Live Seminar

Top Estate Planning Techniques

Seminar

Date:

Monday, June 11, 2018

Time:

8:30 AM - 4:40 PM

Product ID#:

79079ER

Location:

Holiday Inn Princeton

100 Independence Way

Princeton, NJ 08540

$359.00

$349 / Each Additional

$339 / New Professional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • NJ CLE - 8.00
  • NY CLE - 8.00
  • PA CLE - 6.50

CPE for Accountants

  • CPE for Accountants/NASBA - 8.00

Other

  • Financial Planners - 8.00
  • IACET - 0.70
  • PACE - 8.00

Program Description

Focus Your Efforts on Techniques That Work

This engaging course will take you through the basics of estate planning and beyond with old and new techniques that our attendees have voted to be the most effective in their practice. Find out what makes these estate planning tools "superstars" and gain practical tips for maximizing their uses. Enroll today!

  • A simple will remains one of the most effective tools in estate planning - learn how to phrase it to maximize its effectiveness.
  • Gain practical tips for drafting legally defensible transaction agreements to make sure the gifts are properly documented.
  • Help your client transfer a business to beneficiaries without diminishing its value or surrendering too much control.
  • Protect yourself with thorough knowledge of laws and regulations governing the actions of fiduciaries.
  • Learn why it's important to know when to file the tax return for grantor trusts.
  • Determine whether a client qualifies as a beneficiary of a special needs trust and gain tips for drafting one.
  • Don't reinvent the wheel - modify our sample trust documents to create airtight qualified personal residence trusts.
  • Maximize your asset protection: learn how to make sure all your clients' assets are accounted for in the trust documents.
  • Create clear final instructions and last wishes to lift the burden of funeral planning from heirs.
  • Use spendthrift language in ILITs to limit the ability of beneficiaries to assign interest and creditors to make demands on the trustees to pay the debts of beneficiaries.

Who Should Attend

This basic level seminar offers an overview of the best practices in estate planning and will benefit:

  • Attorneys
  • Paralegals
  • Financial planners
  • Accountants and CPAs
  • Tax Professionals
  • Trust officers

Course Content

  1. Wills
  2. Annual Exclusion Gifting
  3. Tax and Estate Planning for Pension and IRA Assets
  4. Grantor Trusts
  5. Irrevocable Life Insurance Trusts
  6. Qualified Personal Residence Trusts
  7. Business Entities
  8. Special Needs Trusts
  9. Top Post-Mortem Planning Techniques

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 8.00 -  NJ
CLE 8.00 -  NY*
CLE 6.50 -  PA

Financial Planners – Financial Planners: 8.00

International Association for Continuing Education Training – IACET: 0.70

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 8.00 *

Professional Achievement in Continuing Education – PACE: 8.00


* denotes specialty credits

Agenda / Content Covered

  • WILLS
    8:30 - 9:15, Written and presented by Ethan Ordog in Princeton and Cherry Hill. Presented by Daniel J. Jurkovic in Hasbrouck Heights.
    • Checklist for Gathering Client Information
    • Must-Have Provisions - Drafting Do's and Don'ts
    • Building Flexibility Into the Plan - Checklist of Special Provisions
    • Methods of Designating Fiduciaries
    • The No-Contest Clause
    • Keeping the Clients Current on Their Wills
    • Educating Your Clients on the Harm of Writing Someone Out of the Will
    • Practical Pointers and Sample Will Review
  • ANNUAL EXCLUSION GIFTING
    9:15 - 10:00, Written and presented by I. Richard Ploss in Princeton and Cherry Hill, and by Kevin F. Murphy in Hasbrouck Heights.
    • Determining Recipients of the Gifts
    • Choosing the Most Highly Appreciated Assets for Annual Gifting
    • Minimizing Gift and GST Taxes
    • Reporting to the IRS
    • Maximizing Annual Exclusion and Lifetime Exemption Gifting
    • Gifting Techniques
  • TAX AND ESTATE PLANNING FOR PENSION AND IRA ASSETS
    10:15 - 11:15, Written and presented by Daniel Del Collo III in Princeton, Cherry Hill, and Hasbrouck Heights.
    • Beneficiary Designations
    • Separate Shares for Beneficiaries
    • Trusts and Beneficiaries
    • Roth Conversions
    • Bypass Trust Funding With IRAs
    • Inherited IRAs
    • Asset Protection
    • Required Minimum Distributions
  • GRANTOR TRUSTS
    11:15 - 12:00, Written and presented by Joseph G. Dolan in Princeton and Hasbrouck Heights. Presented by I. Richard Ploss in Cherry Hill.
    • GRATs
    • GRITs
    • IDGTs
    • Trust Protectors
  • IRREVOCABLE LIFE INSURANCE TRUSTS
    1:00 - 1:45, Written and presented by Joseph G. Dolan in Princeton, Maria A. Cestone in Hasbrouck Heights and Douglas A. Fendrick in Cherry Hill.
    • Single Life and Second to Die Trusts
    • Hanging and Flexible Crummey Powers
    • GST Planning and Allocation of GST to Gifts
    • Spousal Access and Wrap Trusts
  • QUALIFIED PERSONAL RESIDENCE TRUSTS
    1:45 - 2:15, Written and presented by Kevin F. Murphy in Hasbrouck Heights and Douglas A. Fendrick in Cherry Hill. Presented by I. Richard Ploss in Princeton.
  • BUSINESS ENTITIES
    2:30 - 3:10, Written and presented by Maria A. Cestone in Hasbrouck Heights. Presented by Daniel J. Jurkovic in Princeton and Jeff Vandrew Jr. in Cherry Hill.
    • Family Limited Partnerships
    • Limited Liability Corporations
    • S Corps
    • Other Types of Entities
  • SPECIAL NEEDS TRUSTS
    3:10 - 3:55, Written and presented by Ethan Ordog in Princeton and Cherry Hill. Presented by Daniel J. Jurkovic in Hasbrouck Heights.
    • What SNTs Can and Cannot Do for Your Client
    • Assessing the Degree of the Beneficiary's Current and Future Disability and Needs
    • Types of SNTs and Their Uses
    • Basic Drafting Considerations
    • SNT Funding, Administration and Termination
  • TOP POST-MORTEM PLANNING TECHNIQUES
    3:55 - 4:40, Written and presented by Daniel J. Jurkovic in Princeton and Hasbrouck Heights. Presented by Jeff Vandrew Jr. in Cherry Hill.
    • Claiming the Remaining Exemption under the Portability Rule
    • Asset Valuation and Discounts
    • Special Elections
    • Disclaimers
    • Subtrust Funding
    • Charitable Giving
    • Distributions to Minors and Trusts
    • Trust Conversions and Modifications

MARIA A. CESTONE is a shareholder and director of Cestone & Thompson P.C., located in East Hanover, New Jersey. She concentrates her practice in the areas of estate planning and administration; the counseling of fiduciaries regarding estate, trust and charitable administration issues; as well as the creation, implementation and taxation of business formation, governance, and succession plans. Ms. Cestone's clients include individuals, corporations (for profit and not-for-profit), and fiduciaries. She has worked in a number of foreign jurisdictions, most of which have been Spanish speaking nations on account of her facility with the Spanish language. Ms. Cestone is admitted to practice law in New Jersey and before the U.S. Tax Court. She is the incoming Legislative Liaison of the Board of Consultors of the New Jersey State Bar Association Section of Real Property, Probate and Trust Law, the New York-Presbyterian Hospital Planned Giving Advisory Council, the Bergen County Estate Planning Council, and the Society of Trust and Estate Practitioners (STEP). Ms. Cestone is a past member of the New Jersey Supreme Court Ethics Committee (District VB). She is a current member of the Board of Directors of the Tahirih Justice Center (a national nonprofit providing pro bono counsel to immigrant women and girls fleeing violence) where she serves as Secretary of the Board and member of the Executive Committee. Ms. Cestone earned her B.A. degree from Drew University, her J.D. degree from Seton Hall University School of Law, and her LL.M. degree in taxation from Boston University School of Law. (Hasbrouck Heights location)

DANIEL DEL COLLO III concentrates his practice in the areas of estate planning, estate administration and elder law, including the drafting of wills, trusts (and special needs), guardianships, Medicaid planning, powers of attorney and advanced medical directives. Mr. Del Collo’s elder law clients also call upon him to handle personal injury, real estate and business law matters. Before launching his own law practice, he worked at an award-winning high volume estate planning and elder law firm in Southern New Jersey, where he provided counsel to individuals and families (ranging from pro-bono to high net worth) regarding wills, trusts, asset protection, guardianships, tax issues and Medicaid planning, including financial planning for those with special needs. Mr. Del Collo also provided counsel to individuals and families with loved ones suffering from varying types and degrees of dementia such as Alzheimer’s, Parkinson’s, Huntington’s and other neurological diseases. He earned his undergraduate degree from Haverford College and his J.D. degree from Rutgers School of Law - Camden. (Princeton, Hasbrouck Heights and Cherry Hill locations)

JOSEPH G. DOLAN is a principal with the law firm of Porzio, Bromberg & Newman, P.C., where he practices in all areas of taxation with an emphasis on estate planning, estate and trust administration, and probate matters, as well as estate and trust litigation. He is a member of the New Jersey State (Real Property, Probate and Trust and Taxation sections), the American (Real Property, Probate and Trust and Taxation sections), and the Morris County bar associations. Mr. Dolan is also a member of the American Institute of Certified Public Accountants, the New Jersey Society of Certified Public Accountants and the Northern New Jersey Estate Planning Council. He is admitted to practice in New Jersey, and before the U.S. District Court, District of New Jersey; and the U.S. Tax Court. Mr. Dolan earned his B.S. degree, magna cum laude, from Saint Peter's College; his J.D. degree from Seton Hall University School of Law; and his LL.M. degree from Villanova University School of Law. (Princeton and Hasbrouck Heights locations)

DOUGLAS A. FENDRICK maintains his law office of Fendrick & Morgan, LLC, in Voorhees, New Jersey. His practice concentrates in the areas of estate planning, elder law and estate administration. Mr. Fendrick is admitted to practice in New Jersey and Pennsylvania; and before the U.S. Tax Court. He is a certified elder law attorney through the National Elder Law Foundation, an accredited estate planning specialist through the American Bar Association, and a certified public accountant. Mr. Fendrick is accredited by the Veterans Administration to counsel clients regarding veterans benefits. He was a former trial attorney with the Office of Chief Counsel, Internal Revenue Service, in Philadelphia, Pennsylvania. Mr. Fendrick is a member of the Camden County and Burlington County bar associations, as well as the South Jersey Estate Planning Counsel. He earned his B.S. degree, cum laude, from Rider University; his J.D. degree from Rutgers University School of Law; and his LL.M degree from Temple University. (Cherry Hill location)

DANIEL J. JURKOVIC is an attorney located in Rutherford, New Jersey, whose practice is concentrated in the areas of elder law, guardianship, disability planning and estate planning. He has been granted the title of certified elder law attorney by the National Elder Law Foundation. This certification has been approved by the New Jersey Supreme Court and accredited by the American Bar Association. Mr. Jurkovic earned his B.S.B.A. degree from Thomas Edison State College, his M.S. degree in labor relations from Cornell University and Baruch College, and his J.D. degree, and a certificate in health law policy from Pace University. Recently, Mr. Jurkovic represented the Guardianship Association of New Jersey, Inc. (GANJI) and the National Academy of Elder Law Attorneys-N.J. (NAELA-NJ) as amicus parties before the New Jersey Supreme Court in the matter of Thomas Saccone v. Board of Trustees, Police and Fireman’s Retirement System, and previously served as lead attorney on the amicus curiae brief submitted to the New Jersey Supreme Court in the matter of In Re Keri. Mr. Jurkovic is a frequent public speaker and has spoken before the New Jersey State and County bar associations, the New Jersey Institute for Continuing Legal Education, and numerous local social and civic organizations. (Princeton and Hasbrouck Heights locations)

KEVIN F. MURPHY is a member of the Roseland law firm of Lum, Drasco & Positan, LLC, where his main areas of practice are taxation, limited liability companies, estate planning, trusts and estates, ERISA, employee benefits, and nonprofit organizations law. Mr. Murphy is also a certified public accountant. He has lectured to various professional groups on tax topics, and he is an adjunct professor at Fairleigh Dickinson University in the M.S. tax program. Mr. Murphy is a member of the New Jersey State (member, Taxation, Employee Benefits, Real Property, Probate and Trust Law sections) and American (member, Taxation and Employee Benefits sections) bar associations, and the Northern New Jersey Estate Planning Council. He earned his B.B.A degree from the University of Notre Dame and his J.D. degree from Seton Hall University. (Hasbrouck Heights location)

ETHAN ORDOG is an attorney with Begley Law Group, PC, where he concentrates his practice in estate and trust litigation, estate and trust administration, and guardianship. Mr. Ordog is licensed to practice law in New Jersey and before the U.S. District Court for the District of New Jersey. He is a member of the New Jersey State Bar Association, American Bar Association, and the bar associations of Burlington and Camden counties. Mr. Ordog earned his B.S. degree, cum laude, from Moravian College in Bethlehem, Pennsylvania and his J.D. degree from Roger Williams School of Law in Bristol, Rhode Island. (Princeton and Cherry Hill locations)

I. RICHARD PLOSS is counsel to Porzio, Bromberg & Newman, P.C., and a member of the firm's Trusts and Estates Department. Mr. Ploss concentrates his practice primarily on estate planning for high net worth individuals and their businesses, estate administration, probate litigation and fiduciary income taxation in New Jersey and throughout the East Coast. He has extensive experience advising individual clients in the areas of wealth transfer planning and the preparation of estate planning documents. Mr. Ploss is a certified public accountant (CPA) in the state of Georgia, a Certified Financial Planner™(CFP®) and a professional registered trust and estate practitioner (TEP). He frequently publishes articles and speaks on trust and estate matters. Mr. Ploss currently serves as an adjunct professor, teaching trusts and estates at the University of Maine Law School. He has previously taught classes in estate planning at Boston University, Fordham University, Fairleigh Dickinson University and Georgetown University. Mr. Ploss is a member of the American Bar Association (member, Real Property and Trust Law Section); Boston Estate Planning Council; Northern New England Financial Planners' Association; and the Society of Trusts & Estates Practitioners (STEP), Boston, MA Chapter. He received his B.S. degree from Bucknell University, his MBA from Tulane University, A.B. Freeman School of Business, and his J.D. degree from Emory University School of Law. (Princeton and Cherry Hill locations)

JEFF VANDREW JR. is the founder of Vandrew LLC, a boutique firm with offices in Red Bank and Toms River which focuses on estate planning and taxation. He has earned the distinction of tri-licensure as an attorney, CPA, and CFP. Mr. Vandrew is board certified as an estate planning law specialist by the ABA-accredited Estate Law Specialist Board. He has been published in The New Jersey Law Journal and has taught estate planning to attorneys from around the country. Mr. Vandrew earned his B.A. degree, with honors, from Rutgers University and his J.D. degreefrom Rutgers Law School. (Cherry Hill location)

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

NJ CLE: 8.00
This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 8.0 hours of total CLE credit. Of these, 0.0 qualify as hours of credit for ethics/professionalism.


NY CLE: 8.00 Includes - Areas of Professional Practice: 8.00
This course has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 8.0 credit hours. 8.0 hours can be applied to the Areas of Professional Practice requirement and 0.0 hour can be applied toward the ethics and professionalism requirement. This live format program is appropriate for newly admitted and experienced attorneys.


PA CLE: 6.50
This program has been approved by the Pennsylvania Continuing Legal Education Board for a total of 6.5 hours, including 6.5 hours of substantive law, practice and procedure CLE credit and 0.0 hour of ethics, professionalism or substance abuse CLE credit.


Financial Planners

N CF: 8.00
This program has been accepted by the Certified Financial Planner Board of Standards Inc. and qualifies for 8.0 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. Explain the methods of designating fiduciaries. 2. Recall how to report annual exclusion gifting to the IRS. 3. Describe how to bypass trust funding with IRAs. 4. List three types of grantor trusts. 5. Describe the different types of irrevocable life insurance trusts. 6. Explain what a qualified personal residence trust is. 7. List at least two types of business entities involved in estate planning. 8. Give a specific example of a special needs trust and its use. 9. Explain how to claim remaining estate tax exemption under the portability rule.

International Association for Continuing Education Training

Credit Logo
N IACET: 0.70
NBI, Inc. is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. NBI, Inc. is authorized by IACET to offer 0.7 CEUs for this program. At the end of the program, participants must complete a self-assessment in order to receive credit. 100% attendance is required. (Provider #1004558)

Upon completion of this course, attendee will be able to: 1. Explain the methods of designating fiduciaries. 2. Recall how to report annual exclusion gifting to the IRS. 3. Describe how to bypass trust funding with IRAs. 4. List three types of grantor trusts. 5. Describe the different types of irrevocable life insurance trusts. 6. Explain what a qualified personal residence trust is. 7. List at least two types of business entities involved in estate planning. 8. Give a specific example of a special needs trust and its use. 9. Explain how to claim remaining estate tax exemption under the portability rule.

National Association of State Boards of Accountancy

Credit Logo
N NAS: 8.00 Includes - Specialized Knowledge: 6.00, Taxes: 2.00
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 8.0 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 level program presented in a group live setting. No advanced preparation or prerequisites are required. Upon completion of this course, attendee will be able to: 1. Explain the methods of designating fiduciaries. 2. Recall how to report annual exclusion gifting to the IRS. 3. Describe how to bypass trust funding with IRAs. 4. List three types of grantor trusts. 5. Describe the different types of irrevocable life insurance trusts. 6. Explain what a qualified personal residence trust is. 7. List at least two types of business entities involved in estate planning. 8. Give a specific example of a special needs trust and its use. 9. Explain how to claim remaining estate tax exemption under the portability rule. Field(s) of Study -- Taxes; Specialized Knowledge.

Professional Achievement in Continuing Education

N PACE: 8.00
This seminar qualifies for 8.0 PACE (Professional Achievement in Continuing Education) credit hours for CLU, RHU, and/or ChFC.


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