Live Seminar

Estate Planning from A to Z

Seminar

Date:

2 Day Seminar
Wednesday, May 23, 2018 -
Thursday, May 24, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78870ER

Location:

Embassy Suites West Palm Beach Central

1601 Belvedere Road

West Palm Beach, FL 33406

$575.00

$565 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • FL CLE - 14.50

CPE for Accountants

  • CPE for Accountants/NASBA - 14.00

Other

  • Financial Planners - 14.00

Program Description

A Detailed Overview of Estate Planning Procedure and Strategy

Do you have all the knowledge and skills you need to draft tailored testamentary documents and minimize tax burdens for each of your clients? This two-day comprehensive course will become your ultimate guide to estate planning. From client intake through tax planning and business succession strategies, you will receive tips, sample forms and answers to your most pressing questions to help you excel. Get the latest knowledge on effective will and trust planning techniques - register today!

  • Get two full days of estate planning training, so you can help clients protect and transfer assets exactly as they intend.
  • Get practical will and trust drafting skills to speed up the process and give the testator's last wishes power.
  • Stave off conflicts of interest with a clear determination of who your client is from the start.
  • Explore the pros and cons of using a revocable living trust in the will's stead and find out when it's a better option.
  • Explore the functions and mechanics of major trust structures - and make certain you choose the right tool for each job.
  • Give each provision full power with precise word choices - get sample forms to speed up the process.
  • Make sure your remarried and unmarried clients know the default inheritance laws and help them make sure the right beneficiaries are assigned.
  • Minimize the taxable estate with effective tax planning techniques.
  • Phrase the fiduciary and beneficiary designations to leave no room for interpretation.
  • Learn how to verify and document the testator's competency to close the door on any potential will contests.

Who Should Attend

This basic-to-intermediate level two-day seminar is designed for:

  • Attorneys
  • Estate and Financial Planners
  • Trust Officers
  • Paralegals
  • Accountants
  • Tax Professionals

Course Content

DAY 1

  1. Client Screening and Intake
  2. Key Elements of Effective Wills
  3. Basic Tax Planning
  4. Planning for Unmarried and Remarried Couples
  5. Business Succession Planning

DAY 2

  1. Trusts 101
  2. Who is the Fiduciary?
  3. Revocable Living Trusts
  4. Trusts Used for Tax Reduction - Drafting Tips and Samples
  5. Grantor Trusts
  6. Ethical Considerations

Continuing Education Credit

Continuing Legal Education – CLE: 14.50 *

Financial Planners – Financial Planners: 14.00

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 14.00 *


* denotes specialty credits

Agenda / Content Covered

DAY 1

  1. CLIENT SCREENING AND INTAKE
    9:00 - 10:15, Carolyn B. Brombacher
    1. Clarifying Goals and Forecasting Needs
    2. Assessing Current and Future Assets and Debts
    3. Dealing With Family Dynamics: Past, Present and Future
    4. What to Look for in Reviewing Existing Estate Plans
    5. Sample Info Gathering Forms and Checklists
    6. Determining Your Overall Estate Plan Strategy
      1. for an Estate Not Subject to Estate Tax
      2. for an Estate Potentially Subject to Estate Tax
      3. for an Estate Subject to Estate Tax
  2. KEY ELEMENTS OF EFFECTIVE WILLS
    10:30 - 11:45, Carolyn B. Brombacher
    1. Establishing Statutory Framework
    2. Types of Wills
    3. Testator's Competency - Verifying and Documenting
    4. Beneficiary Designations and Distributions in Retirement Plans and Life Insurance
    5. Titling Assets
    6. Sample Will Provisions
    7. Updating Will Documents
  3. BASIC TAX PLANNING
    11:45 - 1:00, Seth A. Marmor
    1. Estate Tax Update
    2. Step-Up Basis of Various Assets
    3. Gift Tax and Exclusions
    4. Generation-Skipping Transfer Tax
    5. Planning for the Final Income Tax Return
    6. Trust Taxation Basics
    7. Disclaimer Trusts
    8. Crummey Powers and the IRS
    9. Typical Creditors and How to Deal With Them
    10. Simple Tips for Minimizing Tax Burden
    11. Tax Treatment of Trusts
  4. PLANNING FOR UNMARRIED AND REMARRIED COUPLES
    2:00 - 3:00, Andrew Comiter
    1. Pre- and Post-Marital Agreements
    2. Planning for Children From Previous Marriage(s)
  5. BUSINESS SUCCESSION PLANNING
    3:15 - 4:30, Andrew Comiter
    1. When the Business is Transferred to the Beneficiary in Full
    2. Buy-Sell Agreement Basics
    3. Business Structure Conversion
    4. Minimizing Tax Burden in Transferring Ownership
    5. Business Valuation and Sale

DAY 2

  1. TRUSTS 101
    9:00 - 10:00, Lazaro J. Mur
    1. Types, Goals and Functions of Trusts
    2. Major Laws Governing Trust Creation and Administration
    3. Who are the Main Parties? Their Duties and Responsibilities to a Trust
    4. Revocable vs. Irrevocable
    5. Choosing Trust Situs
    6. Trust Funding Basics
  2. WHO IS THE FIDUCIARY?
    10:15 - 11:15, Duane L. Pinnock
    1. Personal Representatives and Trust Officers: Powers and Duties
    2. Helping Clients Pick the Fiduciary(ies)
    3. Your Contact With the Personal Representative
    4. Trust Protectors and Advisers
    5. Fiduciary Liability
  3. REVOCABLE LIVING TRUSTS
    11:15 - 12:15, Lazaro J. Mur
    1. Traditional Estate Planning vs. Revocable Trust Planning
    2. Credit Shelter Trusts
    3. Marital Deduction Trusts
    4. Qualified Terminable Interest Trusts (QTIPs)
    5. Drafting Tips and Samples
    6. Common Mistakes to Avoid
  4. TRUSTS USED FOR TAX REDUCTION - DRAFTING TIPS AND SAMPLES
    1:15 - 2:15, Jorja M. Williams
    1. Irrevocable Life Insurance Trusts (ILITs)
    2. Charitable Remainder Trusts
    3. Qualified Domestic Trusts
    4. Qualified Personal Residence Trusts (QPRTs)
    5. Defective Trusts
    6. Education Trusts for Children and Grandchildren
    7. Generation Skipping Trusts
  5. GRANTOR TRUSTS
    2:30 - 3:30, Brian Mangines
    1. Intentionally Defective Grantor Trusts (IDGTs)
    2. Drafting Tips and Samples
    3. Taxation Considerations - When to File the Return?
    4. Administrative Power
  6. ETHICAL CONSIDERATIONS
    3:30 - 4:30, Brian Mangines
    1. Defining Who Your Client is From the Start
    2. Handling Clients With Diminishing Mental Capacity
    3. Lawyers Acting as Fiduciaries
    4. Estate Status Updates for Clients - Why it Pays Off and How to do it Efficiently
    5. Practicing Before the IRS
    6. Getting Paid: Billable/Non-Billable Hour and Retainer Agreements
    7. Preventing Unauthorized Practice of Law by Legal Staff

CAROLYN B. BROMBACHER is of counsel with Tripp Scott P.A., where she devotes her practice to commercial, banking, business, real property, probate, and trust law, both litigation and transactional. She is a member of the Broward County (Continuing Legal Education Committee), Date County, and South County bar associations; as well as The Florida Bar (Probate Law and Procedure Committee and Real Property and Trust Law Section). Ms. Brombacher earned her B.A. degree from the University of Massachusetts and her J.D. degree from the University of Miami School of Law.

ANDREW COMITER is a partner of the regional tax law firm Comiter Singer Baseman & Braun LLP. The focus of his practice is federal taxation of partnerships, s-corporations, and limited liability companies; business transactions; income and estate tax planning; probate; and trust, estate and guardianship litigation. Mr. Comiter is a member of The Florida Bar since 2009 and is a member of the Tax; Real Property, Probate & Trust Law; and Business Law sections of The Florida Bar. He is the Business Law Section representative to the Family Trust Company Subcommittee of The Florida Bar Real Property, Probate and Trust Law Section. Mr. Comiter earned his B.S. degree from the University of Florida; his Masters of Taxation from Florida Atlantic University; and his J.D. degree, with honors, from the University of Florida Levin College of law, with a certificate in estates and trusts practice. He went on to earn his LL.M. degree in taxation from the University of Florida Levin College of Law.

BRIAN MANGINES is an attorney at Mangines Law, P.A., where his focus is helping individuals, families, and business owners achieve peace of mind by developing and implementing creative, customized, and yet cost effective estate plans. In addition to creating estate plans, he works in the probate arena and assists families in implementing plans when loved ones pass away, settling probate, and litigating probate matters when litigation becomes necessary. Over the years, Mr. Mangines has spoken to both national and local civic, business and legal organizations on various legal topics. He earned his undergraduate degree from Cornell University; his law degree from The University of Connecticut, School of Law; and his L.L.M degree in estate planning from the University of Miami, School of Law. Mr. Mangines is a member of The Florida Bar and the Connecticut Bar.

SETH A. MARMOR is a partner in the law firm of Hark | Yon | Marmor, PLLC located in Boca Raton, Florida and is admitted to practice law in the states of Florida and New York. Mr. Marmor is board certified in wills, trusts and estates and in elder law by The Florida Bar Board of Legal Specialization. He practices in the areas of estate planning, probate, trust administration, guardianship, and elder law. Mr. Marmor earned his B.A. degree from State University of New York at Stony Brook; his J.D. degree, cum laude, from the University of Miami School of Law; and an LL.M. degree in taxation from New York University School of Law. Mr. Marmor is a past president of the South Palm Beach County Bar Association and is a past president of the Greater Boca Raton Estate Planning Council. He has served as the chairman of the Attorney-Trust Officer Liaison Conference Committee for The Florida Bar Real Property, Probate & Trust Law Section and vice-chair of the Guardianship and Advanced Directives Committee. He has also served as chairman of the Elder Law Committee for the Palm Beach County Bar Association and as chairman of both the Probate and Guardianship Committee and the Elder Law Committee for the South Palm Beach County Bar Association.

LAZARO J. MUR is the founder of The Mur Law Firm, P.A. He has been serving the international business community and high net worth entrepreneurs since 1985. Mr. Mur's areas of practice include international taxation; corporate law; estate planning; asset protection; and entertainment, arts and sports law. He focuses on assisting domestic and international business owners with global asset protection planning, multinational estate planning, structuring foreign ventures, mergers and acquisitions, and pre-immigration planning strategies for non-resident aliens. Mr. Mur earned his B.B.A. degree from the Florida International University, and his LL.M. and J.D. degrees from the University of Miami. He has lectured at Oxford University, been quoted in the Wall Street Journal, and is a well recognized published author and public speaker on global asset protection and international tax planning. Mr. Mur is a member of the Tax and Real Property, Probate and Trust Law sections of The Florida Bar.

DUANE L. PINNOCK is an attorney with Boyes, Farina & Matwiczyk and is board certified by The Florida Bar in wills, trusts and estates. In 2016, Mr. Pinnock was appointed to the chairmanship of The Florida Bar’s Wills, Trusts & Estates Board Certification Committee by The Florida Bar president William J. Schifino, Jr. He is the current chair of the Palm Beach County Bar Association Estate and Probate Committee, as well as the co-chair of the Estate and Probate Section of the Bench Bar Committee. Mr. Pinnock concentrates his practice in trusts and estates litigation and administration and estate and tax planning. For more than a decade, he has represented beneficiaries, trustees, personal representatives and heirs. He assists clients in developing estate plans and administering complex trusts and estates. He also represents clients in related litigation and tax court controversies. Mr. Pinnock earned his J.D. degree from the University of Florida Levin College of Law, where he is currently a member of the Law Alumni Council. He also holds an LL.M. degree in estate planning from the University of Miami School of Law. Mr. Pinnock is admitted to practice in Florida, the United States District Court for the Southern District of Florida, and the United States Tax Court.

JORJA M. WILLIAMS is an attorney with Beller & Smith, located in Boca Raton, Florida. She concentrates her practice in the areas of estate and trust litigation, administration and planning. Ms. Williams represents beneficiaries, trustees, personal representatives and other interested parties in will and trust contests. She assists clients in the administration of complex estates and trusts and also represents charitable organizations in seeking and maintaining their tax-exempt status. Ms. Williams received her B.A. degree from the University of Florida in 2004 and a J.D. degree from the University of Florida Levin College of Law in 2008, with a certificate in estate and trusts practice. She went on to receive her LL.M. degree in taxation from the University of Florida Levin College of Law in 2012. Prior to relocating to Boca Raton, Ms. Williams was a practicing estates and trusts attorney in Gainesville, Florida. Ms. Williams has been a member of The Florida Bar since 2008 and is a member of The Florida Bar’s Real Property, Probate and Trust Law and Tax sections, as well as the South Palm Beach County Bar Association and The Craig S. Barnard American Inn of Court. She is admitted to practice before all Florida state courts and the U.S. Tax Court.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com

Accreditation Details:

Continuing Legal Education

FL CLE: 14.50 Includes - Ethics: 1.00, Wills, Trusts and Estates: 14.50
Approved by The Florida Bar for a maximum of 14.5 general hours of CLER credit including 1.0 hour of ethics.


Financial Planners

N CF: 14.00
This program has been accepted by the Certified Financial Planner Board of Standards Inc. and qualifies for 14.0 hours of CE credit for CFP® Certificants. The Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) and CFP® (with flame design) in the US, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Upon completion of this course, attendee will be able to: 1. List at least two pieces of information to gain at client intake. 2. Explain how to verify testator's competency. 3. Recall the current federal estate tax rate and exemption level. 4. List two estate planning tools unavailable to unmarried clients. 5. Recall two common methods of business succession. 6. Restate key parties of a trust. 7. List at least three powers of a personal representative. 8. Provide a definition of a revocable living trust. 9. Explain how ILITs are used for tax reduction. 10. Explain how an IDGT works. 11. List three common ethics mistakes made in estate planning.

National Association of State Boards of Accountancy

N NAS: 14.00 Includes - Behavioral Ethics: 1.00, Specialized Knowledge: 6.00, Taxes: 7.00
NBI, 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. This program is designed to qualify for 14.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic to intermediate level program presented in a group live setting. Accountants should have a basic understanding of tax planning and business succession strategies and how they affect the client's estate. This course will: - Present practical will and trust drafting skills to speed up the process and give the testator's last wishes power. - Identify ways to stave off conflicts of interest with a clear determination of who your client is from the start. - Explore the pros and cons of using a revocable living trust in the will's stead and find out when it's a better option. - Explore the functions and mechanics of major trust structures – and make certain you choose the right tool for each job. - Identify ways to give each provision full power with precise word choices – get sample forms to speed up the process. - Present how to make sure your remarried and unmarried clients know the default inheritance laws and help them make sure the right beneficiaries are assigned. - Examine ways to minimize the taxable estate with effective tax planning techniques. - Present how to phrase the fiduciary and beneficiary designations to leave no room for interpretation. - Guide you through ways to help your clients make the tough medical decisions regarding long-term care, end-of-life and organ donation. - Present how to verify and document the testator's competency to close the door on any potential will contests. Field(s) of Study -- Taxes; Behavioral Ethics; Specialized Knowledge.

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Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702