Trust & Estate Specialist CLE and Reception
For members of the Indiana Trust & Estate Specialty Board
and American College of Trust & Estate Counsel, Indiana Chapter
January 24, 2020
CLE: 1:00 - 4:00 pm
Reception: 4:30 - 6:00 pm
2.5 Hrs. CLE
Join the Indiana Trust & Estate Specialty Board and the American College of Trust & Estate Counsel for a 2.5 hr. CLE, followed by a complimentary reception for all seminar participants and guests. Enjoy a special room rate at the Conrad Indianapolis Friday evening and stick around for the Probate Review Committee and ISBA Probate Section meetings, which will be held on Saturday morning Jan. 25 (details will follow)!
1 - 4 p.m. Retirement Accounts: Planning Optimal Outcomes for Family and Charitable Objectives (2.5 hrs. CLE)
Professor Christopher Hoyt
Professor of Law, University of Missouri (Kansas City) School of Law
Professor Hoyt will address strategies, traps and solutions for challenging situations that estate planners frequently face. The first portion of the program will address the different rules that apply to IRAs compared to 401(k) plans, and solutions to the most common obstacles that arise in second marriages where a client may have assets in both types of retirement plans. For example, what legal requirements must be met for some or all of the IRA or 401(k) assets to be payable to children from a prior marriage?
The second portion of the program is “How To Get Income Tax Savings from Charitable Bequests.” Charitable bequests are usually viewed as providing estate tax savings but no income tax savings. Professor Hoyt will demonstrate how every charitable bequest, if properly structured, can reduce the income tax liability of a trust, an estate, and their beneficiaries.
Finally, Professor Hoyt will describe the provisions in the SECURE Act. The bill passed the House by a vote of 417 to 3 and is likely to be enacted in the near future. The Act would generally require inherited retirement accounts to be liquidated within just ten years. What planning strategies can reduce the income taxes?
4:30 - 6 p.m. Complimentary Reception for all seminar participants and guests
Ruth's Chris Steakhouse
A special room rate will be available at the Conrad Indianapolis for the evening of Jan. 24. Click here to reserve your room by Jan. 3!
$50 (includes CLE and reception for attendee and guest). Please register no later than Jan. 17.