Estate Planning in Depth - CLE, Continuing Legal Education - ALI CLE.org
Estate Planning in Depth
  • 44th Annual Advanced ALI-ABA Summer Program at the University of Wisconsin Law School, Madison
    Cosponsored by Continuing Legal Education for Wisconsin (CLEW)
    Including Optional Sunday Afternoon (June 15) Session on Wealth Transfer Taxation
  • Sunday-Friday
  • June 15-20, 2008
  • University of Wisconsin Law School
  • Madison, WI
Register Now!

Available Online: | Coursebook

Free PodCast

Listen to "Planning for Asset Protection" from the program Estate Planning in Depth originally presented June 17-22, 2007

What You Will Learn

Presented at an advanced level and comprising more than 37 hours of instruction, this annual course of study considers significant aspects of estate planning. This year's areas of concentration include:
•  Annual Exclusion Gift Planning
•  Drafting of Ascertainable Standards and Wide-Open Discretion
•  Estate Planning for Life Insurance
•  Estate Planning for Noncitizens Who Reside in the United States
•  Ethics Issues for Estate Planners (two hours)
•  Fiduciary Principles of Trust Distributions, Investments, Adjustments, and Conversions
•  Generation-Skipping Transfer Tax Issues
•  Give-Me-Five Powers for Dispositive Purposes
•  In-Depth Planning for the Charitable Deduction
•  Lifetime Wealth Transfer Strategies that Need Not Incur Liability for Transfer Tax
•  Planning for Asset Protection
•  Planning with Limited Partnerships
•  Planning with S Corporations
•  Premarital Agreements
•  Principles of Valuation
•  Sales to Grantor Trusts
•  Special Planning for Interests in Qualified Plans and IRAs
•  Tax Apportionment
•  Testamentary Wealth Transfer Strategies
•  Use of Disclaimers To Salvage Exemptions
•  Uses of Powers of Appointment for Inter Vivos Gifts, Avoidance of Generation-Skipping Tax, and Extension of Trusts

The course features an optional Sunday afternoon overview session (at no additional charge) on wealth transfer taxation. The daytime sessions Monday through Friday are designed for lawyers with more than basic experience in estate planning. Practitioners lacking a foundation knowledge of trusts and estates or wealth transfer taxation or who have a limited background in estate planning may benefit by careful preparation for every session, but basic material is addressed in the classroom sessions only as necessary to provide background for advanced understanding of more complex matters. Time is reserved throughout the program to address registrants' questions.

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Planning Chairs

(also on faculty)

Jerold I. Horn, Peoria, Illinois

M. Read Moore, McDermott Will & Emery LLP, Chicago

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Faculty

Lawrence Brody, Bryan Cave LLP, St. Louis

Stephanie B. Casteel, King & Spalding LLP, Atlanta

Christopher P. Cline, Wealth Management Director, Wells Fargo, Portland, Oregon

Samuel A. Donaldson, Associate Professor of Law and Director, Graduate Program in Taxation, University of Washington School of Law, Seattle

Nancy G. Henderson, Henderson & Caverly LLP, Rancho Santa Fe, California

Marcia Chadwick Holt, Davis Graham & Stubbs LLP, Denver

Richard Z. Kabaker, Michael Best & Friedrich LLP, Madison, Wisconsin

Lawrence P. Katzenstein, Thompson Coburn LLP, St. Louis

Julie K. Kwon, Philanthropic Advisor, Stanford University, Stanford, California (as of 8/11/08)

Stephanie Loomis-Price, Baker Botts L.L.P., Houston

Jonathan C. Lurie, McDermott Will & Emery LLP, Los Angeles

Jeffrey N. Pennell, Richard H. Clark Professor of Law, Emory University School of Law, Atlanta

Mark S. Poker, Michael Best & Friedrich LLP, Waukesha, Wisconsin

Frederick J. Tansill, Frederick J. Tansill & Associates, LLC, McLean, Virginia

ALI-ABA Staff Attorney: Alexander Hart, Director, Office of Courses of Study

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Program Schedule

SUNDAY, JUNE 15, 2008

1 - ­5:30 p.m.  Early Registration, Wisconsin Law Alumni Association Student Commons, Second Floor, University of Wisconsin Law School, 975 Bascom Mall

2:00 p.m.   Optional Session: Overview of Wealth Transfer Taxation - Mr. Kabaker

3:45 p.m.  Refreshment Break

4:00 p.m.   Overview of Wealth Transfer Taxation (continued)

6:00 p.m.   Adjournment for the Day

 

MONDAY, JUNE 16, 2008

7:00 a.m.  Registration and Continental Breakfast, Wisconsin Law Alumni Association Student Commons, Second Floor, University of Wisconsin Law School, 975 Bascom Mall

8:00 a.m.  Introductory Remarks and Course Overview

8:15 a.m.  Estate Planning for Noncitizens Who Reside in the United States - Mr. Moore

10:00 a.m.  Refreshment Break

10:15 a.m.  Annual Exclusion Gift Planning - Ms. Henderson

12:00 noon  Lunch Break

1:30 p.m.  Sales to Grantor Trusts - Mr. Poker

3:00 p.m.  Refreshment Break

3:15 p.m.  Principles of Valuation - Messrs. Lurie and Moore

5:00 p.m.  Uses of Powers of Appointment for Inter Vivos Gifts, Avoidance of Generation-Skipping Tax, and Extension of Trusts - Mr. Horn

5:30 p.m.  Adjournment for the Day; Networking Reception for Registrants and Faculty

 

TUESDAY, JUNE 17, 2008

7:30 a.m.  Continental Breakfast

8:00 a.m.  Planning with S Corporations - Professor Donaldson

9:45 a.m.  Refreshment Break

10:00 a.m.  Fiduciary Principles of Trust Distributions, Investments (Including the Prudent Investor Rule), Adjustments, and Conversions - Mr. Cline

11:45 a.m.  Give-Me-Five Powers for Dispositive Purposes - Mr. Horn

12:15 p.m.  Lunch Break

1:45 p.m.  Premarital Agreements - Ms. Casteel

3:30 p.m.  Refreshment Break

3:45 p.m.  Planning with Limited Partnerships - Ms. Loomis-Price

5:30 p.m.  Adjournment for the Day

 

WEDNESDAY, JUNE 18, 2008

7:30 a.m.  Continental Breakfast

8:00 a.m.  Drafting of Ascertainable Standards and Wide-Open Discretion - Mr. Horn

8:45 a.m.  Use of Disclaimers To Salvage Exemptions - Mr. Horn

9:15 a.m.  Refreshment Break

9:30 a.m.  Testamentary Wealth Transfer Strategies: Marital Deduction, Estate Tax Exemption, GST Exemption, and Credit for Transfers Previously Taxed - Professor Pennell

12:00 noon   Lunch Break

1:30 p.m.  Testamentary Wealth Transfer Strategies (continued)

2:00 p.m.  Tax Apportionment - Professor Pennell

3:00 p.m.  Refreshment Break

3:15 p.m.  Ethics Issues for Estate Planners - Professor Pennell

4:15 p.m.  Refreshment Break

4:30 p.m.  Ethics Issues for Estate Planners (continued)

5:30 p.m.   Adjournment for the Day

6:30 p.m.  Picnic at Lake Mendota for Registrants and Faculty (included in course tuition)

 

THURSDAY, JUNE 19, 2008

7:30 a.m.   Continental Breakfast

8:00 a.m.  Lifetime Wealth Transfer Strategies that Need Not Incur Liability for Transfer Tax: Grantor Trusts, GRATs, and Charitable Lead Trusts - Mr. Katzenstein

10:00 a.m.  Refreshment Break

10:15 a.m.  In-Depth Planning for the Charitable Deduction - Mr. Katzenstein

12:00 noon  Lunch Break

1:30 p.m.  Planning for Asset Protection - Mr. Tansill

3:15 p.m.  Refreshment Break

3:30 p.m.  Special Planning for Interests in Qualified Plans and IRAs - Ms. Holt

5:30 p.m.  Adjournment for the Day

 

FRIDAY, JUNE 20, 2008

7:30 a.m.  Continental Breakfast

8:00 a.m.  Generation-Skipping Transfer Tax Issues - Ms. Kwon

9:45 a.m.  Refreshment Break

10:00 a.m.  Estate Planning for Life Insurance - Mr. Brody

12:00 noon  Adjournment

 

Total 60-minute hours of instruction: including the optional overview session on Sunday: 37.25, including 2 hours of ethics

Suggested Prerequisite: Experience in legal practice in the subject matter; knowledge of the tax and property laws involved in wealth transfers

Educational Objective: Acquisition of knowledge and skills to develop proficiency as an estate planner; maintenance of professional estate planning competence; provision of information on recent legal developments

Level of Instruction: Advanced

Click Here for MCLE Credit Information

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Here's what registrants have said about this course:
"This is one of the best seminars I have ever attended. I treasure this seminar as an opportunity to learn and develop my estate planning education."

"All of the presenters' materials seem excellent and likely to be very useful down the road."

"I have attended six times and this particular seminar was exceptional. The dorm accommodations also were excellent, as was the food."

"I enjoyed the course. As a new lawyer, I may not understand fully all the topics at this point, but I have spotted many issues which I can go back and do further research on."

"Madison is a terrific city-I'm glad I got a chance to visit."

"Fabulous accommodations, accommodating staff/law school dorms/food service"

"The course was excellent. The speakers are quite brilliant and articulate. I appreciated the critical thinking these practitioners have engaged in."

"Wonderful course and pertinent topics."

"This seminar is a great opportunity to have an estate planning education and update on a variety of topics in one event. For most practitioners, including me, it would be impractical to do a one day seminar for charitable trusts and another one day seminar for GST. It would be neither efficient, nor effective. Estate Planning in Depth combines all of the most important estate tax law issues in an efficient and effective manner."

"Once again, I wanted to thank you for the quality seminar. The reason I thought of you was my morning appointment today. The client situation was absolutely perfect for one of the planning techniques I learned at the seminar. The family will be saving considerable estate taxes, and they think I am the best attorney they ever met!"

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