Estate and Trust Planning Update, Part 1 & Part 2 - 2 CLE hours
This annual program will provide you with a wide ranging discussion of significant legislative, regulatory, case law and planning developments impacting your estate and trust planning and administration practice. The program will focus on how planning has changed and become more complex after the Taxpayer Relief Act of 2012 (ATRA), discuss major, ongoing income tax planning issues related to estate planning, and provide a deep dive on the new 3.8% tax on the net investment income of trusts. The program will also cover developments in defined value clauses, retirement asset planning and loans, Family Limited Partnerships, and life insurance. This program will provide you with a real-world guide to significant developments in estate and trust planning in the last year as planners find their way in a post-ATRA world.
Day 1 – June 17, 2014:
• Planning in a Post-ATRA world – legislative, regulatory and case law developments
• New 3.8% “net investment income” of trusts and Aragona Trust case
• Retirement assets, loans, and Bobrow v. Commissioner
• Defined value clause developments
• Family Limited Partnership developments and Estate of Williams
Day 2 – June 18, 2014:
• Planning for under $10 million – a review of major planning issues
• Income tax basis issues in estate planning
• Planning to maximize portability to ensure non-application of federal income tax
• Life Insurance developments – right to dividends and inter-generational split-dollar policies
• Generation Skipping Transfer Tax planning after ATRA
Blanche Lark Christerson is a managing director at Deutsche Bank Private Wealth Management in New York City, where she works with clients and their advisors to help develop estate, gift, tax, and wealth transfer planning strategies. Earlier in her career she was a vice president in the estate planning department of U.S. Trust Company. She also practiced law with Weil, Gotshal & Manges in New York City. Ms. Christerson is the author of the monthly newsletter “Tax Topics." She received her B.A. from Sarah Lawrence College, her J.D. from New York Law School and her LL.M. in taxation from New York University School of Law.
Daniel L. Daniels is a partner in the Greenwich, Connecticut office of Wiggin and Dana, LLP, where his practice focuses on representing business owners, corporate executives and other wealthy individuals and their families. A Fellow of the American College of Trust and Estate Counsel, he is listed in “The Best Lawyers in America,” and has been named by “Worth” magazine as one of the Top 100 Lawyers in the United States representing affluent individuals. Mr. Daniels received his A.B., summa cum laude, from Dartmouth College and received his J.D., with honors, from Harvard Law School.
Renee M. Gabbard is a partner the Irvine, California office of Bryan Cave, LLP, where her practice includes all aspects of income, capital gains, gift and estate tax planning, charitable planning, and advanced wealth and business succession planning. She has written and spoken widely on estate and trust planning topics. Ms. Gabbard received her B.A. from the University of Southern California and her J.D. from New York University School of Law.