Agenda / Content Covered

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

1. Current Tax Rates and Exemptions
   10:00 - 10:30, David L. Bindrup
   
2. Valuation of Assets
   10:30 - 11:00, David L. Bindrup
   
3. Tax Issues in Distributions to Minors and Trusts
   11:00 - 11:30, David L. Bindrup
   
4. Decedent's Final Income Tax Returns: Forms, Deadlines, Filing, Supporting Docs
   11:45 - 12:15, T. James Lee
   
5. Understanding Tax Basis and Step-Up at Administration
   12:15 - 12:45, T. James Lee
   
6. Estate's Income Tax Returns
   12:45 - 1:15, T. James Lee
   
   1. Forms and Supporting Docs
   2. Tax on Income Earned by Estate After Decedent's Death
   3. Who Owns the Income at the Death of the Decedent?
   4. Deadlines and Filing
7. Estate Tax: Portability, Elective Share, Disclaimers and More
   1:45 - 2:15, T. James Lee
   
8. Tax Basis Consistency and Reporting for Assets Received at Death
   2:15 - 2:45, T. James Lee
   
   1. When is it Necessary to File and to Whom?
   2. Forms and Filing and Furnishing Requirements
   3. What Information Must be Included
   4. Strategic Valuation of Assets for Basis Reporting Purposes
   5. Beneficiaries Reporting
   6. Penalties for the Estate and the Recipient
9. How the Generation-Skipping Transfer Tax Affects the Estate and the Heirs
   2:45 - 3:15, T. James Lee
   
10. Sales of Real Property
    3:30 - 4:00, David L. Bindrup
    
11. Legal Ethics
    4:00 - 5:00, David L. Bindrup
    
    1. Attorney Fees and Engagement Agreements
    2. Guarding Confidentiality
    3. Data Security
    4. Fiduciary Liability Considerations

Accreditation Details:

DAVID L. BINDRUP is the managing partner at David Bindrup Law Firm, PLLC, where he oversees a team of attorneys and CPAs. He practices solely in the areas of estate planning, business planning, asset protection, and probate; has three Nevada offices; and he is also a certified public accountant licensed in California and Nevada. Mr. Bindrup uses his considerable experience in the planning and implementation of sophisticated, state-of-the-art estate, asset protection, and business planning strategies for estates and probates of all sizes. He has frequently been asked to speak in the areas of estate planning, asset protection planning, and probate. Mr. Bindrup earned his B.A. degree, cum laude, from Brigham Young University; and his J.D. degree from the Thomas Cooley School of Law; and LL.M. degree (in taxation) from the Thomas Cooley School of Law.

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.