Trusts, Estates & Probate

4.22

IRAs and Retirement Assets in Estate Planning: Recent Changes and New Tactics

Credits Available
Credit Status Total
Alaska CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
North Carolina Continuing Paralegal Education Approved 6 Total
OnDemand
5 hours 58 minutes
Sam Thomas
Melvin Cook
George Reilly
With Sam Thomas III from Sam Thomas III Esquire & Associates + 2 others
Recorded July 26, 2024
Product ID 98834

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Overview

Adapt Your Planning Approaches to the IRA Rules Changes

IRA rules are in flux, and the changes will have a significant impact on the way we treat retirement assets in estate planning. Are you prepared? This practical update will give you the latest information and new practical guidance for planning in the changing environment. From beneficiary designations through creditor claims and tax consequences, you'll come away with the knowledge you can put to use immediately. Register today!

  • Tailor your approaches to the specific types of retirement assets, taking into account their unique advantages and limitations.
  • Clarify all the contribution limits and RMD requirements essential to effective planning.
  • Identify key mistakes in beneficiary designations and learn how the new rules will affect future decision-making.
  • Explore new planning options and priorities in planning for inherited IRAs.
  • Keep your practice beyond reproach with a legal ethics guide tailored to the concerns of your practice.

Abbreviated Agenda

  1. SECURE Act, Regulatory Update and Prognosis
  2. IRA Rollover Rules (Including Charitable Rollovers)
  3. Important Dates and Contribution Limits/Rules: What's New?
  4. Other Tax Planning Considerations and Updates
  5. The Nature of the Retirement Assets
  6. Planning for the Distributions, Including Trusts
  7. Inherited IRAs in Estate Planning and Administration
  8. Spousal Rights in Retirement Plans
  9. Beneficiary Designations Updates
  10. Creditor Claims Against Retirement Assets
  11. Ethics in Estate Planning Practice

Related Topics

Product ID 98834

Credit Details

Credits Available
Credit Status Total
Alaska CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
North Carolina Continuing Paralegal Education Approved 6 Total
Select Jurisdiction
CLE
Paralegal

Agenda

All times are shown in

  1. SECURE Act, Regulatory Update and Prognosis

  2. IRA Rollover Rules (Including Charitable Rollovers)

  3. Important Dates and Contribution Limits/Rules: What's New?

  4. Other Tax Planning Considerations and Updates

  5. The Nature of the Retirement Assets

    1. IRAs: Traditional, Roth, Rollover, Inherited
    2. 401(k)s
    3. Other Defined Benefit Plans
    4. Annuities

  6. Planning for the Distributions, Including Trusts

    1. RMD Rules
    2. Planning Lifetime Distributions
    3. Planning for Distributions of Inherited IRAs
    4. Qualifying a Trust for Distributions

  7. Inherited IRAs in Estate Planning and Administration

    1. Post-Mortem Transfers
    2. Disclaimers
    3. Clark v. Rameker Implications
    4. IRA Trusts and IRA Trust Administration

  8. Spousal Rights in Retirement Plans

    1. Differences Between Common Law and Community Property States
    2. Spousal Rights in ERISA Plans

  9. Beneficiary Designations Updates

    1. Tax and Life Expectancy Considerations
    2. Common Beneficiary Mistakes that Derail Brilliant Plans
    3. Retirement Benefits Left to Disabled Beneficiaries

  10. Creditor Claims Against Retirement Assets

  11. Ethics in Estate Planning Practice

    1. Who is Your Client?
    2. Attorney Fees
    3. Protecting Confidentiality
    4. Avoiding Fraudulent Transfers
    5. UPL Issues
    6. Multi-Jurisdictional Practice of Law
    7. Fiduciary Duty to the Client in the Context of Estate Planning

Who Should Attend

This timely legal course is designed for attorneys. It will also benefit accountants, CPAs, trust officers, tax professionals and paralegals looking to increase their knowledge of IRA planning techniques.

Speakers

Sam Thomas III
Sam
Thomas, III
Sam Thomas III Esquire & Associates
Melvin A Cook
Melvin A.
Cook
Law Office of Melvin A. Cook
George F Reilly
George F.
Reilly
Dunlap Bennett & Ludwig PLLC
Speaker bio
Sam Thomas III

Sam Thomas, III

Sam Thomas III Esquire & Associates
Sam Thomas

is an attorney with Sam Thomas III Esquire & Associates. He has practiced for 26 years in the areas of probate, foreclosure prevention, tax resolution, bankruptcy, and debt relief. Currently, his practice focuses on estate planning. Mr. Thomas earned his B.A. degree from Cleveland State University, his M.S. degree from Indiana University, and his J.D. degree from Cleveland Marshall College of Law.

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Speaker bio
Melvin A Cook

Melvin A. Cook

Law Office of Melvin A. Cook
Melvin Cook

is a sole practitioner in Sandy, Utah, where his practice areas include civil litigation, family law, personal injury, estate planning, Social Security disability and workers' compensation. He is a member of the Utah State Bar and Salt Lake County Bar. Mr. Cook earned his B.A. and M.B.A. degrees from the University of Utah and his J.D. degree from Brigham Young University.

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Speaker bio
George F Reilly

George F. Reilly

Dunlap Bennett & Ludwig PLLC
George Reilly

is an attorney and partner at Dunlap Bennett & Ludwig PLLC. He has been an attorney for over 37 years, with the first half of his career serving the legal needs of Sailors, Marines, and their families as an officer in the Navy Judge Advocate General's Corps. During his Navy career, Mr. Reilly served as the Navy's tax counsel during three separate assignments. In that position, he represented the interests of Navy leadership as well as Sailors, Marines, and their families with respect to tax legislation, regulations, and policy. He also did extensive writing and teaching on such topics as income and estate taxation, estate planning, legal readiness, and financial planning. Mr. Reilly brings financial, tax, and legal planning experience into the comprehensive peace of mind plan (addresses the life and estate planning needs of his clients) that is offered at Dunlap Bennett & Ludwig PLLC. He received his B.S. degree from Manhattan College; his J.D. degree from Saint John's University School of Law; and his LL.M. degree in taxation from George Washington University School of Law. Mr. Reilly is admitted to practice law in Virginia, Maryland, and the District of Columbia; as well as before the U.S. Supreme Court and U.S. Tax Court. He is a certified financial planner (TM) professional; and member of Northern Virginia Estate Planning Council.

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What happens if my course is cancelled?
In the unlikely event that NBI cancels or reschedules an upcoming program, each registered attendee will be contacted via email by a representative of NBI. Outreach to attendees begins as soon as NBI is made aware that a program will not move forward at its originally scheduled date and time.
Are multiple attendee discounts available?
Yes, the more people you bring from your organization, the more you save. After the first registration, each additional attendee receives a special discount off of their total tuition.
When will the OnDemand be available and how long will I have access to the content?
The OnDemand Video will be available to stream within 14 days of live broadcast date. You will have access to the content for 6 months in your account. If you’re a subscriber, you’ll have access to your course recordings until 7 days after the expiration date of the subscription.
What is included with my course purchase?
When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time. With each course, you will receive access to the content via OnDemand Streaming and the Video Download. Course reference materials are included with each course purchase in a downloadable PDF format.
Will I receive a certificate of completion?
Yes, we'll email you a certificate of completion and store in your account for any future reporting needs.
Can multiple people watch courses and request credit?
While only paid registrants can receive continuing education credit for attending, there are no limitations to the number of viewers at each connection.

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