Register Today

Important Conference Information

Register today for the Estate & Trust Planning Conference coming to San Francisco July 17-18, 2017. Gain in-depth understanding, effective strategies and connections with expert professionals who specialize in this area. This year's conference also includes content tracks for those more advanced in the field and for those with just a few years of experience.

Designed For

CPAs, attorneys and financial professionals involved in estate and gift tax planning and compliance; other estate planning professionals; practitioners with high net-worth clients and clients with interests in closely held businesses.

CPE Credits

CPE: CPE 17, MCLE 14, CFP 17, MCLE LS-EP 14

Key Objective

Identify ways to maximize the worth of clients’ estates and recognize ways to take advantage of changes in estate planning to build a practice.

KEYNOTE SPEAKERS

plus

Jonathan Lurie

Venable LLP

plus

Mary Kay Foss

Sweeney Kovar LLP

plus

Jeremiah W. Doyle IV

BNY Mellon Wealth Management

plus

Bradley R. Marsh

Greenberg Traurig, LLP

plus

Al W. King

South Dakota Trust Company LLC

plus

Steven L. Walker

Law Offices of Steven L. Walker, A PLC

plus

Ronald B. Klein

CAMICO

plus

Janet L. Everson

Murphy Pearson Bradley & Feeney

plus

Andrew M. Katzenstein

Proskauer Rose LLP

plus

Kyle C. Martin

Internal Revenue Service

plus

Keith Schiller

Schiller Law Group, A PLC

plus

Cynthia D. Brittain

Inbound Wealth

plus

Jacqueline Patterson

Buchanan & Patterson, LLP

plus

John Prokey

Ramsbacher Prokey Leonard LLP

plus

James C. Counts

James C. Counts II

plus

Dennis I. Leonard

Ramsbacher Prokey & Leonard LLP

plus

Erin S. Fukuto

Raimondo Pettit Group

plus

Steven G. Siegel

Siegel Law Group

plus

Harry L. Gutman

Ivins, Phillips & Barker Chartered

plus

Paul S. Lee

The Northern Trust Company

plus

John R. Levy

John Levy, CPA

AGENDA

DAY 1
8:30 a.m. Welcome
Jonathan Lurie, Esq.
Conference Co-Chair
Venable LLP
Los Angeles
Jacqueline Patterson, J.D., MBT, CPA
Conference Co-Chair
Buchanan & Patterson, LLP
Los Angeles

8:35 a.m. Estate Planning Update

  • Address the most recent cases and rulings that impact the estate, gift and
    generation-skipping tax
  • A review of proposed changes to the transfer tax laws

Andrew M. Katzenstein, Esq.
Proskauer Rose LLP
Los Angeles
9:35 a.m. Recent Developments in Estate and Gift Tax

  • New Revenue Procedure for late Portability Elections
  • Current issues with the examination of Estate and Gift Tax Returns
  • Valuation issues with Promissory Notes
  • Obtaining a closing letter for an Estate Tax Return

Kyle C. Martin
Internal Revenue Service
Oakland
John Prokey
Ramsbacher Prokey Leonard LLP
San Jose
10:35 a.m. Break
10:45 a.m. Business Succession Planning

  • Encouragement and assessment of clients’ business succession needs
  • Integrating life insurance into the succession plan
  • Optimal GRAT and IDGT planning
  •  6166 vs. TCLATs
  •  Valuation of promissory notes

Keith Schiller, Esq.
Schiller Law Group, A PLC
Alamo
12:00 p.m. Lunch
1:00 p.m. Concurrent Sessions 1
ADVANCED TRACK
Inbound Planning for Cross Border Practitioners

Outbound:

  •  The California Revocable Trust Migration Story
  • Gifting to U.K.-based children through U.S. gift trusts
  • Trust planning with California community property
  • Gifting to Israeli-based children through U.S. gift trusts

Inbound:

  • The California Revocable Trust for the Non-Resident, Non-Domiciled individual’s inbound activities
  •  United Kingdom individuals
  • Canadian residents

Cindy Brittain, TEP
Northern Trust
Santa Barbara
FUNDAMENTAL TRACK
CPA as a Trustee

  • Forming a sub entity
  • Insurance
  • Under the probate code
  • Fiduciary duties

John Levy, CPA/PFS CFP, Moderator
John Levy, CPA
Walnut Creek
James C. Counts, II, CPA
James C. Counts II
Hemet
Janet L. Everson, L.L.M.
Murphy Pearson Bradley & Feeney
San Francisco
Ronald B. Klein, J.D., CFE
CAMICO
San Mateo
2:00 p.m. Concurrent Sessions 2
ADVANCED TRACK
Irrevocable and Grantor Trust

  • IDGT
  • Defined value clause  Level of Engagement

Dennis I. Leonard, Esq.
Ramsbacher Prokey Leonard LLP
San Jose
FUNDAMENTAL TRACK
Pitfalls in the Preparation of Form 1041, Fiduciary Income Tax Returns

  • Types of Trusts and Filing Requirements
  • Discussion of the differences between Fiduciary Accounting Income and Distributable Net Income
  • Form 56
  • Common Pitfalls and Issues

Erin S. Fukuto, CPA
Raimondo Pettit Group
Torrance
3:00 p.m. Break
3:10 p.m. Modern Uses of Partnerships in Estate Planning

  • Family limited partnerships are the only planning tool that can transform its uses and applications regardless of the form that “tax reform” will take.
    • Discussion on how partnerships (and disregarded entities) can be used to:
      • Create, shift, change, and concentrate tax basis where it can be of most benefit
      • Maximize the “step-up” in basis, if there is one
      • Defer and shift tax items
      • Diversify concentrated stock positions with little or no tax
      • Dispose of those pesky installment notes sitting in the grantor’s estate
      • Use the grantor trust and partnership rules in innovative ways

Paul S. Lee
Northern Trust
New York, NY
4:25 p.m. Hot Topics Panel

Panel of experts to discuss hot topics initiated from the audience
Jonathan C. Lurie, Esq., Moderator
Venable LLP
Los Angeles
Jacqueline Patterson, J.D., MBT, CPA, Moderator
Buchanan & Patterson, LLP
Los Angeles
5:10 p.m. Adjourn

__________________________________________________________________________________

DAY 2
8:00 a.m. Welcome
Jonathan Lurie, Esq.
Conference Co-Chair
Venable LLP
Los Angeles
Jacqueline Patterson, J.D., MBT, CPA
Conference Co-Chair
Buchanan & Patterson, LLP
Los Angeles
8:05 a.m. Funding Trusts in an Uncertain Planning Environment

  • Basic Rules: Types of Distribution to Trusts
  • Basic Rules: Income Tax Considerations When Trusts Are Funded
  • Planning Environment:
    • How to Address the Bypass Trust – Small Estates and Large Estates
    • To QTIP or Not to QTIP? Rev. Proc. 2016-49
    • Has Basis Become the Most Important Consideration?
    • How Much Appreciation is Likely and Will Heirs Be Sellers?
    • Impact of Portability and Rev. Proc. 2017-34
    • How to Address the GST Exclusion
    • Is Flexibility the Answer – Disclaimers? Clayton QTIP? Trust Protector? GPA?
  • Funding Pecuniary Trust Shares with Appreciated Property: The Kenan Rule
  • Concerns when IRD Assets Are Used to Fund Trusts

Steven G. Siegel, JD, LLM
Siegel Law Group
Morristown, NJ
9:05 a.m. Concurrent Sessions 3
ADVANCED TRACK
Advanced Issues in Property Tax

  • Trust Sprinkling, Spraying, and Power of Appointment Issues
  • Parent/Child and Grandparent/Grandchild Exclusions
  • Non Pro Rata Distributions
  • Legal Entity Issues and Planning

Bradley R. Marsh, Esq.
Greenberg Traurig, LLP
San Francisco
FUNDAMENTAL TRACK
International Issues

  • Recent update on IRS international enforcement efforts
  • Income tax rules for non-citizen clients
  • Gift tax rules for non-citizen clients
  • Estate tax rules for non-citizen clients

Steven L. Walker
Law Offices of Steven L. Walker, A PLC
San Jose
10:05 a.m. Break
10:15 a.m. Concurrent Sessions 4
ADVANCED TRACK
Advanced Post Mortem Planning

  • Funding Discounted Assets
  • Planning for Marital Trusts with the Threat of Section 2519
  • Deferring Estate Tax with Graegin Loans, 6166 and CLATs Planning for the PTP Credit
  • Basis Step Up — Consistency and Getting This at Both Deaths
  • Converting the Credit Shelter Trust into a Grantor Trust

Jonathan C. Lurie, Esq.
Venable LLP
Los Angeles

FUNDAMENTAL TRACK
Who Gets What – TAI Meets DNI

  • Why trust accounting income is important
  •  How receipts and disbursements get allocated between income and principal
  • Special rules fiduciaries have to know
  • Understanding the Uniform Principal and Income Act (UPIA) with a focus on the California UPIA

Jeremiah W. Doyle IV, J.D., LL.M. (taxation); LL.M. (banking and finance law)
BNY Mellon Wealth Management
Boston, MA
11:15 a.m. Concurrent Sessions 5
ADVANCED TRACK
Asset Protection Planning

  • What is Asset Protection Planning – Who Needs It?
  • Traditional Forms of Asset Protection
    • Transfers to Spouse
    • Incorporation
    • Limited Partnerships and LLCs
    • Joint Ownership, Tenancy by the Entirety
    • Exemption Planning
    • Retirement Plans and IRAs
    • Insurance – Life and Other Forms of Insurance
    • Annuities
    • 3rd Party Irrevocable Trusts
    • Section 529 Plans
  •  Spendthrift Trusts and Exception Creditors
  • Domestic Asset Protection Trusts
  • Foreign Asset Protection Trusts

Steven G. Siegel, JD, LLM
Siegel Law Group
Morristown, NJ
FUNDAMENTAL TRACK
A CPA Review of Wills, Trust and Other Estate Planning Documents

  • Typical Documents
  • Unauthorized Practice of Law
  • Items to look for
  • Funding Formulas

Mary Kay Foss, CPA
Sweeney Kovar LLP
Danville
12:15 p.m. Lunch
1:15 p.m. Key Considerations for Changing the Situs of a California Trust: Taxes, Privacy, Asset Protection, Investment and Administration Flexibility

  • California’s Long Arm Statute – Taxation of Trusts
  • Change of California Trust Situs
  • Strategies and Reasons for Utilizing a Non-California Trust Situs:
    • Taxes
    • Privacy
    • Asset Protection
    • Investment and Administration Flexibility

Al W. King III, J.D., LL.M., TEP, AEP 
South Dakota Trust Company LLC
New York, NY
2:15 p.m. The Continuing Saga of Unfulfilled Tax Reform

  •  The current state of the tax reform debate
    • Legislative Process
      • Presidential leadership
  • Revenue needs
  • Substantive issues
    • Business tax reform
    • Individual tax reform
    • Transfer tax reformHarry L. Gutman
      Ivins, Phillips & Barker Chartered
      Washington, DC

3:15 p.m. Break
3:25 p.m. Ask the Experts Panel

  • Panel of experts to answer questions from the audience

Jonathan C. Lurie, Esq., Moderator
Venable LLP
Los Angeles
Jacqueline Patterson, J.D., MBT, CPA, Moderator
Buchanan & Patterson, LLP
Los Angeles
4:25 p.m. Adjourn

venue

Golden Gate University - San Francisco

536 Mission Street
San Francisco, CA 94105

more information

Accommodation Specials

Come enjoy a few summer days in the city of San Francisco!

 

PRICING INFORMATION

SPONSOR

CO-HOST