green & Associates, La Quinta, CA
8:00 P.M. TO 9:00 P.M.
Workshop DIVERSITY AND INCLUSION IN THE LEGAL PROFESSION [1-hour Elimination of Bias Credit]
KAREN H. HESTER, JD, LLM in TAXATION
Chief Executive Officer, Center for Legal Inclusiveness, Denver, CO
Thursday, October 26, 2017
7:00 A.M. TO 8:00 A.M. Registration and Continental Breakfast
8:00 A.M. TO 11:15 A.M.
TRUSTS WITHOUT BORDERS
A comprehensive consideration of the varied opportunities for achieving highly significant non-tax and tax objectives through use of trusts that are not reflexively harnessed to the state where the settlor resides. The presentation will consider the use of such trusts to maximize benefits with regard to key issues such as the rule against perpetuities, asset protection, directed trusts and trust protectors, no contest clauses, spousal and family rights including upon divorce, modification of irrevocable trusts, and state income taxation.
Professor of Law, Vanderbilt University Law School, Nashville, TN
11:15 A.M. TO 12:15 P.M. BLOCKCHAIN AND THE LAW
Founder and CEO Integra Ledger, Denver, CO
12:15 P.M. TO 2:00 P.M. Lunch Break
2:00 P.M. TO 3:00 P.M. GRAPPLING WITH THE CHANGES AND OPPORTUNITIES OF TECHNOLOGY IN THE LEGAL PROFESSION: HOW ARTIFICIAL INTELLIGENCE IS CHANGING THE WAY LAWYERS PRACTICE LAW AND LAW FIRMS MUST MANAGE CYBERSECURITY RISKS
Freelance Journalist and Lawyer, areas of interest include legal technology, innovation, entrepreneurship, diversity, and major shifts in legal culture
3:00 P.M. TO 4:00 P.M.
ETHICAL CONSIDERATIONS IN REPRESENTING SPOUSES IN ESTATE PLANNING
Karen Boxx, Professor of Law, University of Washington, Seattle WA
4:00 P.M. TO 4:15 P.M. Break
4:15 P.M. TO 5:15 P.M.
EXPLORING THE PORTABILITY ELECTION AND REVENUE PROCEDURE 2017-34
For purposes of the Federal estate and gift taxes, a portability election allows a decedent’s unused exclusion amount (deceased spousal unused exclusion amount, or DSUE amount) to become available for application to the surviving spouse’s subsequent transfers during life or at death. The simplified method provided in Revenue Procedure 2017-34 is to be used in lieu of the letter ruling process.
Revenue Procedure 2017-34 provides a simplified method for certain taxpayers to obtain an extension of time under the Regulations to make a “portability” election under § 2010(c)(5)(A) of the Internal Revenue Code.
STEPHAN KING, CPA, Stephan King PC, Scottsdale AZ
5:15 P.M. TO 6:15 P.M.
REPRESENTING CLIENTS WITH DIMINISHED CAPACITY
ROBERT B. FLEMING
Fleming and Curti PLC, Tucson, AZ
Friday, October 27, 2017
7:00 A.M. TO 8:00 A.M. Continental Breakfast
8:00 A.M. TO 11:15 A.M.
HOW TO DO ESTATE PLANNING FOR RETIREMENT BENEFITS
How to choose tax-favored beneficiaries, design the plan, draft the documents and implement the plan. Pitfalls posed by the IRS trust rules and how to work around them. Planning for tax law changes, and don't forget the 18 other things! (1.5 hours)
70 1/2! HOW TO HELP YOUR AGING CLIENTS AVOID, MINIMIZE, OR TAKE REQUIRED MINIMUM DISTRIBUTIONS
Baby boomers are turning 70.5 at the rate of 10,000 per day. They need to avoid penalties and minimize taxes on their RMDs. You can help them with QCDs, QLACs, ongoing contributions, and even safe IRS-blessed tax-free Roth conversions (1.5 hours)
Nutter McCellen & Fish LLP, Boston, MA
11:15 A.M. TO 12:15 P.M.
SELF-DIRECTED IRAs: A LEGAL AND TAX QUAGMIRE
The allure of investing into non-traditional assets (real estate, closely-held corps, partnerships, lending) using tax-favored retirement funds has accelerated rapidly over the past 15 years. Being able to quickly identify major landmines can save your clients (and their future beneficiaries) tremendous legal and tax pain.
WARREN L. BAKER
Fairview Law Group FS, Seattle, WA
12:15 P.M. TO 2:00 P.M. Lunch Break
2:00 P.M. TO 3:00 P.M. — Workshops
Workshop #1: CALIFORNIA 2017 LEGISLATION AFFECTING ESTATE PLANNING, TRUSTS, PROBATE, CONSERVATORSHIPS AND GUARDIANSHIPS
PATRICK A. KOHLMANN Temmerman Cilley & Kohlmann LLP, San Jose, CA
Workshop #2: ENFORCING ARBITRATION CLAUSES IN WILLS AND TRUSTS
VIVIAN LEE THOREEN
Holland and Knight LLP, Los Angeles, CA
Workshop #3: PRACTICAL WORKSHOP WITH ESTATE AND GIFT TAX RETURN COMPLIANCE: QUESTIONS AND ANSWERS
Workshop #4: ETHICAL DANGERS OF TECHNOLOGY IN THE LEGAL Profession [One Hour Ethics Credit]
3:15 P.M. TO 4:15 P.M.—Workshops
Workshop #5: CALIFORNIA REAL PROPERTY TAXATION: THE PARENT/CHILD EXCLUSION AND CHANGE IN OWNERSHIP
Workshop #6: FIDUCIARY DUTIES IN THE FAMILY OWNED BUSINESS CONTEXT [One Hour Ethics Credit]
KAREN E. BOXX, Professor of Law, University of Washington, Seattle WA
Workshop #7: FAMILY DYNAMICS: PROBLEM CHILDREN AND OTHER DYSFUNCTIONS
MEGAN FERKEL EARHART and ERIN L. PROUTY
Hoffman Sabban & Watenmaker APC, Los Angeles, CA
Workshop #8: DOTTING THE “i” AND CROSSING THE “t” OF THE "ELECTING SMALL BUSINESS TRUSTS" (ESBTs) AND "QUALIFIED SUBCHAPTER S TRUSTS" (QSSTs) ELECTIONS
4:30 P.M. TO 5:30 P.M. — Workshops
Workshop #9: CALIFORNIA REAL PROPERTY TAXATION: LEGAL ENTITIES AND CHANGE IN OWNERSHIP
Workshop #10: TRUSTEES CAN'T COUNT
Most fiduciary accountings (whether the initial postdeath subtrust asset accounting, or the principal and income accountings of QTIP and Bypass Trusts) contain errors, which result in some beneficiaries getting windfalls, while others get shorted. This program discusses real-world fiduciary examples that illustrate “fiduciaries can’t count” and may be surcharged.
Sanger & Manes, Palm Springs, CA
Workshop #11: THIS IS YOUR GRANDFATHER’S 529 ACCOUNT: MAXIMIZING THE VALUE OF 529 PLANS TO THE CLIENT’S BENEFIT
CHRISTOPHER STACK Saving for College LLC Noronton, CT
Workshop #12: USING HOUSING WEALH TO IMPROVE FINANCIAL (AND TAX)
OUTCOMES IN RETIREMENT (AND AFTER)
MARY JO LAFAYE and BARRY SACKS
Saturday, October 28, 2017
6:00 A.M. TO 7:00 A.M. Continental Breakfast
7:00 A.M. – 8:00 A.M.
SUCCESSION OF THE CLOSELY-HELD FAMILY BUSINESS: FROM THE HEART TO THE WALLET
Schiller Law Group PLC Alamo, CA
8:00 A.M. TO 11:15 A.M. [Includes a 15-minute break]
2017 FEDERAL TAX UPDATE
This informative and entertaining presentation will recap the important cases, rulings, regulations, and legislation related to federal income, estate, and gift taxes that are of interest to estate planning professionals.
Professor of Law, Georgia State University School of Law Atlanta, GA
11:15 A.M. ADJOURNMENT