Planning Techniques for Large Estates
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Listen to "Legislative Outlook" from the program Planning Techniques for Large Estates originally presented November 16-20, 2009
Why Attend?
The purpose of the course is to examine sophisticated issues that practicing lawyers actually face. Each topic has a lecturer/discussion leader who is responsible for covering the most important aspects of the subject matter and for presenting and discussing the issues and alternative approaches. Registrants are encouraged to participate actively in the discussion of the problems. Because of the limited enrollment and the degree of expertise of the registrants, the format offers an exciting educational experience. It gives registrants an opportunity to trade and discuss ideas with their peers, under the supervision and guidance of highly skilled faculty members.
Newly added: In light of the repeal of the estate and generation-skipping transfer taxes as of January 1, 2010, all estate planners face a great deal of uncertainty. To help registrants get a handle on these implications, this year's program features a two-hour panel dedicated solely to examining these issues.
What You Will Learn
This course deals with the most sophisticated problems and considerations in planning large estates. In order to attain this objective, on-site enrollment is limited to 60 registrants.
The topics selected represent the most difficult challenges in the planning of large estates. The discussions are conducted on a transactional basis, with emphasis on changing factual patterns rather than on bare principles of law or statutory provisions. Registrants should come prepared to enter into active discussion with their peers and with the discussion leaders.
Planning Chairs
Malcolm A. Moore, Davis Wright Tremaine LLP, Seattle
Mervin M. Wilf, Philadelphia and Cambridge, Massachusetts
Faculty
Byrle M. Abbin, Managing Director, Wealth and Tax Advisory Services, Inc., McLean, Virginia
Steve R. Akers, Managing Director, Bessemer Trust Company, Dallas
Ronald D. Aucutt, McGuireWoods LLP, McLean, Virginia
Susan T. Bart, Sidley Austin LLP, Chicago
Carol Cantrell, Briggs & Veselka Co., Bellaire, Texas
Virginia F. Coleman, Ropes & Gray LLP, Boston
S. Stacy Eastland, The Goldman Sachs Group Inc., Houston
Paul N. Frimmer, Loeb & Loeb LLP, Los Angeles
Lawrence P. Katzenstein, Thompson Coburn LLP, St. Louis
M. Read Moore, McDermott Will & Emery LLP, Chicago
Richard W. Nenno, Managing Director and Trust Counsel, Wilmington Trust Company, Wilmington, Delaware
Duncan E. Osborne, Osborne, Helman, Knebel & Deleery, L.L.P., Austin, Texas
Jeffrey N. Pennell, Richard N. Clark Professor of Law, Emory University School of Law, Atlanta
Charles L. Ratner, Ernst & Young LLP, Cleveland
Bruce S. Ross, Holland & Knight LLP, Los Angeles
R. Eric Viehman, Vinson & Elkins LLP, Houston
Program Schedule
MONDAY, APRIL 26, 2010
7:30 a.m. Registration and Continental Breakfast
8:15 a.m. Introductory Remarks and Course Overview
8:30 a.m. No Taxpayer Left Behind: Tax-Wise Techniques for Funding Education - Ms. Bart
9:45 a.m. GRITs, GRATs, GRUTs, SCINs, and Private Annuities - Mr. Katzenstein
10:30 a.m. Networking Break
10:45 a.m. Use of Time-Value-of-Money Concepts for Estate Planning Purposes - Mr. Katzenstein
11:45 a.m. Asset Protection Trust Planning - Mr. Osborne
12:45 p.m. Lunch Break
2:00 p.m. Family Limited Partnerships: Current Status and New Opportunities - Mr. Eastland
3:30 p.m. Networking and Refreshment Break
3:45 p.m. Implications of Estate Tax Repeal - Ms. Coleman and Messrs. Akers, Aucutt, and Malcolm Moore
5:45 p.m. Adjournment for the Day
TUESDAY, APRIL 27, 2010
7:30 a.m. Networking and Continental Breakfast
8:00 a.m. Valuation Issues and Related Recent Cases and Current Issues - Messrs. Abbin, Akers, Aucutt, Eastland, and Malcom Moore
9:45 a.m. Networking Break
10:00 a.m. Valuation Issues (continued)
11:45 a.m. Lunch Break
1:00 p.m. Installment Sales to Grantor Trusts - Mr. Aucutt
2:00 p.m. Compliance Issues, Including Circular 230 and the Gift Tax Statute of Limitations - Mr. Aucutt
2:45 p.m. Networking and Refreshment Break
3:00 p.m. Compliance Issues (continued)
3:45 p.m. Qualified Plan and IRA Distributions: The Need To Customize IRAs; Benefits of Using Separate Accounts - Mr. Wilf
4:45 p.m. Adjournment for the Day
WEDNESDAY, APRIL 28, 2010
7:30 a.m. Networking and Continental Breakfast
8:00 a.m. Postmortem Planning Considerations, Including Liquidity Problems, Special Valuation of Property Problems, Disclaimers, and Planning for Section 6166 Payments - Mr. Akers
10:00 a.m. Networking Break
10:15 a.m. Tax and Estate Planning for Clients with Foreign Property - Mr. Read Moore
11:45 a.m. Lunch Break
1:00 p.m. Transfers to Spouse, Both Lifetime and Testamentary; Tax Payment Provisions and Equitable Apportionment - Professor Pennell
3:00 p.m. Networking and Refreshment Break
3:15 p.m. Transfers (continued)
5:00 p.m. Adjournment for the Day
THURSDAY, APRIL 29, 2010
7:30 a.m. Networking and Continental Breakfast
8:00 a.m. Perpetual Dynasty Trusts: Tax Planning and Jurisdiction Selection Planning and Defending Domestic Asset-Protection Trusts - Mr. Nenno
9:45 a.m. Networking Break
10:00 a.m. Current Issues in Generation-Skipping Tax Planning - Mr. Viehman
12:00 noon Lunch Break
1:15 p.m. Income Tax Problems When the Estate or Trust Is a Partner - Ms. Cantrell
2:15 p.m. Estate Planning and Administration for S Corporations - Ms. Cantrell
3:15 p.m. Networking and Refreshment Break
3:30 p.m. Life Insurance in Estate Planning: Products and Strategies - Mr. Ratner
5:30 p.m. Adjournment for the Day
FRIDAY, APRIL 30, 2010
7:30 a.m. Networking and Continental Breakfast
8:00 a.m. Charitable Planning Techniques, Including Donor-Advised Funds - Mr. Frimmer
9:45 a.m. Networking Break
10:00 a.m. Ethical Issues in Practice: Important Fiduciary Litigation - Mr. Ross
11:30 a.m. Adjournment
Total 60-minute hours of instruction: 33, including 1.5 hours of ethics
Suggested Prerequisite: Extensive expertise in subject matter
Educational Objective: Development of proficiency in performance of intricate and complex legal tasks within a narrow area
Level of Instruction: Advanced
Here's what registrants have said about this course:
“This is a program that is a 'must' for any tax practitioner. The speakers, materials, and presentations are unparalleled and state-of-the-art quality. We are indeed fortunate for the time and efforts of those that made this program possible.” – Dominic Ciarimboli, Greensburg, PA, November 2009 registrant
“Excellent course for the advanced practitioner. The materials appear comprehensive and the pace is fast. The student must know advanced planning but it is a great opportunity to sharpen tools and learn to avoid obscure but dangerous errors.” – November 2008 registrant
“The course materials are superb. The presenters are superior technical experts. The course is well designed and administered.” – November 2008 registrant
“This conference had fantastic materials, really good speakers, and the content was chosen well. I thought it was worth every penny.” – November 2008 registrant
“Absolutely the best training course I’ve attended in my 20 year career. The small group format encourages interaction with the speakers, making the presentations even more informative.” – November 2008 registrant
Times
All times listed in the above-Program Schedule are Eastern Daylight.
