Agenda / Content Covered

10:00 am to 5:00 pm Eastern Standard Time

1. Reading and Analyzing Financial Documents and Asset Records
   10:00 - 10:30, Thomas J. Murphy
   
2. Retirement Planning and Its Effect on Estate Planning
   10:30 - 11:15, Thomas J. Murphy
   
   1. IRAs: Rollovers, Distribution Rules, and More
   2. Social Security Claiming Strategies
   3. Survivor Benefits
3. Investment Tools Essentials
   11:30 - 12:15, Thomas J. Murphy
   
   1. Prudent Investment Rules
   2. Annuities
   3. Securities
4. Powers of Attorney and Medical Decision Making
   12:15 - 12:45, Louis A. Silverman
   
   1. Financial POAs
   2. Medical POAs
   3. Guardianships
5. How Trusts, Estates and Businesses are Taxed
   1:15 - 2:00, T. James Lee
   
6. Wills and Trusts Fundamentals
   2:00 - 3:00, T. James Lee
   
   1. Laws Governing Will and Trust Creation and Administration
   2. Wills vs. Trusts
   3. Parties to a Trust
   4. Formalities and Execution
7. Probate Basics
   3:15 - 4:00, Louis A. Silverman
   
   1. Probate Process Overview
   2. Forms of Administration
   3. Initial Filing and Notices
   4. Estate Management and Distributions
   5. Estate Inventory and Final Accounting
   6. Tax Reporting Forms and Deadlines
8. Legal Ethics in Trusts and Estates
   4:00 - 5:00, Louis A. Silverman
   
   1. Working with Clients with Diminishing Capacity
   2. Duty of Competence: Keeping Up with the Changing Rules
   3. Attorney Fees and Engagement Agreements
   4. Client Confidentiality and Data Security
   5. Conflicts of Interest
   6. Client Communication
   7. Preventing UPL by Staff

Accreditation Details:

T. JAMES LEE is a shareholder and director in the Phoenix office of Fennemore Craig, P.C., and chairs the firm’s private wealth preservation (trusts and estates) practice group. He is certified as a Trust and Estate Specialist by the State Bar of Arizona, and practices in the areas of estate planning, trust and estate administration, charitable giving, business design and structuring, international taxation, and commercial transactions. Mr. Lee is a member of the American Bar Association, the Utah State Bar, the ABA's Committee on Estate and Gift Taxes (Taxation Section), and is a Fellow of the American College of Trust and Estate Counsel (ACTEC). He earned his undergraduate degree in business management from Brigham Young University, with distinction as the top business school graduate in the area of entrepreneurship. He graduated, with honors, from the J. Reuben Clark Law School at BYU.

THOMAS J. MURPHY is an attorney located in the Ahwatukee area of Phoenix. His practice emphasizes estate planning, elder law (including nursing home issues), all probate matters (including contested matters and guardianships), and tax controversies. Mr. Murphy has regularly appeared before the Arizona Court of Appeals, litigating many of the cutting-edge appellate cases in probate law and has successfully litigated cases in the U.S. Tax Court, the Arizona Tax Court, and the Arizona Board of Tax Appeals. He is a member of the National Academy of Elder Law Attorneys, the State Bar of Arizona (Tax Law, Probate and Trust Law, Mental Health and Elder Law sections), and the Arizona Medicaid Planning Council. He serves on the Advisory Board of the Phoenix Tax Workshop and the Editorial Board of NAELA News. Mr. Murphy graduated from Tufts University, with honors, and he earned his J.D. degree from Suffolk University Law School.

LOUIS A. SILVERMAN is an attorney at Silverman Law Offices where he practices in the areas of estate planning, estate administration, probate law, and related tax matters. Mr. Silverman became board-certified in estate and trust law by the State Bar of Arizona. His practice emphasizes estate planning, which includes wills and trusts, and other estate planning devices; and trust administration and probate, which includes death probate, guardianship, and conservatorship. Mr. Silverman has served as judge pro tem on the Maricopa County Superior Court. He is a member of WealthCounsel and is a past member of the Elder Law, Mental Health and Special Needs Planning Section of the State Bar of Arizona. Mr. Silverman is on the Board of Trustees of Southwest College of Naturopathic Medicine and past president of the Board of Directors of Tempe Leadership. Mr. Silverman earned his B.S. degree in business from Arizona State University and his J.D. degree from South Texas College of Law in Houston. He is admitted to practice in the state courts of Arizona and Texas, the U.S. District Court for Arizona, and the Western District of Texas.