Sessions | AICPA ENGAGE 2019

Sunday, June 9 2019

6/9 1:00PM5:00PM

EST19101. Basic Estate Planning Workshop

Paige Goepfert - Director, Andersen Tax LLC
Missia Vaselaney - Attorney, Taft Stettinius & Hollister, LLP
Gary Zwick - Partner, Walter Haverfield LLP

This workshop will provide a foundation in estate planning that you cannot get elsewhere. You will:
1. Hone your skills in communication, networking and building client rapport
2. Build your basic knowledge through practical applications of wills, trusts, property law and estate planning concepts — the knowledge foundation a practitioner needs to succeed in an estate planning practice.

6/9 1:00PM5:00PM

EST19102. Basic 1041 and Trust Accounting Income

Steve Siegel - President, The Siegel Group
Jackie Patterson - Partner, Buchanan & Patterson,LLP

This session will address the preparation of IRS Form 1041 (Fiduciary Income Tax) and will describe how the Form is completed to report the income and deductions of trusts and estates. Discussion will include the distinctions between trust accounting income and principal and will highlight how the 2017 Tax Cuts and Jobs Act has impacted the income taxation of trusts and estates.

Learning Objectives:
1) Gain an understanding of the detailed preparation of IRS Form 1041.
2) Learn how to identify and distinguish trust accounting income and trust accounting principal.
3) Determine the impact of the 2017 Tax Cuts and Jobs Act on the income taxation of trusts and estates.

6/9 5:10PM6:00PM

EST19103. What You Can Tell Your Clients About TCJA (Complimentary)

Lisa Featherngill - Head of Legacy and Wealth Planning, Abbot Downing
Robert Keebler - Partner, Keebler and Associates, LLP
Paul Lee - Global Fiduciary Strategist, Northern Trust Company

Hear top tips from Paul Lee, Bob Keebler and Lisa Featherngill for advising clients about the opportunities and potential pitfalls arising from the new tax law.

Learning Objectives:
1) Participants will learn ideas for clients to manage income taxes under the new law.
2) Participants will learn ideas for clients to utilize the temporarily doubled gift/estate/GST exclusion under the new law.

Monday, June 10 2019

6/10 7:00AM7:50AM

EST19ER02. Basic Estate Planning Q&A

Paige Goepfert - Director, Andersen Tax LLC
Missia Vaselaney - Attorney, Taft Stettinius & Hollister, LLP
Gary Zwick - Partner, Walter Haverfield LLP
6/10 7:00AM7:50AM

EST19ER01. Running the Numbers

Steve Bigge - Partner, Keebler and Associates, LLP

While the increased estate tax exemption has virtually eliminated all taxpayers from being subject to the estate tax, there are still some non-estate tax reasons for engaging in various estate planning techniques. During this session, we will discuss the following estate planning techniques and outline ways to make them more effective.
• Tax exclusive nature of gift taxes
• Leveraging of the GST exemption
• Grantor Retained Annuity Trusts (GRATs)
• Installment sales to Intentionally Defective Grantor Trusts (IDGTs)
• Self-Canceling Installment Notes (SCINs)
• Private annuities

Learning Objectives include:
1. Understand the importance of running the numbers in developing and communicating planning techniques for clients
2. Discover ways to minimize income, estate and gift taxes
3. Recognize methods to maximize benefits to children and family
4. See how to take full advantage of the currently low interest rates

6/10 8:00AM9:15AM

EST1901. Estate Planning Update

Andy Katzenstein - Partner, Proskauer Rose LLP
6/10 9:30AM10:45AM

EST1902. Planning for the Non-Taxable Estate

Paul Lee - Global Fiduciary Strategist, Northern Trust Company

This presentation will discuss how tax advisors should tell their their wealthy (but not ultra-wealthy) clients who no longer have a Federal estate tax problem because of the very high (and temporarily doubled) applicable exclusion amounts. It will discuss estate and income tax planning techniques in light of estates of varying sizes, the risk of expiring exclusions, the “clawback” regulations, and state income and death tax considerations.

Learning Objectives:
1. When (and how) should clients make large taxable gifts?

2. How to build flexibility into client plans if tax laws change.

3. Techniques that maximize income tax savings when transfer taxes are no longer a problem.

6/10 11:15AM12:05PM

EST1903. Basic 706 Preparation: Common Errors

Mary Kay Foss - Owner, Mary Kay Foss CPA
Donita Joseph

Preparation of Form 706 is becoming a lost art. IRS inspects every return that is filed. You don't want to look like a rookie - prevent that by avoiding common errors.

Learning Objectives:
1. Identify presentation methods that clearly describe assets and valuation

2. Understand how recent developments affect Form 706 preparation.

6/10 11:15AM12:05PM

EST1904. Decanting

Kristen Simmons - Member, Oshins & Associates LLC
Courtney McCandless - Attorney, Oshins & Associates,LLC
Heidi Freeman - Member, Oshins & Associates,LLC

In the Decanting Session, the speakers will discuss how to utilize decanting to make trusts more efficient for creditor, estate and income tax purposes. Specifically, the speakers will discuss trust design that is most advantageous for creditor, income tax and estate tax protection, and how an otherwise irrevocable trust can be improved through decanting.

Learning Objectives:
1) Review the process of decanting and different state law approaches to decanting
2) Review what can and cannot be accomplished through decanting depending on state law.
3) Review optimal trust design for creditor, income tax and estate tax purposes
4) Review decanting case studies.

6/10 11:15AM12:05PM

EST1905. Advising Clients through Life's Toughest Times

Lisa Featherngill - Head of Legacy and Wealth Planning, Abbot Downing
Amy Jucoski - Managing Director, Legacy and Wealth Planning, Abbot Downing,Wells Fargo

You know what to do with money. How many times do you wonder what to say to the client? When clients cope with death, divorce, retirement, empty nest, or other life transitions, what you say and do in the office has more influence on your client relationship than your financial savvy ever did. Understand how to answer the dreaded “bad news” phone call, the unique issues that your clients face, the differences between men and women, and the best ways to communicate at appointments and on the phone. Find out how to handle a crying client and whether the stages of grief are applicable. Gain skills to deal with irrational fears, bring humor into meetings, and help clients make wise decisions in the midst of loss. Walk away with practical, proven strategies that you can implement immediately.

Learning Objectives:
1. Learn the most important principles of grief support, what questions to ask a grieving client, and how to support clients in transition without intruding into their personal lives.

2. Reinforce the value of life insurance and gain some tips on introducing the topic to clients.

3. Understand why the “stages of grief” are insufficient knowledge and what to expect instead from grieving clients and family members.

4. Gain skills for handling client fears, establishing empathetic bonds, and building long-term loyalty.

5. Learn what to say at funerals and services to offer genuine comfort to clients.

6. Develop a variety of ways to supportively follow up in the year after a death in a client’s family, including what to write in a condolence card.

7. Discover how to check in with clients on the level and type of support you are providing.

6/10 11:15AM12:05PM

ENG1901. Estate Planning in the Modern Age (EST, PFP)

Jeff Levine - Director of Advisor Education, BluePrint Wealth Alliance / Kitces.com

In recent years, the rise of the Federal estate tax exemption has dramatically reduced the scope of “traditional” estate planning. Nevertheless, financial advisors can continue to provide an extraordinary amount of value in the overall estate planning process. In this session we’ll explore the paradigm shift in end-of-life tax planning, which has changed the focus from estate tax minimization, to basis management and planning to minimize income tax liability. We’ll also explore how the rise of the digital world has created a new wrinkle for estate planning: how to effectively transition “digital” assets, which may include assets with a monetary value, as well as assets with “just” personal or sentimental value, such as social media profiles and digital photos, and online subscriptions.

Learning Objectives:
1. Describe the value of portability and the steps necessary to transfer a deceased spouse’s unused exemption amount (DUSEA) to a surviving spouse.

2. Discover common problems and solutions for dealing with estate tax “decoupling”.

3. Explore different end-of-life basis planning techniques.

4. Identify digital assets within a client’s estate.

5. Understand the key elements of RUFADAA, and how it controls a fiduciary’s access to digital assets within most states.

6/10 1:30PM2:45PM

ENG19K01. The Fat Tail: The Power of Political Knowledge for Strategic Investing

Ian Bremmer - President & Founder, Eurasia Group

The fallout from the still-unfolding global financial crisis provides several perfect examples of "fat tail" risk, those that flow from the low-probability, high-impact events that generate upheaval more often than we think. Bremmer shares with audiences how an understanding of the political dynamics generated by the financial crisis helps us forecast market risks, why politics matter more than ever for market performance, why the world's wealthiest countries have begun to behave like emerging market states, and what all this means for investors and companies.

At this presentation audiences will learn:
1) The risks that flow from low-probability, high-impact events...like the global financial crisis
2) Why politics matter more for the performance of markets and for issues ranging from defaults to nationalization to regulatory reforms
3) Why developed states are behaving more like emerging markets
4) The shift from New York, Shanghai, and Mumbai to Washington, Beijing, and Delhi—and the risks that this trend creates

6/10 3:45PM4:35PM

EST1907. To be Announced

6/10 3:45PM4:35PM

ENG1902. Dealing with Grieving Clients (EST, PFP)

Amy Florian - CEO, Corgenius

You know what to do with money. How many times do you wonder what to say to the client? When clients cope with death, divorce, retirement, empty nest, or other life transitions, what you say and do in the office has more influence on your client relationship than your financial savvy ever did. Understand how to answer the dreaded “bad news” phone call, the unique issues that your clients face, the differences between men and women, and the best ways to communicate at appointments and on the phone. Find out how to handle a crying client and whether the stages of grief are applicable. Gain skills to deal with irrational fears, bring humor into meetings, and help clients make wise decisions in the midst of loss. Walk away with practical, proven strategies that you can implement immediately. Learning Objectives:
1) Learn the most important principles of grief support, what questions to ask a grieving client, and how to support clients in transition without intruding into their personal lives.
2) Reinforce the value of life insurance and gain some tips on introducing the topic to clients.
3) Understand why the “stages of grief” are insufficient knowledge and what to expect instead from grieving clients and family members.
4) Gain skills for handling client fears, establishing empathetic bonds, and building long-term loyalty.
5). Learn what to say at funerals and services to offer genuine comfort to clients.
6) Develop a variety of ways to supportively follow up in the year after a death in a client’s family, including what to write in a condolence card.
7) Discover how to check in with clients on the level and type of support you are providing.

6/10 3:45PM4:35PM

ENG1903. Roth IRA Conversion After the TCJA (PFP, EST)

Steve Bigge - Partner, Keebler and Associates, LLP

With the passage of the TCJA, Roth IRA conversions have once again become popular. While many professional advisors know about the basic rules of Roth IRAs, they do not understand the economic/tax intricacies associated with them. Unfortunately, failure to understand the mathematical fundamentals of Roth IRA conversions can lead to making disastrous decisions. However, with a good working knowledge of the quantitative “forces” which impact Roth IRA conversions, professional advisors will be able to give cogent, straightforward advice to their clients.

Learning Objectives:
1. Reasons to convert to a Roth IRA
2. Taxation of Roth IRA conversions
3. Taxation of Roth IRA distributions
4. Mathematics of Roth IRA conversions
5. Recharacterizations
6. Estate tax considerations
7. “Stretch” Roth IRAs • Using insurance to preserve post-death “stretch-out”
8. Tax-sensitive withdrawal strategies

6/10 3:45PM4:35PM

EST1906. Intra-Family Loans and Notes

James Hogan - Managing Director, Andersen Tax

Transfer tax issues pertaining to loans between family members. What practitioners should be aware of and what the Internal Revenue Service looks for when examining intra-family loans.
1. What provisions should be included in notes between family members.
2. What issues need to be addressed after the note is executed.

6/10 4:50PM6:05PM

EST1908. DNI Bootcamp

Jeremiah Doyle - Senior Vice President, BNY Mellon Wealth Management

Distributable Net Income (DNI) is the lifeblood of the distribution system applicable to trusts and estates. This session will begin by reviewing what DNI is, how it is calculated and why it is important. After reviewing three example of how DNI is calculated we will review how DNI is allocated between the trust/estate and its beneficiaries, how specific bequests are treated, the operation of the tier system and separate share rule, the Section 643(e) election and how capital gains are treated in the calculation of DNI. We will also discuss how income from pass-through entities owned by a trust/estate are handled for purposes of calculating DNI. This session is designed to give the practitioner a basic to intermediate understanding of the operation of the distribution system of trust and estate and how DNI is reported on the Form 1041 and the Schedule K-1.

Learning Objectives:
1. Learn the basic concepts in the calculation of DNI

2. Learn the rules for including capital gains in DNI

3. Learn how to calculate DNI and report it on the Form 1041

6/10 4:50PM6:05PM

EST1909. Charitable Gifts of Business Interests

Micaela Saviano - Art & Finance Tax Leader, Deloitte Tax, LLP

This session is an overview of the advantages of giving appreciated stock to charity, with considerable time devoted to the challenges and solutions when donors own S corporation stock or LLC interests.

Learning Objectives:
1. Understand the tax advantages of donating appreciated C corp stock to charity, rather than donating cash
2. Understand why S corporation stock and LLC interests do not provide the same advantages as C corp stock, and learn the best way for owners of such interests make charitable gifts.

6/10 4:50PM6:05PM

ENG1904. Selection of Trust Situs (EST, PFP)

Very few estate planners suggest out-of-state trusts to their clients. The presenter will explain the benefits of this planning and will show many of the benefits that can be achieved by using other states' trust laws in order to obtain more favorable creditor and divorce protection, state income tax savings, estate tax savings and greater flexibility to decant trusts to obtain many of these benefits and/or to make other changes.

Learning Objectives:
1. Learn why to use another state for trusts
2. Learn the differences among many of the more favorable trust jurisdictions

6/10 4:50PM6:05PM

EST1910. Life & Death Tax Planning for Annuitites

Michael Kitces - Publisher | Partner, Nerd's Eye View | Pinnacle Advisory Group

As the use of annuities increases, particularly amongst baby boomers planning for retirement, professional advisors face more and more situations where they must properly report on and plan for annuity transactions. However, annuities are subject to unique rules of taxation. In this session, we will cover the income and estate tax treatment of deferred annuities during life and death, with a particular focus on the complex rules and significant areas of ambiguity that apply to post-death distribution requirements from deferred annuities, and including some of the latest IRS rulings! Learning Objectives:
1) Distinguish between the various types of annuities and, in particular, the various types of deferred annuities while pointing out the parties to the contract. -
2) Explain the tax treatment characteristics of deferred annuities while the owner is alive. List the exceptions to tax-deferral and how partial withdrawals differ from full surrenders.
3) Understand the tax treatment of deferred annuities upon death of the owner and how the estate tax is valued along with the post-death distribution requirements.
4) Define and explain how Income in Respect of a Decedent (IRD) works, when a deferred annuity gets a step-up in basis, and how post-death 1035 exchanges by beneficiaries work.
5) Be able to identify and address the unique, complicated problems that occur when a deferred annuity owner passes away.

Tuesday, June 11 2019

6/11 7:00AM7:50AM

EST19ER03. AICPA Trust, Estate and Gift Tax Technical Resource Panel Update and Q&A

Mary Kay Foss - Owner, Mary Kay Foss CPA
Eileen Sherr - Senior Manager - AICPA Tax Policy & Advocacy, Association of International Certified Professional Accountants
Ted Batson - Partner/Tax Counsel, CapinCrouse LLP
Jennifer Einziger - Senior Manager, Ernst & Young LLP
Justin Ransome - Partner, EY
Peggy Ugent - Retired, Giordani, Swanger, Ripp & Jetel, LLP

This discussion covers AICPA tax advocacy efforts regarding legislative and regulatory proposals and developments in trust, estate and gift tax. The AICPA Trust, Estate and Gift Tax Technical Resource Panel (TRP) of experts will answer questions about the latest developments. Attendees will have the opportunity to exchange ideas with the TRP representatives and their conference peers.

Learning Objectives:
1) Become familiar with the latest developments and emerging issues in the trust, estate and gift tax areas,
2) Learn what the AICPA is advocating for members with the IRS, Treasury and Congress in the trust, estate and gift tax areas,
3) Learn about various legislative and regulatory proposals and the potential impact on one’s practice in the trust, estate and gift tax areas.

6/11 8:00AM9:15AM

ENG1905. 199A (EST, PFP, TAX)

Robert Keebler - Partner, Keebler and Associates, LLP
6/11 9:30AM10:20AM

EST1911. Trust Situs

Jonathan Blattmachr - Senior Advisor, Pioneer Wealth Partners
6/11 11:20AM12:10PM

EST1913. CRT Compliance

Ted Batson - Partner/Tax Counsel, CapinCrouse LLP

This session will review key compliance considerations in the formation and administration of charitable remainder trusts. Topics will include suitability, selecting the proper CRT format, administration, and tax return preparation.

Learning Objectives:
1) Identify which CRT format is most suitable for a client;
2) Apply compliance considerations to day-to-day CRT administration; and
3) Explain the key components to properly preparing Form 5227

6/11 11:20AM12:10PM

ENG1907. How to Move to a Zero-Tax State (TAX, PFP, EST)

Mark Klein - Esquire, Hodgson Russ LLP

The impact of the TJCA on the deductibility of state and local taxes has created an additional incentive for taxpayers in high-tax states to move to a low or no-tax state. This session will help participants to:

1) Identify the rules used throughout the United States to get a state to accept a taxpayer’s change of residency;
2) Discuss planning opportunities and traps for the unwary; and
3) Understand the income and other tax implications of changing residency.

6/11 11:20AM12:10PM

ENG1908. 2019 and Beyond - Life Insurance Planning Opportunities You Need to Know (EST, TAX, PFP)

Todd Steinberg - Partner, Loeb & Loeb LLP

This presentation will provide insights into current and likely future planning opportunities with life insurance. We will discuss why insurance is an important asset in a client's balance sheet, how to properly analyze and implement (or refine) wealth transfer strategies that utilize (or already own) insurance. We will conclude with how the future in insurance sales is not bleak, how it can and will be both exciting and challenging.

Learning Objectives:
1. Understanding the importance of analyzing insurance and the importance of working collaboratively with other allied professionals.

2. Potential sales ideas for current and future insurance needs and opportunities.

3. Wealth transfer opportunities, utilizing insurance, for 2019 and beyond.

6/11 11:20AM12:10PM

EST1912. Trusts and 199A

Jeremiah Doyle - Senior Vice President, BNY Mellon Wealth Management
Robert Keebler - Partner, Keebler and Associates, LLP

An estate or trust operating a business as a sole proprietor or holding an interest in a partnership or S corporation is eligible for the Section 199A deduction. This session will discuss how the Section 199A deduction applies to estates and trusts, how to allocate qualified business income, W-2 wages and unadjusted basis between the entity and it beneficiaries. The session will also discuss the Section 643(f) anti-abuse regulations and how the Section 199A deduction applies to grantor trusts, charitable remainder trusts and electing small business trusts.

Learning Objectives:
1) Learn how to allocate qualified business income, qualified business income and unadjusted basis between the entity and the beneficiaries.
2) Learn how the Section 199A deduction applies to grantor trusts
3) Learn how charitable remainder trusts and electing small business trusts may be affected by the Section 199A deduction

6/11 12:25PM1:15PM

EST19NL01. Donor Advised Funds vs Private Foundations vs Supporting Orgs?

Ted Batson - Partner/Tax Counsel, CapinCrouse LLP

In this session we will:
1. Explore the distinctive features of each of these philanthropic giving techniques and
2. How and when to use each one
Pre-registration is required for these lunch sessions – seats are limited.

6/11 12:25PM1:15PM

EST19NL02. Estate Planning & Hollywood

Missia Vaselaney - Attorney, Taft Stettinius & Hollister, LLP

Get ready for your close-up and take a fun and education break from the conferences more technical sessions to find out how estate planners can use movies to illustrate estate planning concepts to clients and move the process forward.

Learning Objectives:
• An evaluation of Hollywood’s portrayal of estate planners, and estate and probate matters
• An evaluation of Hollywood’s effect on popular culture and client expectations
• Advice on how estate planners can use movies to illustrate estate planning concepts to clients and move the process forward

Pre-registration is required for these lunch sessions – seats are limited.

6/11 1:25PM2:40PM

EST1914. Trusts and Flow Through Entities

Paige Goepfert - Director, Andersen Tax LLC

In this intermediate/advanced session, attendees will learn about nuances related to a trust's investment in partnerships and S Corporations.

Learning Objectives:
1) Determine how to report a variety of tax items that are specific to ownership of partnerships and S Corporations in a trust setting.
2) Learn about estate planning techniques with trusts and flow-through entities.

6/11 1:25PM2:40PM

EST1915. GST Tax Planning, Pitfalls & Pointers

Julie Kwon - Partner, McDermott Will & Emery LLP

A properly prepared and timely filed gift tax return that reports transfers, allocates GST exemption and makes relevant elections often effectuates or preserves intended GST tax planning. Conversely, oversights may preclude or undermine the plan and waste GST exemption. This program will provide practical guidance regarding preparation of the Form 709 and related notices of allocation and election statements to note common errors, recommend best practices and review options to address prior mistakes.

Learning Objectives:
1) GST tax rules governing allocations of GST exemption
2) Preparation of Form 709 gift tax returns and related GST elections.

6/11 1:25PM2:40PM

ENG1911. Planning for Clients with a $2 million to $22 million Estate (EST, PFP, TAX)

Steve Siegel - President, The Siegel Group

This session will address how persons not likely to be federal transfer taxpayers should address their income tax and estate planning issues. We will address basis planning, key decisions to be made with existing planning and why and how it may need to be changed. We will address whether existing trusts and wills should be modified, and consider what should be done with a client's life insurance and retirement plans.

Learning Objectives:
1) Gain a general understanding of the best planning considerations and decisions for persons not likely to be federal transfer taxpayers.
2) Review a variety of planning techniques highlighting the importance of income tax planning in today's environment.
3) Address specific suggestions to be addressed with clients to update and improve their planning decisions.
4) Focus on techniques to develop income tax basis enhancement strategies.

6/11 3:40PM4:30PM

EST1916. Gift Tax Returns (Advanced Detail)

Jennifer Einziger - Senior Manager, Ernst & Young LLP
Justin Ransome - Partner, EY

This session will address advanced issues to consider when preparing gift tax returns. Topics will include charitable contributions, Crummey withdrawal powers, gift-splitting, GST elections, tracking GST exemption and inclusion ratios, PLR 75-25, voided allocations, trusts that are neither direct nor indirect skips, skip persons as Crummey withdrawal powerholders, life insurance trusts and GST, amending gift tax returns, and the adequate disclosure rules.

Learning Objectives:
1. Participants should be able to properly report complex gifts on gift tax returns.
2. Understand the implications of GST elections and the adequate disclosure rules.

6/11 3:40PM4:30PM

EST1917. Business Succession Planning Part 1

Gary Zwick - Partner, Walter Haverfield LLP
David Johnson - Senior of Counsel, McDonald Hopkins

These Sessions examine critical elements
of the succession plan, including:
• Preliminary planning considerations
• Ownership and management succession
• Key employee compensation
• Equalization among children
• Transferring the business and other assets
• Creative techniques
• Role of charitable giving/Insurance
• Balancing Income tax and transfer tax planning

Learning Objectives:
1) Examination of the preliminary planning considerations in developing a succession plan (that are often overlooked)
2) Examination of non family key employee considerations and associated succession planning techniques, including compensation planning
3) Examination of income and estate tax planning considerations and associated techniques to consider in succession planning

6/11 4:45PM6:00PM

ENG1915. New Qualified Opportunities Zone (TAX, EST)

Lisa Featherngill - Head of Legacy and Wealth Planning, Abbot Downing
Kelly Allen - Owner, Level Advisors
6/11 4:45PM6:00PM

EST1918. Estate Planning in the 21st Century: Digital Assets and Cryptocurrencies

Ryan Firth - Founder and President, Mercer Street Personal Financial Services

Did you know that the Internet turned 30 years old this year? As we move further into the 21st century, more and more of our lives are transitioning to the digital realm--for better or worse. This session will cover digital legacy planning topics that estate planners and financial planners should be aware of when working with clients; particularly if those clients hold cryptocurrencies.

Learning Objectives:
1. Understand best practices advisers and clients should adhere to with respect to storage and safekeeping of digital assets.
2. Identify elements of a sound digital asset access and transfer plan

6/11 4:45PM6:00PM

EST1919. Business Succession Planning Part 2

Gary Zwick - Partner, Walter Haverfield LLP
David Johnson - Senior of Counsel, McDonald Hopkins

Continuation of Business Succession Planning Part 1

These Sessions examine critical elements
of the succession plan, including:
• Preliminary planning considerations
• Ownership and management succession
• Key employee compensation
• Equalization among children
• Transferring the business and other assets
• Creative techniques
• Role of charitable giving/Insurance
• Balancing Income tax and transfer tax planning

Learning Objectives:
1) Examination of the preliminary planning considerations in developing a succession plan (that are often overlooked)
2) Examination of non family key employee considerations and associated succession planning techniques, including compensation planning
3) Examination of income and estate tax planning considerations and associated techniques to consider in succession planning

6/11 4:45PM6:00PM

EST1920. IRS

Lisa Piehl - Program Manager,Estate and Gift Tax Policy, IRS

This session will discuss compliance activities within the estate and gift area.

Learning Objectives include:

• Scope and nature of IRS examinations

• Recent developments at the IRS

• Recent changes in processing locations at the IRS

• Recent Gift Tax Surveys from the IRS

6/11 4:45PM6:00PM

EST1921. Review of Documents

Missia Vaselaney - Attorney, Taft Stettinius & Hollister, LLP

Gain practical and useful knowledge of estate planning documents.

Learning Objectives:
• Review actual paragraphs from wills and trusts
• Discuss tax and non-tax issues
• Obtain a checklist of specific items to address with clients

Wednesday, June 12 2019

6/12 8:00AM9:15AM

ENG19K02. Professional Update

Barry Melancon - CEO, Association of International Certified Professional Accountants
William Reeb - CEO, Succession Institute,LLC
6/12 9:15AM9:40AM

ENG19WA01. CPA Practice Advisor Top 25 Women in Accounting Awards

6/12 9:40AM10:30AM

ENG19K03. Leading Through Organizational Transformation — A Conversation With Simon Sinek

Simon Sinek - Author & Speaker
6/12 11:30AM12:45PM

EST1922. Different Ways to Bump Up Your Cost Basis

Jeremiah Doyle - Senior Vice President, BNY Mellon Wealth Management
Robert Keebler - Partner, Keebler and Associates, LLP
6/12 1:55PM2:45PM

EST1924. Estate Freezes with 2701

Todd Angkatavanich - National Tax Principal, Ernst & Young, LLP

This program will contain a discussion of the technical provisions of Section 2701 including historical context and various planning pitfalls. It will also include a discussion of planning applications with Section 2701 including various Preferred Partnership applications, Carried Interest Transfer Planning including a discussion of Vertical Slice and Non-Vertical approaches and Profits Interests.

Learning objectives:

1. Gain an appreciation of Section 2701 technical provisions and policy rationale behind the statute.
2. Gain an awareness for the various different scenarios in which Section 2701 can trigger an unintentional deemed gift
3. Gain an understanding of different pro-active planning opportunities with Preferred Partnerships and other Section 2701 compliant vehicles

6/12 1:55PM2:45PM

EST1925. Practical Issues for Multi-National Planning

Peggy Ugent - Retired, Giordani, Swanger, Ripp & Jetel, LLP

This session will explore estate and income tax issues for U.S. and non-U.S. persons with cross-border family relations and cross-border investments.

Learning Objectives:
1) Familiarize attendees with U.S. taxation issues related to cross border activities.
2) Familiarize attendees with associated U.S. compliance requirements.

6/12 1:55PM2:45PM

ENG1921. Planning for Aging & Ill Clients (EST, TAX, PFP)

Bernard Krooks - Founding Partner, Littman Krooks, LLP

This session will discuss issues of importance for your clients as they age, including issues relating to how to pay for illnesses, including long-term care. The speaker will address how to plan for incapacity and the various tools available to clients to protect their assets from the catastrophic costs of long-term care. The information learned at this session will be applicable to your entire client base and you will leave with an understanding of many helpful ideas and tools that your clients will appreciate. Learning Objectives:
1) To learn about issues of importance to clients as they age and become ill
2) To learn how to plan for incapacity and how to pay for long-term care.

6/12 1:55PM2:45PM

EST1923. Grantor Trust Rules and Planning

Steve Siegel - President, The Siegel Group

This session will address the grantor trust, and discuss the special rules that govern the grantor trust along with the tax and estate planning opportunities made possible using the grantor trust as a tax planning vehicle. Among the planning techniques discussed will be Living Trusts, Life Insurance Trusts, GRATs, QPRTs, Intentionally Defective Grantor Trusts and more.

Learning Objectives:
1) Gain an understanding of the grantor trust rules and how they determine how a person's income will be taxed and how their estate tax issues must be considered.
2) Address a wide variety of tax planning techniques unique to the grantor trust - learn how these techniques work and when best to use them.

6/12 3:00PM3:50PM

ENG1924. Why Trusts (EST, TAX)

Missia Vaselaney - Attorney, Taft Stettinius & Hollister, LLP

This session will focus on the non tax advantages and tax advantages of using a trust in planning ones estate.

Learning Objectives:
1. Determine what type of trust may be necessary for a clients tax and non tax objectives to be achieved.
2. Learn how trusts can help avoid delay, save costs and provide security to a client's family.

6/12 3:00PM3:50PM

EST1926. Estate Planning with IP

Paul Lee - Global Fiduciary Strategist, Northern Trust Company
6/12 3:00PM3:50PM

EST1927. Estate Planning for Real Estate

Carl Fiore - Managing Director, Andersen Tax LLC

This session will review key considerations in estate planning for real estate. Topics will include life-time planning, estate tax considerations and post-mortem planning.

Learning Objectives
1) Identify common life-time planning techniques and considerations with real estate.
2) Understand estate tax issues regarding real estate.
3) Identify post-mortem planning and income tax issues regarding real estate.

6/12 3:00PM3:50PM

EST1928. Estate Planning for S. Corps / Trusts

Laura Howell-Smith
6/12 4:50PM6:05PM

EST1929. Legislative Update

Harry Gutman - Of Counsel, Ivins,Phillips & Barker,Chartered

This session will provide an update on federal tax legislative developments and prospects for future legislation.

Learning Objectives:
1. Understand the dynamics that led to the enactment of the 2017 legislation.

2. Examine the structural and interpretive issues presented by the legislation

3. Understand the the procedural issues involved in enacting tax legislation

4. Understand the prospects for and content of possible legislation in the 116th Congress

6/12 4:50PM6:05PM

EST1930. Estate Planning Speed Round

Mary Kay Foss - Owner, Mary Kay Foss CPA
Eileen Sherr - Senior Manager - AICPA Tax Policy & Advocacy, Association of International Certified Professional Accountants

This session covers four hot topics and developments in those areas of trust, estate and gift tax. The four experts will explain the issues and guidance you need to know to further help your clients in those four areas of estate and gift taxation. The experts will cover and answer questions about the latest developments in the specific area. Attendees will have the opportunity to exchange ideas with the speakers and their conference peers.

Learning objectives:
• Understand four of the latest developments and emerging issues in the trust, estate and gift tax areas
• Learn what the IRS, Treasury and Congress have said and plan to do in the four areas
• Identify planning opportunities and strategies that are relevant to one’s practice in the four areas covered.

6/12 4:50PM6:05PM

EST1931. Hot Topics in Estate and Gift Tax Audits and Litigation

John Porter - Partner, Baker Botts LLP

This session will:
1. Provide insight into current issues being raised by the IRS in audits of 706s and 709s and in transfer tax litigation

2. Provide guidance at the planning stage and return preparation stage to best position the client to deal with those issues.

6/12 4:50PM6:05PM

ENG1930. Advanced Post Mortem Estate Planning (EST, PFP, TAX)

Jeremiah Doyle - Senior Vice President, BNY Mellon Wealth Management

Often the most important planning takes place after the client dies. This session will discuss the various income tax, estate tax, fiduciary income tax and generation skipping tax elections that are available after death to accomplish the best tax and dispositive objectives for the client. A checklist of planning opportunities, complete with authoritative citations, will be included in the material.

Learning Objectives:
1. Learn how to protect the fiduciary from liability for unpaid tax liabilities.

2. Discover the numerous tax saving elections available to the fiduciary which affect the disposition of the client's estate.

Thursday, June 13 2019

6/13 8:00AM9:15AM

ENG19K04. Stress-Testing America's Prosperity

Zanny Minton Beddoes - Editor-In-Chief, The Economist

For years, America's economy has led the rest of the developed world, but will the U.S. remain the global dynamo or is the country’s ongoing recovery built on an unsustainable pile of debt? Minton Beddoes examines the economic outlook from American and global perspectives, offering up-to-the-minute insight on policy-makers' priorities and expertise on the likely direction of issues, ranging from job creation to the deficit's effect on global interest rates to potential financial regulation.