Estate planners, litigators, and corporate fiduciary counsel all want to know what impact (if any) the American Taxpayer Relief Act of 2012 will have on their clients.
This advanced CLE course goes beyond basics and delves into topics that specifically affect beneficiaries and fiduciaries, while offering registrants solutions to their most pressing concerns through small roundtable discussions and networking opportunities.
Experienced planning chairs Steve Fast and Bob Whitman, and the rest of the nationally known faculty panel, provide two full days of knowledge, insight, and even a bit of humor as they update you on all the current law developments affecting beneficiaries and fiduciaries.
What You Will Learn
The go-to program for estate and trust administration professionals is back by popular demand! Get the latest insight on the issues, including strategies for addressing current challenges for unhappy beneficiaries and concerned fiduciaries. Expert faculty of seasoned practitioners from across the country will examine:
Emerging fiduciary issues and how to pick (or be picked as) the best lawyer for the job
Hot topics in tax, ethics, and estate and trust administration
What you don’t (but should!) know about income taxation of estates and trusts
The current fiduciary litigation landscape—and what you should do differently
Perils of the lawyer-trustee
The emboldened beneficiary
Deposition devils and details
“Side letters” to trustees
The intersection of the prudent investor and business interests
Failing facility – drawing the lines on diminished capacity
Using taxes to settle disputes
Ethics analysis (one hour)
Your issues, one-on-one
Faculty will reserve time throughout the program to address your questions.
Registrants at the live program have the opportunity to take part in small, focused, and interactive discussions during breakfast.
Who Should Attend
Estate planning attorneys, estate and trust administration professionals, lawyers representing fiduciaries and beneficiaries, risk managers, investment officers, relationship managers, investment advisors, and financial planners should attend this accredited continuing legal education program from ALI CLE.
COURSE REGISTRANTS WILL ALSO RECEIVE FREE ON DEMAND ACCESS TO ALI CLE'S AUDIO WEBCAST "In the Wake of Windsor and Perry: Estate Planning for Same Sex and Unmarried Couples."
Steven M. Fast, Day Pitney LLP, West Hartford, Connecticut (also on faculty)
8:00 a.m. Registration and Continental Breakfast, with an opportunity for Talk at the Tables about your issues with speakers from the day (not recorded or webcast)
8:40 a.m. Administrative Remarks – ALI CLE Staff
VIDEO WEBCAST SEGMENT A $329
8:45 a.m. New Cases, New Risks (and Some Solutions) for Fiduciaries, Part I – Mr. Campisi
10:30 a.m. Networking and Refreshment Break
10:45 a.m. Income Taxation of Estates and Trusts: What You Haven’t Been Thinking About – and May Wish You Had – Professor Pennell
12:00 noon Lunch Break
VIDEO WEBCAST SEGMENT B $329
1:15 p.m. Ethics (but Not Just a Boring Parade through the Rules) – Professor Pennell
2:15 p.m. View from the Inside: Emerging Fiduciary Issues and Picking the Right Lawyer for the Right Issue – Messrs. Sicilian and A. Young
3:00 p.m. Networking and Refreshment Break
3:15 p.m. The Duty to Inform – What It is Now and Are Numbers Really Enough? – Mr. Kronenberg
4:00 p.m. Using Taxes to Settle Disputes – Mr. Rubenstein
4:45 p.m. The “Side Letter” to Trustees: Asset or Liability? – Ms. Nair and Mr. Rothstein
5:30 p.m. Adjournment for the Day; Networking Reception for Registrants and Faculty
Friday, July 19, 2013
8:15 a.m. Networking and Continental Breakfast, with an opportunity for Talk at the Tables about your issues with speakers from the day (not recorded or webcast)
VIDEO WEBCAST SEGMENT C $329
8:45 a.m. New Cases, New Risks (and Some Solutions) for Fiduciaries, Part II – Mr. Campisi
10:15 a.m. Networking and Refreshment Break
10:30 a.m. Dealing with Diminished Capacity – Mr. R. Young
11:15 a.m. Depositions: A View from the East and the West on Strategy for Fiduciaries – Ms. Sperling and Mr. Wilson
12:00 noon Lunch Break
VIDEO WEBCAST SEGMENT D $329
1:15 p.m. Communication and Design Features To Ensure the Effective Implementation of Estate Plans – Mr. Holdway and Ms. Mullaney
2:00 p.m. Perils of the Lawyer-Trustee – Ms. Kanyuk
2:45 p.m. Networking and Refreshment Break
3:00 p.m. Decanting with no Carafe – Ms. Solomon
3:30 p.m. Managing Business Interests in Trusts Without (Too Much) Liability – Mr. DiCarlo
4:00 p.m The Empowered Beneficiary (and Settlor) as Trustee, Trustee Remover, and Trustee Appointer– Messrs. Cushing and Fast
4:45 p.m. Adjournment
Total 60-minute hours of instruction: 13.25, including one hour of ethics
Suggested Prerequisite: Limited experience in legal practice in subject matter or completion of Basic CLE Course in subject matter
Educational Objective: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent legal developments