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Overview
Get Critical Tools for Shaping Your Clients' Legacies
This timely practice update offers a practical analysis of the recent and proposed legal and tax changes affecting trusts and estates and provides a review of the new tools to adapt to the changing regulatory environment. Provide your clients with the most up-to-date representation: register today!
- Get an incisive summary and analysis of the tax changes and their implications for existing planning tools.
- Learn which deductions remain and how to obtain them.
- Identify planning approaches that no longer help your clients.
- Gain practical pointers for fixing old trusts.
- Glean the future of the practice with a practical analysis of the ongoing and upcoming regulatory efforts.
Abbreviated Agenda
- Old Small- to Medium-Sized Estate Tools and How to Update Them
- What's New in Planning for Large Estates and Complex Assets
- State and Federal Tax Updates
- Planning for IRAs in Light of the SECURE Act and SECURE 2.0
- Elder Law and Medicaid Planning Updates
- Reviewing Estate Planning Documents and Old Trusts
- Legal Ethics in Estate Planning
Credit Details
Credits Available
There is no credit available on this course.
Select Jurisdiction
Agenda
-
Old Small- to Medium-Sized Estate Tools and How to Update Them
- Simple Wills
- Life Insurance
- Old QPRTs: What to Do with the Family Home
- Reassessing FLPs and LLCs
- Joint Tenancies, Income Tax Basis, and Estate Tax Treatment
- Second Marriage Planning
- Gifting Strategies
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What's New in Planning for Large Estates and Complex Assets
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State and Federal Tax Updates
- State and Federal Tax Rates and Exemptions
- The Step-Up in Basis at Death
- Trust Tax Deductions Changes
- Business Tax Changes Affecting Estate Planning
- IRS Enforcement Priorities
- SALT Updates
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Planning for IRAs in Light of the SECURE Act and SECURE 2.0
- The End of the IRA Stretch
- Beneficiary Designations
- Required Minimum Distributions
- Tax Effects on Grantors and Beneficiaries
- IRA Trusts
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Elder Law and Medicaid Planning Updates
- Financial Powers of Attorney
- Advance Medical Directives
- Adult Guardianships
- Planning for Nursing Home Care and Aging in Place
- Medicaid Planning
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Reviewing Estate Planning Documents and Old Trusts
- Stock Language to Look out for
- AI-Assisted Drafting: Legal Risks and Opportunities
- Document Execution, Funding Mistakes
- Avenues for Making the Changes
- Top Estate Planning Mistakes: How They Play out in Probate
-
Legal Ethics in Estate Planning
- Who is Your Client?
- Joint Representation and Conflicts of Interest
- Attorney Fees and Client Trust Accounts
- Attorney Technology Competence
- Guarding Confidentiality
Who Should Attend
This intermediate level online seminar is designed for:
- Attorneys
- Accountants and CPAs
- Tax Professionals
- Trust Officers
- Estate Planners
- Paralegals
Speakers
Speaker bio
Amanda C. Cummins
is a solo practitioner at AC Cummins Law, where she focuses on a broad range of legal issues including divorce, adoption, name changes, landlord-tenant, contract review, estate planning, consumer issues, and veteran issues. She prosecuted cases while serving in the United States Marine Corps involving separation proceedings, boards of inquiry, military offenses, drug offenses, assaults, DUI, obstructing justice, false official statements, sexual offenses, and computer crimes involving children. Ms. Cummins earned her B.A. degree from Florida State University and her J.D. degree from Florida A&M University College of Law. She is a member of The Florida Bar (Elder Law Section; Real Property, Probate and Trust Law Section; and Animal Law Section), National Academy of Elder Law Attorneys, and secretary of St. Pete/Pinella Business & Professional Women. Ms. Cummins is admitted to practice law in Florida; U.S. District Court, Middle District of Florida; and U.S. Court of Appeals, Eleventh Circuit.
Speaker bio
Jeanette Mora
is an attorney at Family First Firm - Medicaid & Elder Law Attorneys, specializing in probate and guardianship law. She is passionate about giving back to her community and regularly volunteers her time as a guardian ad litem advocate, Legal Aid Society of the Orange County Bar Association and Community Legal Services of Mid-Florida. Ms. Mora earned her J.D. degree from Barry University Dwayne O. Andreas School of Law. She is a member of several professional associations and committees, including the Real Property, Probate and Trust Law Section of The Florida Bar, for which she was selected as a fellow 2022-2024; Hispanic American Professional Businesswomen Association; Central Florida Association of Women Lawyers; Hispanic Bar Association of Central Florida; and Junior League of Greater Orlando, where she serves as co-vice chair of the Local Advocacy Committee. Ms. Mora also serves as chair of the Orange County Bar Association Elder Law Committee and co-chair of the Estate, Guardianship and Trust Committee. She is admitted to practice law in Florida.
Speaker bio
Aubrey H. Ducker, Jr.
is a member in the Orlando office of CPLS, P.A. in the firm's family and elder law practice groups. His family law practice includes traditional family law representation in the areas of divorce and all issues incidental there to, such as parenting issues, alimony, child support, property distribution and related issues. Mr. Ducker's practice also introduces new strategies, including collaborative divorce, mediation, and private trials, to assure his client's concerns are protected and secured. He has served as a guardian ad litem in more than 130 cases in both terminations of parental rights cases and as a private guardian ad litem in divorce proceedings. Mr. Ducker earned his associate's degree (treasurer, Phi Theta Kappa Honor Society, Valencia East Campus) from Valencia Community College; his B.A. degree (president of Society Professional Journalists, UCF) from the University of Central Florida; and his J.D. degree (president, Law College Council, 1998-1999) from the University of Florida's Frederic G. Levin College of Law program. His efforts on behalf of Florida's families, children and mature population extends beyond his office and the courthouse, and includes having served as a chair of the Elder Law Committee of the Orange County Bar Association. Mr. Ducker has been recognized by his peers, as he has received the Pro-Bono Champion Award of Excellence.
Speaker bio
Scott J. Bakal
is an attorney and shareholder at Greenberg Traurig, LLP's Miami location, where he develops tax-planning strategies for closely held family businesses, partnerships, and publicly held corporations with significant domestic and international operations. He works closely with high- and ultra-high-net-worth individuals and entrepreneurial companies to develop elegant, tax-sensitive approaches to their complex business transactions, financial situations, estate planning matters, and real estate investments, as well as to pursue tax efficiency throughout their operations. Mr. Bakal's practice includes advising closely held businesses on the tax consequences of critical transactions, including structuring joint ventures and asset and stock purchase agreements. In addition, he advises executives in tax-sensitive compensation matters and the owners of controlling stakes in publicly held corporations. Mr. Bakal earned his B.S. degree, magna cum laude, from Yale University; and his J.D. degree, magna cum laude, from Harvard Law School. He is admitted to practice law in Florida, Illinois, and the U.S. Tax Court.
Speaker bio
Thomas S. Tufts
is an attorney with CPLS, P.A., in Orlando, Florida. Mr. Tufts is focused on legal tax representation in six primary practice areas, including abusive tax shelters (detection and analysis); business divorces and estate disputes; partners in peril (agreement assessment and review, plus partnership disputes); tax consultation and advice; tax litigation; tax whistleblower; representation before the IRS; and worker classification. He is a board-certified tax lawyer of The Florida Bar. Mr. Tufts is licensed in the United States Court of Federal Claims. He is admitted to practice in North Carolina and Florida, before the Internal Revenue Service and in the U.S. Tax Court. Mr. Tufts earned his B.S. degree in accounting from Florida State University, his J.D. degree from Wake Forest University School of Law and his LL.M. degree in taxation from the University of Miami.
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