Seminar  Program

49th Annual Estate Planning Institute


Select a Location:

Why You Should Attend

The Reconciliation Act of 2017 (the “2017 Act”), which was enacted on December 22, 2017, included significant changes to the federal transfer tax regime and related income tax provisions.  This program will review such transfer tax and related income tax developments, and will discuss how they impact estate, trust and income tax planning, and the administration of decedents’ estates.  Moreover, the program will review other recent developments regarding estate, trust and transfer tax and income tax planning. 

What You Will Learn

  • A review of the transfer tax and related income tax provisions of the Act
  • A review of the interaction between the new federal transfer tax regime and state transfer tax regimes
  • Drafting estate planning documents to comply with and take advantage of the new federal transfer tax regime
  • A review of the significant estate planning techniques that were not affected by, and that are still viable after, the Act
  • A review of the transfer tax and related income tax aspects of the Internal Revenue Service’s most recent Priority Guidance Plan
  • An update on recent developments in all areas of estate, trust and transfer tax planning
  • Income tax planning for estates and trusts
  • Ethical considerations for attorneys acting as fiduciaries or beneficiaries

…and much more!

Who Should Attend

Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

 

Program Level: Overview

Intended Audience: Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

Prerequisites: A background in estate, trust and transfer tax and income tax planning.

Advanced Preparation: None


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks and Introduction

9:15 Recent Developments in Transfer Taxation and Estate Planning
  • Summary of the transfer tax and related income tax provisions of the 2017 Reconciliation Act (Pub. L. No. 115-97)
  • Estate, trust and income tax planning after the 2017 Reconciliation Act
  • Portability or credit shelter trust planning
  • Impact of the 2017 Reconciliation Act on the administration of decedents’ estates
  • Transfer tax aspects of the IRS 2017-2018 Priority Guidance Plan
  • State inheritance and estate tax considerations
  • Other recent developments in estate, trust, transfer tax and income tax planning

Sanford J. Schlesinger



10:15 Elder Law and Special Needs Update
  • 2017 Tax Act changes
  • ABLE accounts
  • Medical expense deductions
  • Qualified disability trusts
  • Long-term care insurance
  • Nursing home, assisted living and CCRC admission issues
  • Paying for long-term care
  • Elder abuse
  • Powers of attorney
  • Guardianship
  • Special needs trusts and pooled trusts
  • Medicaid irrevocable trusts

 Bernard A. Krooks



11:15 Break

11:30 Sophisticated (and less Sophisticated!) Estate Planning Techniques
  • Factoring in the – temporary – $11.18 million exclusion
  • Income tax vs. transfer tax savings: considerations
  • Grantor Retained Annuity Trusts and Sales to Defective Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • Family Limited Partnerships, Limited Liability Companies and Defined Value Clauses
  • Less sophisticated, but still important: intra-family loans, simple (but powerful) uses of annual exclusion and other tax-free gifts

Blanche Lark Christerson



12:30 Lunch

1:45 Valuation Issues and Opportunities after Estate Tax Reform: High, Middle, or In-Between?

With “tax reform,” the importance of the management and creation of tax basis has never been greater, but that must be measured against the potential federal and state estate taxes, which is all about valuation.  This presentation will discuss:

  • Measuring the estate tax liability against the income tax savings against different types of assets;
  • When a higher valuation is better than a lower valuation and how to eliminate or turn-off discounts;
  • Tax basis management techniques that maximize, even multiply, the “step-up” in basis; and
  • Techniques that strip, shift, create, and concentrate basis where it can be of most benefit to taxpayers.

Paul S. Lee



2:45 Estate Planning with Artwork
  • Gifting to individuals
  • Gifting to charities
  • Fractional interests
  • Gift/pledge agreements

Andrew S. Katzenberg  



3:45 Break

4:00 Estate Planning: Attorneys as Beneficiaries and/or Fiduciaries
  • Ethical considerations – Role of the Rules of Professional Conduct
    • Rule 1.1 – competence and issues of judgment,
    • Rule 1.2 – scope of engagement,
    • Rule 1.5 – reasonableness of legal fees,
    • Rul1 1.6 – confidentiality.
  • Conflicts that exist in the trust and estates areas
    • Rule 1.7 - between the lawyer and client – Rule 1.7,
    • Rule 1.7 - between current clients,
    • Rule 1.9 - between a current and former client.
  • Attorneys as fiduciaries
    • Appropriate circumstances
    • Retention of counsel where attorney is fiduciary
    • Best practices for avoiding exposure
  • Attorneys as beneficiaries
    • Rule 1.8(c) – gifts and bequests;  and
    • Potential pitfalls and best practices for avoiding exposure
  • Fiduciary misconduct
    • Aiding and abetting claims against counsel for the fiduciary
    • Confidentiality and disclosure of misconduct
    • Best practices for avoiding exposure
  • Clients with diminished capacity
    • Determining if the client is capable of making a reasoned decision
    • Taking protective measures
    • Confidentiality
    • Obligations on withdrawal

Marian C. Rice 



5:00 Adjourn

Day Two: 9:00 a.m. - 4:45 p.m.

9:00 The Near Death and Possible Resurrection of the Estate Tax and Other Transfer Tax Issues
  •  Sunset in 2025, clawback and the mandate for regulatory relief
  • Sunrise, future law, permanent ratification of 2017 relief, permanent repeal or a return to lower exemptions and/or higher rates?
  • The price of Federalism, state taxes and the cost of taking advantage of 2017 relief
  • Income tax, choose your poison, basis and the gift tax
  • Generations to come, is now the time for a dynasty trust?
  • Timing and techniques, a new planning paradigm or an adjustment in scale? 

Laura A. Kelly



10:00 Estate Planning for Digital Assets
  • What are digital assets? Do they have value?
  • Understand the obstacles for accessing digital assets
  • Discussion of the uniform law dealing with digital assets
  • Planning techniques to avoid pitfalls and ensure smooth administration of digital assets
  • Preserving the integrity of the client’s digital assets to prevent identity and content theft
  • What to do when a client has not planned ahead

Jill Choate Beier  



11:00 Break

11:15 Cool Charitable Deduction Strategies in the New Tax Climate
  •  Outright charitable gifts—not just cash on the barrelhead
  • Planning for clients who take the standard deduction
  • Increased importance of IRA transfers to charities
  • Income tax savings NOW for clients’ death time gifts
  • Trust selection, the tax rules and drafting techniques
  • Early trust termination and division of assets between the parties
  • Avoiding pitfalls and patching up the other fellow’s shortfalls

Conrad Teitell  



12:15 Lunch

1:30 U.S. Tax Income and Transfer Tax Planning for Individuals Arriving/Leaving the U.S.
  • Review of rules that establish U.S. tax status for individuals, including citizenship, green card, residency and domicile
  • Pre-immigration income tax planning
  • Pre-immigration estate tax planning
  • Pre-expatriation planning for long-term green card holders and U.S. citizens wishing to leave the country

Andrew S. Auchincloss



2:30 Matrimonial Law and Estate Planning – Prenuptials, Postnuptials and Separation Agreements under the 2017 Tax Act
  • Tax Treatment of Alimony Payments
  • Pre-TCJA Prenuptial and Postnuptial Agreements
  • Potential Impacts on Existing Separation Agreements
  • Business Valuations under the TCJA

Nicholas Ferris Cohen



3:30 Break

3:45 Income Taxation of Trusts, Estates and Beneficiaries
  • Overview of Subchapter J
  • Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • State Income Taxation

Alan S. Halperin



4:45 Adjourn

Chairperson(s)
Sanford J. Schlesinger ~ Schlesinger Lazetera & Auchincloss LLP
Speaker(s)
Andrew S. Auchincloss ~ Schlesinger Lazetera & Auchincloss LLP
Jill Choate Beier ~ Beier & Associates, PLLC
Blanche Lark Christerson ~ Managing Director, Deutsche Bank Trust Company, N.A., Deutsche Bank Wealth Management
Nicholas Ferris Cohen ~ Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP
Alan S. Halperin ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Andrew S. Katzenberg ~ Kleinberg, Kaplan, Wolff & Cohen, P.C.
Laura A. Kelly ~ McCarter & English, LLP
Bernard A. Krooks ~ Littman Krooks LLP
Paul S. Lee ~ Global Fiduciary Strategist, Senior Vice President, Managing Director, Wealth Management and Global Family & Investment Offices Group, Northern Trust
Marian C. Rice ~ L'Abbate, Balkan, Colavita & Contini, L.L.P.
Conrad Teitell ~ Cummings & Lockwood LLC
Program Attorney(s)
Meghan Carney Cavagnaro ~ Senior Program Attorney, Practising Law Institute
Ice Miller LLP, One American Square, Suite 2900, Indianapolis, IN 46282

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

Why You Should Attend

The Reconciliation Act of 2017 (the “2017 Act”), which was enacted on December 22, 2017, included significant changes to the federal transfer tax regime and related income tax provisions.  This program will review such transfer tax and related income tax developments, and will discuss how they impact estate, trust and income tax planning, and the administration of decedents’ estates.  Moreover, the program will review other recent developments regarding estate, trust and transfer tax and income tax planning. 

What You Will Learn

  • A review of the transfer tax and related income tax provisions of the Act
  • A review of the interaction between the new federal transfer tax regime and state transfer tax regimes
  • Drafting estate planning documents to comply with and take advantage of the new federal transfer tax regime
  • A review of the significant estate planning techniques that were not affected by, and that are still viable after, the Act
  • A review of the transfer tax and related income tax aspects of the Internal Revenue Service’s most recent Priority Guidance Plan
  • An update on recent developments in all areas of estate, trust and transfer tax planning
  • Income tax planning for estates and trusts
  • Ethical considerations for attorneys acting as fiduciaries or beneficiaries

…and much more!

Who Should Attend

Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

 

Program Level: Overview

Intended Audience: Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

Prerequisites: A background in estate, trust and transfer tax and income tax planning.

Advanced Preparation: None


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks and Introduction

9:15 Recent Developments in Transfer Taxation and Estate Planning
  • Summary of the transfer tax and related income tax provisions of the 2017 Reconciliation Act (Pub. L. No. 115-97)
  • Estate, trust and income tax planning after the 2017 Reconciliation Act
  • Portability or credit shelter trust planning
  • Impact of the 2017 Reconciliation Act on the administration of decedents’ estates
  • Transfer tax aspects of the IRS 2017-2018 Priority Guidance Plan
  • State inheritance and estate tax considerations
  • Other recent developments in estate, trust, transfer tax and income tax planning

Sanford J. Schlesinger



10:15 Elder Law and Special Needs Update
  • 2017 Tax Act changes
  • ABLE accounts
  • Medical expense deductions
  • Qualified disability trusts
  • Long-term care insurance
  • Nursing home, assisted living and CCRC admission issues
  • Paying for long-term care
  • Elder abuse
  • Powers of attorney
  • Guardianship
  • Special needs trusts and pooled trusts
  • Medicaid irrevocable trusts

 Bernard A. Krooks



11:15 Break

11:30 Sophisticated (and less Sophisticated!) Estate Planning Techniques
  • Factoring in the – temporary – $11.18 million exclusion
  • Income tax vs. transfer tax savings: considerations
  • Grantor Retained Annuity Trusts and Sales to Defective Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • Family Limited Partnerships, Limited Liability Companies and Defined Value Clauses
  • Less sophisticated, but still important: intra-family loans, simple (but powerful) uses of annual exclusion and other tax-free gifts

Blanche Lark Christerson



12:30 Lunch

1:45 Valuation Issues and Opportunities after Estate Tax Reform: High, Middle, or In-Between?

With “tax reform,” the importance of the management and creation of tax basis has never been greater, but that must be measured against the potential federal and state estate taxes, which is all about valuation.  This presentation will discuss:

  • Measuring the estate tax liability against the income tax savings against different types of assets;
  • When a higher valuation is better than a lower valuation and how to eliminate or turn-off discounts;
  • Tax basis management techniques that maximize, even multiply, the “step-up” in basis; and
  • Techniques that strip, shift, create, and concentrate basis where it can be of most benefit to taxpayers.

Paul S. Lee



2:45 Estate Planning with Artwork
  • Gifting to individuals
  • Gifting to charities
  • Fractional interests
  • Gift/pledge agreements

Andrew S. Katzenberg  



3:45 Break

4:00 Estate Planning: Attorneys as Beneficiaries and/or Fiduciaries
  • Ethical considerations – Role of the Rules of Professional Conduct
    • Rule 1.1 – competence and issues of judgment,
    • Rule 1.2 – scope of engagement,
    • Rule 1.5 – reasonableness of legal fees,
    • Rul1 1.6 – confidentiality.
  • Conflicts that exist in the trust and estates areas
    • Rule 1.7 - between the lawyer and client – Rule 1.7,
    • Rule 1.7 - between current clients,
    • Rule 1.9 - between a current and former client.
  • Attorneys as fiduciaries
    • Appropriate circumstances
    • Retention of counsel where attorney is fiduciary
    • Best practices for avoiding exposure
  • Attorneys as beneficiaries
    • Rule 1.8(c) – gifts and bequests;  and
    • Potential pitfalls and best practices for avoiding exposure
  • Fiduciary misconduct
    • Aiding and abetting claims against counsel for the fiduciary
    • Confidentiality and disclosure of misconduct
    • Best practices for avoiding exposure
  • Clients with diminished capacity
    • Determining if the client is capable of making a reasoned decision
    • Taking protective measures
    • Confidentiality
    • Obligations on withdrawal

Marian C. Rice 



5:00 Adjourn

Day Two: 9:00 a.m. - 4:45 p.m.

9:00 The Near Death and Possible Resurrection of the Estate Tax and Other Transfer Tax Issues
  •  Sunset in 2025, clawback and the mandate for regulatory relief
  • Sunrise, future law, permanent ratification of 2017 relief, permanent repeal or a return to lower exemptions and/or higher rates?
  • The price of Federalism, state taxes and the cost of taking advantage of 2017 relief
  • Income tax, choose your poison, basis and the gift tax
  • Generations to come, is now the time for a dynasty trust?
  • Timing and techniques, a new planning paradigm or an adjustment in scale? 

Laura A. Kelly



10:00 Estate Planning for Digital Assets
  • What are digital assets? Do they have value?
  • Understand the obstacles for accessing digital assets
  • Discussion of the uniform law dealing with digital assets
  • Planning techniques to avoid pitfalls and ensure smooth administration of digital assets
  • Preserving the integrity of the client’s digital assets to prevent identity and content theft
  • What to do when a client has not planned ahead

Jill Choate Beier  



11:00 Break

11:15 Cool Charitable Deduction Strategies in the New Tax Climate
  •  Outright charitable gifts—not just cash on the barrelhead
  • Planning for clients who take the standard deduction
  • Increased importance of IRA transfers to charities
  • Income tax savings NOW for clients’ death time gifts
  • Trust selection, the tax rules and drafting techniques
  • Early trust termination and division of assets between the parties
  • Avoiding pitfalls and patching up the other fellow’s shortfalls

Conrad Teitell  



12:15 Lunch

1:30 U.S. Tax Income and Transfer Tax Planning for Individuals Arriving/Leaving the U.S.
  • Review of rules that establish U.S. tax status for individuals, including citizenship, green card, residency and domicile
  • Pre-immigration income tax planning
  • Pre-immigration estate tax planning
  • Pre-expatriation planning for long-term green card holders and U.S. citizens wishing to leave the country

Andrew S. Auchincloss



2:30 Matrimonial Law and Estate Planning – Prenuptials, Postnuptials and Separation Agreements under the 2017 Tax Act
  • Tax Treatment of Alimony Payments
  • Pre-TCJA Prenuptial and Postnuptial Agreements
  • Potential Impacts on Existing Separation Agreements
  • Business Valuations under the TCJA

Nicholas Ferris Cohen



3:30 Break

3:45 Income Taxation of Trusts, Estates and Beneficiaries
  • Overview of Subchapter J
  • Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • State Income Taxation

Alan S. Halperin



4:45 Adjourn

Chairperson(s)
Sanford J. Schlesinger ~ Schlesinger Lazetera & Auchincloss LLP
Speaker(s)
Andrew S. Auchincloss ~ Schlesinger Lazetera & Auchincloss LLP
Jill Choate Beier ~ Beier & Associates, PLLC
Blanche Lark Christerson ~ Managing Director, Deutsche Bank Trust Company, N.A., Deutsche Bank Wealth Management
Nicholas Ferris Cohen ~ Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP
Alan S. Halperin ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Andrew S. Katzenberg ~ Kleinberg, Kaplan, Wolff & Cohen, P.C.
Laura A. Kelly ~ McCarter & English, LLP
Bernard A. Krooks ~ Littman Krooks LLP
Paul S. Lee ~ Global Fiduciary Strategist, Senior Vice President, Managing Director, Wealth Management and Global Family & Investment Offices Group, Northern Trust
Marian C. Rice ~ L'Abbate, Balkan, Colavita & Contini, L.L.P.
Conrad Teitell ~ Cummings & Lockwood LLC
Program Attorney(s)
Meghan Carney Cavagnaro ~ Senior Program Attorney, Practising Law Institute

New York City Seminar Location

PLI New York Center
, 1177 Avenue of the Americas, (2nd floor), entrance on 45th Street, New York, New York 10036. (800) 260-4754.

New York City Hotel Accommodations

Crowne Plaza Times Square Manhattan, 1605 Broadway (48th Street), New York, NY 10019 (212) 977-4000. When calling, mention Practising Law Institute. You can also make reservations online to access PLI's rates.

The Muse, 130 West 46th Street, New York, NY 10036. Please call reservations at 1-800-546-7866. When calling, please mention Practising Law Institute and Corporate Rate ID 786839408. In addition, you can book online at PLI Muse Hotel

Millennium Broadway Hotel, 145 West 44th Street, New York, NY 10036. Please call reservations at 1-800-622-5569. When calling, please mention Practising Law Institute. In addition, you can book online at PLI Millennium Hotel .

 Hyatt Times Square, 135 W. 45th Street, New York, NY 10036. For reservations, please call (646) 364-1234. When calling mention rate code CR56218 or Practising Law Institute.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live seminars qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

California:  PLI’s live seminars qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Illinois: All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Iowa:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Kansas:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Louisiana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Maine:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Minnesota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Mississippi:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Missouri:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Montana:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nebraska:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Nevada:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New Mexico:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live seminars can be used to fulfill the requirements for newly admitted attorneys. All credit categories may be earned via transitional live seminars.

North Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars

North Dakota:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Ohio:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oklahoma:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania: PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

South Carolina:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Tennessee:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Vermont:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live seminars qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

West Virginia:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wisconsin:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

Wyoming:  PLI’s live seminars qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live seminars.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live seminars qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live seminars qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC): PLI’s live seminars can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live seminars qualify as “live” credit. There is no limit to the number of points an attorney can earn via live seminars.

United Kingdom (CPD-UK):  PLI’s live seminars can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live seminars qualify as “live” credit in all Australian jurisdictions. There is no limit to the number of credits an attorney can earn via live seminars.

Dubai (CLPD-DUBAI):  PLI’s live seminars may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA): PLI’s live seminars qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE): PLI’s live seminars may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live seminars may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live seminars may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live seminars may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live seminars qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live seminars qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live seminars may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live seminars may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live seminars may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live seminars may fulfill CFP credit requirements.

 

Why You Should Attend

The Reconciliation Act of 2017 (the “2017 Act”), which was enacted on December 22, 2017, included significant changes to the federal transfer tax regime and related income tax provisions.  This program will review such transfer tax and related income tax developments, and will discuss how they impact estate, trust and income tax planning, and the administration of decedents’ estates.  Moreover, the program will review other recent developments regarding estate, trust and transfer tax and income tax planning. 

What You Will Learn

  • A review of the transfer tax and related income tax provisions of the Act
  • A review of the interaction between the new federal transfer tax regime and state transfer tax regimes
  • Drafting estate planning documents to comply with and take advantage of the new federal transfer tax regime
  • A review of the significant estate planning techniques that were not affected by, and that are still viable after, the Act
  • A review of the transfer tax and related income tax aspects of the Internal Revenue Service’s most recent Priority Guidance Plan
  • An update on recent developments in all areas of estate, trust and transfer tax planning
  • Income tax planning for estates and trusts
  • Ethical considerations for attorneys acting as fiduciaries or beneficiaries

…and much more!

Who Should Attend

Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

 

Program Level: Overview

Intended Audience: Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

Prerequisites: A background in estate, trust and transfer tax and income tax planning.

Advanced Preparation: None


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks and Introduction

9:15 Recent Developments in Transfer Taxation and Estate Planning
  • Summary of the transfer tax and related income tax provisions of the 2017 Reconciliation Act (Pub. L. No. 115-97)
  • Estate, trust and income tax planning after the 2017 Reconciliation Act
  • Portability or credit shelter trust planning
  • Impact of the 2017 Reconciliation Act on the administration of decedents’ estates
  • Transfer tax aspects of the IRS 2017-2018 Priority Guidance Plan
  • State inheritance and estate tax considerations
  • Other recent developments in estate, trust, transfer tax and income tax planning

Sanford J. Schlesinger



10:15 Elder Law and Special Needs Update
  • 2017 Tax Act changes
  • ABLE accounts
  • Medical expense deductions
  • Qualified disability trusts
  • Long-term care insurance
  • Nursing home, assisted living and CCRC admission issues
  • Paying for long-term care
  • Elder abuse
  • Powers of attorney
  • Guardianship
  • Special needs trusts and pooled trusts
  • Medicaid irrevocable trusts

 Bernard A. Krooks



11:15 Break

11:30 Sophisticated (and less Sophisticated!) Estate Planning Techniques
  • Factoring in the – temporary – $11.18 million exclusion
  • Income tax vs. transfer tax savings: considerations
  • Grantor Retained Annuity Trusts and Sales to Defective Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • Family Limited Partnerships, Limited Liability Companies and Defined Value Clauses
  • Less sophisticated, but still important: intra-family loans, simple (but powerful) uses of annual exclusion and other tax-free gifts

Blanche Lark Christerson



12:30 Lunch

1:45 Valuation Issues and Opportunities after Estate Tax Reform: High, Middle, or In-Between?

With “tax reform,” the importance of the management and creation of tax basis has never been greater, but that must be measured against the potential federal and state estate taxes, which is all about valuation.  This presentation will discuss:

  • Measuring the estate tax liability against the income tax savings against different types of assets;
  • When a higher valuation is better than a lower valuation and how to eliminate or turn-off discounts;
  • Tax basis management techniques that maximize, even multiply, the “step-up” in basis; and
  • Techniques that strip, shift, create, and concentrate basis where it can be of most benefit to taxpayers.

Paul S. Lee



2:45 Estate Planning with Artwork
  • Gifting to individuals
  • Gifting to charities
  • Fractional interests
  • Gift/pledge agreements

Andrew S. Katzenberg  



3:45 Break

4:00 Estate Planning: Attorneys as Beneficiaries and/or Fiduciaries
  • Ethical considerations – Role of the Rules of Professional Conduct
    • Rule 1.1 – competence and issues of judgment,
    • Rule 1.2 – scope of engagement,
    • Rule 1.5 – reasonableness of legal fees,
    • Rul1 1.6 – confidentiality.
  • Conflicts that exist in the trust and estates areas
    • Rule 1.7 - between the lawyer and client – Rule 1.7,
    • Rule 1.7 - between current clients,
    • Rule 1.9 - between a current and former client.
  • Attorneys as fiduciaries
    • Appropriate circumstances
    • Retention of counsel where attorney is fiduciary
    • Best practices for avoiding exposure
  • Attorneys as beneficiaries
    • Rule 1.8(c) – gifts and bequests;  and
    • Potential pitfalls and best practices for avoiding exposure
  • Fiduciary misconduct
    • Aiding and abetting claims against counsel for the fiduciary
    • Confidentiality and disclosure of misconduct
    • Best practices for avoiding exposure
  • Clients with diminished capacity
    • Determining if the client is capable of making a reasoned decision
    • Taking protective measures
    • Confidentiality
    • Obligations on withdrawal

Marian C. Rice 



5:00 Adjourn

Day Two: 9:00 a.m. - 4:45 p.m.

9:00 The Near Death and Possible Resurrection of the Estate Tax and Other Transfer Tax Issues
  •  Sunset in 2025, clawback and the mandate for regulatory relief
  • Sunrise, future law, permanent ratification of 2017 relief, permanent repeal or a return to lower exemptions and/or higher rates?
  • The price of Federalism, state taxes and the cost of taking advantage of 2017 relief
  • Income tax, choose your poison, basis and the gift tax
  • Generations to come, is now the time for a dynasty trust?
  • Timing and techniques, a new planning paradigm or an adjustment in scale? 

Laura A. Kelly



10:00 Estate Planning for Digital Assets
  • What are digital assets? Do they have value?
  • Understand the obstacles for accessing digital assets
  • Discussion of the uniform law dealing with digital assets
  • Planning techniques to avoid pitfalls and ensure smooth administration of digital assets
  • Preserving the integrity of the client’s digital assets to prevent identity and content theft
  • What to do when a client has not planned ahead

Jill Choate Beier  



11:00 Break

11:15 Cool Charitable Deduction Strategies in the New Tax Climate
  •  Outright charitable gifts—not just cash on the barrelhead
  • Planning for clients who take the standard deduction
  • Increased importance of IRA transfers to charities
  • Income tax savings NOW for clients’ death time gifts
  • Trust selection, the tax rules and drafting techniques
  • Early trust termination and division of assets between the parties
  • Avoiding pitfalls and patching up the other fellow’s shortfalls

Conrad Teitell  



12:15 Lunch

1:30 U.S. Tax Income and Transfer Tax Planning for Individuals Arriving/Leaving the U.S.
  • Review of rules that establish U.S. tax status for individuals, including citizenship, green card, residency and domicile
  • Pre-immigration income tax planning
  • Pre-immigration estate tax planning
  • Pre-expatriation planning for long-term green card holders and U.S. citizens wishing to leave the country

Andrew S. Auchincloss



2:30 Matrimonial Law and Estate Planning – Prenuptials, Postnuptials and Separation Agreements under the 2017 Tax Act
  • Tax Treatment of Alimony Payments
  • Pre-TCJA Prenuptial and Postnuptial Agreements
  • Potential Impacts on Existing Separation Agreements
  • Business Valuations under the TCJA

Nicholas Ferris Cohen



3:30 Break

3:45 Income Taxation of Trusts, Estates and Beneficiaries
  • Overview of Subchapter J
  • Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • State Income Taxation

Alan S. Halperin



4:45 Adjourn

Chairperson(s)
Sanford J. Schlesinger ~ Schlesinger Lazetera & Auchincloss LLP
Speaker(s)
Andrew S. Auchincloss ~ Schlesinger Lazetera & Auchincloss LLP
Jill Choate Beier ~ Beier & Associates, PLLC
Blanche Lark Christerson ~ Managing Director, Deutsche Bank Trust Company, N.A., Deutsche Bank Wealth Management
Nicholas Ferris Cohen ~ Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP
Alan S. Halperin ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Andrew S. Katzenberg ~ Kleinberg, Kaplan, Wolff & Cohen, P.C.
Laura A. Kelly ~ McCarter & English, LLP
Bernard A. Krooks ~ Littman Krooks LLP
Paul S. Lee ~ Global Fiduciary Strategist, Senior Vice President, Managing Director, Wealth Management and Global Family & Investment Offices Group, Northern Trust
Marian C. Rice ~ L'Abbate, Balkan, Colavita & Contini, L.L.P.
Conrad Teitell ~ Cummings & Lockwood LLC
Program Attorney(s)
Meghan Carney Cavagnaro ~ Senior Program Attorney, Practising Law Institute
General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.

PLI’s live and on-demand webcasts are single-user license products intended for an individual registrant only. Credit will be issued only to the individual registered. If two or more individuals wish to participate in a webcast and receive credit, PLI would be happy to provide a Groupcast – group viewing of a webcast. To schedule a Groupcast, please contact PLI at groupcasts@pli.edu.


U.S. MCLE States

Alabama:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live webcasts qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

California:  PLI’s live webcasts qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live webcasts qualify as “eCLE” credit. Attorneys are limited to 12 credits of eCLE per reporting period.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live webcasts qualify as “in-house” credit. Attorneys are limited to 6 in-house credits per reporting period.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live webcasts qualify as “distance education” credit. Attorneys are limited to 9 credits of distance education per reporting period.

Iowa:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kansas:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Kentucky:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Louisiana:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 4 credits of self-study per reporting period.

Maine:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Minnesota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Mississippi:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Montana:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Nebraska:  PLI’s live webcasts qualify as “computer-based learning” credit. Attorneys are limited to 5 credits of computer-based learning per reporting period.

Nevada:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live webcasts qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live webcasts can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live webcasts. Skills credits may not be earned via live webcasts.

North Carolina:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

North Dakota:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Ohio:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Oklahoma:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

South Carolina:  PLI’s live webcasts qualify as “alternatively delivered” credit. Attorneys are limited to 6 credits of alternatively delivered programs per reporting period.

Tennessee:  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 8 credits of distance learning per reporting period.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live webcasts qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live webcasts qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

West Virginia:  PLI’s live webcasts qualify as “online” credit. Attorneys are limited to 12 credits of online instruction per reporting period.

Wisconsin:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

Wyoming:  PLI’s live webcasts qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live webcasts.

CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live webcasts qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live webcasts qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live webcasts can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live webcasts qualify as “distance learning” credit. Attorneys are limited to 15 points of distance learning programs per reporting period.

United Kingdom (CPD-UK):  PLI’s live webcasts can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live webcasts may fulfill Australia’s CPD requirements. Credit limits for live webcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Dubai (CLPD-DUBAI):  PLI’s live webcasts may fulfill CLPD credit requirements.

Other Credit Types

CPE Credit (NASBA):  PLI’s live webcasts qualify as the “Group-Internet-Based” (GIB) delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live webcasts may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live webcasts may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live webcasts may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live webcasts may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live webcasts qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live webcasts qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live programs.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live webcasts may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live webcasts may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live webcasts may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live webcasts may fulfill CFP credit requirements.

 

Why You Should Attend

The Reconciliation Act of 2017 (the “2017 Act”), which was enacted on December 22, 2017, included significant changes to the federal transfer tax regime and related income tax provisions.  This program will review such transfer tax and related income tax developments, and will discuss how they impact estate, trust and income tax planning, and the administration of decedents’ estates.  Moreover, the program will review other recent developments regarding estate, trust and transfer tax and income tax planning. 

What You Will Learn

  • A review of the transfer tax and related income tax provisions of the Act
  • A review of the interaction between the new federal transfer tax regime and state transfer tax regimes
  • Drafting estate planning documents to comply with and take advantage of the new federal transfer tax regime
  • A review of the significant estate planning techniques that were not affected by, and that are still viable after, the Act
  • A review of the transfer tax and related income tax aspects of the Internal Revenue Service’s most recent Priority Guidance Plan
  • An update on recent developments in all areas of estate, trust and transfer tax planning
  • Income tax planning for estates and trusts
  • Ethical considerations for attorneys acting as fiduciaries or beneficiaries

…and much more!

Who Should Attend

Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

 

Program Level: Overview

Intended Audience: Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

Prerequisites: A background in estate, trust and transfer tax and income tax planning.

Advanced Preparation: None


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks and Introduction

9:15 Recent Developments in Transfer Taxation and Estate Planning
  • Summary of the transfer tax and related income tax provisions of the 2017 Reconciliation Act (Pub. L. No. 115-97)
  • Estate, trust and income tax planning after the 2017 Reconciliation Act
  • Portability or credit shelter trust planning
  • Impact of the 2017 Reconciliation Act on the administration of decedents’ estates
  • Transfer tax aspects of the IRS 2017-2018 Priority Guidance Plan
  • State inheritance and estate tax considerations
  • Other recent developments in estate, trust, transfer tax and income tax planning

Sanford J. Schlesinger



10:15 Elder Law and Special Needs Update
  • 2017 Tax Act changes
  • ABLE accounts
  • Medical expense deductions
  • Qualified disability trusts
  • Long-term care insurance
  • Nursing home, assisted living and CCRC admission issues
  • Paying for long-term care
  • Elder abuse
  • Powers of attorney
  • Guardianship
  • Special needs trusts and pooled trusts
  • Medicaid irrevocable trusts

 Bernard A. Krooks



11:15 Break

11:30 Sophisticated (and less Sophisticated!) Estate Planning Techniques
  • Factoring in the – temporary – $11.18 million exclusion
  • Income tax vs. transfer tax savings: considerations
  • Grantor Retained Annuity Trusts and Sales to Defective Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • Family Limited Partnerships, Limited Liability Companies and Defined Value Clauses
  • Less sophisticated, but still important: intra-family loans, simple (but powerful) uses of annual exclusion and other tax-free gifts

Blanche Lark Christerson



12:30 Lunch

1:45 Valuation Issues and Opportunities after Estate Tax Reform: High, Middle, or In-Between?

With “tax reform,” the importance of the management and creation of tax basis has never been greater, but that must be measured against the potential federal and state estate taxes, which is all about valuation.  This presentation will discuss:

  • Measuring the estate tax liability against the income tax savings against different types of assets;
  • When a higher valuation is better than a lower valuation and how to eliminate or turn-off discounts;
  • Tax basis management techniques that maximize, even multiply, the “step-up” in basis; and
  • Techniques that strip, shift, create, and concentrate basis where it can be of most benefit to taxpayers.

Paul S. Lee



2:45 Estate Planning with Artwork
  • Gifting to individuals
  • Gifting to charities
  • Fractional interests
  • Gift/pledge agreements

Andrew S. Katzenberg  



3:45 Break

4:00 Estate Planning: Attorneys as Beneficiaries and/or Fiduciaries
  • Ethical considerations – Role of the Rules of Professional Conduct
    • Rule 1.1 – competence and issues of judgment,
    • Rule 1.2 – scope of engagement,
    • Rule 1.5 – reasonableness of legal fees,
    • Rul1 1.6 – confidentiality.
  • Conflicts that exist in the trust and estates areas
    • Rule 1.7 - between the lawyer and client – Rule 1.7,
    • Rule 1.7 - between current clients,
    • Rule 1.9 - between a current and former client.
  • Attorneys as fiduciaries
    • Appropriate circumstances
    • Retention of counsel where attorney is fiduciary
    • Best practices for avoiding exposure
  • Attorneys as beneficiaries
    • Rule 1.8(c) – gifts and bequests;  and
    • Potential pitfalls and best practices for avoiding exposure
  • Fiduciary misconduct
    • Aiding and abetting claims against counsel for the fiduciary
    • Confidentiality and disclosure of misconduct
    • Best practices for avoiding exposure
  • Clients with diminished capacity
    • Determining if the client is capable of making a reasoned decision
    • Taking protective measures
    • Confidentiality
    • Obligations on withdrawal

Marian C. Rice 



5:00 Adjourn

Day Two: 9:00 a.m. - 4:45 p.m.

9:00 The Near Death and Possible Resurrection of the Estate Tax and Other Transfer Tax Issues
  •  Sunset in 2025, clawback and the mandate for regulatory relief
  • Sunrise, future law, permanent ratification of 2017 relief, permanent repeal or a return to lower exemptions and/or higher rates?
  • The price of Federalism, state taxes and the cost of taking advantage of 2017 relief
  • Income tax, choose your poison, basis and the gift tax
  • Generations to come, is now the time for a dynasty trust?
  • Timing and techniques, a new planning paradigm or an adjustment in scale? 

Laura A. Kelly



10:00 Estate Planning for Digital Assets
  • What are digital assets? Do they have value?
  • Understand the obstacles for accessing digital assets
  • Discussion of the uniform law dealing with digital assets
  • Planning techniques to avoid pitfalls and ensure smooth administration of digital assets
  • Preserving the integrity of the client’s digital assets to prevent identity and content theft
  • What to do when a client has not planned ahead

Jill Choate Beier  



11:00 Break

11:15 Cool Charitable Deduction Strategies in the New Tax Climate
  •  Outright charitable gifts—not just cash on the barrelhead
  • Planning for clients who take the standard deduction
  • Increased importance of IRA transfers to charities
  • Income tax savings NOW for clients’ death time gifts
  • Trust selection, the tax rules and drafting techniques
  • Early trust termination and division of assets between the parties
  • Avoiding pitfalls and patching up the other fellow’s shortfalls

Conrad Teitell  



12:15 Lunch

1:30 U.S. Tax Income and Transfer Tax Planning for Individuals Arriving/Leaving the U.S.
  • Review of rules that establish U.S. tax status for individuals, including citizenship, green card, residency and domicile
  • Pre-immigration income tax planning
  • Pre-immigration estate tax planning
  • Pre-expatriation planning for long-term green card holders and U.S. citizens wishing to leave the country

Andrew S. Auchincloss



2:30 Matrimonial Law and Estate Planning – Prenuptials, Postnuptials and Separation Agreements under the 2017 Tax Act
  • Tax Treatment of Alimony Payments
  • Pre-TCJA Prenuptial and Postnuptial Agreements
  • Potential Impacts on Existing Separation Agreements
  • Business Valuations under the TCJA

Nicholas Ferris Cohen



3:30 Break

3:45 Income Taxation of Trusts, Estates and Beneficiaries
  • Overview of Subchapter J
  • Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • State Income Taxation

Alan S. Halperin



4:45 Adjourn

Chairperson(s)
Sanford J. Schlesinger ~ Schlesinger Lazetera & Auchincloss LLP
Speaker(s)
Andrew S. Auchincloss ~ Schlesinger Lazetera & Auchincloss LLP
Jill Choate Beier ~ Beier & Associates, PLLC
Blanche Lark Christerson ~ Managing Director, Deutsche Bank Trust Company, N.A., Deutsche Bank Wealth Management
Nicholas Ferris Cohen ~ Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP
Alan S. Halperin ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Andrew S. Katzenberg ~ Kleinberg, Kaplan, Wolff & Cohen, P.C.
Laura A. Kelly ~ McCarter & English, LLP
Bernard A. Krooks ~ Littman Krooks LLP
Paul S. Lee ~ Global Fiduciary Strategist, Senior Vice President, Managing Director, Wealth Management and Global Family & Investment Offices Group, Northern Trust
Marian C. Rice ~ L'Abbate, Balkan, Colavita & Contini, L.L.P.
Conrad Teitell ~ Cummings & Lockwood LLC
Program Attorney(s)
Meghan Carney Cavagnaro ~ Senior Program Attorney, Practising Law Institute
New Jersey Groupcast Location

New Jersey Institute for Continuing Legal Education, One Constitution Square, New Brunswick, NJ 08901-1520. 732-249-5100.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

Why You Should Attend

The Reconciliation Act of 2017 (the “2017 Act”), which was enacted on December 22, 2017, included significant changes to the federal transfer tax regime and related income tax provisions.  This program will review such transfer tax and related income tax developments, and will discuss how they impact estate, trust and income tax planning, and the administration of decedents’ estates.  Moreover, the program will review other recent developments regarding estate, trust and transfer tax and income tax planning. 

What You Will Learn

  • A review of the transfer tax and related income tax provisions of the Act
  • A review of the interaction between the new federal transfer tax regime and state transfer tax regimes
  • Drafting estate planning documents to comply with and take advantage of the new federal transfer tax regime
  • A review of the significant estate planning techniques that were not affected by, and that are still viable after, the Act
  • A review of the transfer tax and related income tax aspects of the Internal Revenue Service’s most recent Priority Guidance Plan
  • An update on recent developments in all areas of estate, trust and transfer tax planning
  • Income tax planning for estates and trusts
  • Ethical considerations for attorneys acting as fiduciaries or beneficiaries

…and much more!

Who Should Attend

Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

 

Program Level: Overview

Intended Audience: Attorneys and other professionals who specialize in estate planning, life insurance and/or transfer tax planning, including accountants, financial planners, trust officers, and anyone else whose practice requires a solid understanding of estate planning.

Prerequisites: A background in estate, trust and transfer tax and income tax planning.

Advanced Preparation: None


PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Day One: 9:00 a.m. - 5:00 p.m.

9:00 Opening Remarks and Introduction

9:15 Recent Developments in Transfer Taxation and Estate Planning
  • Summary of the transfer tax and related income tax provisions of the 2017 Reconciliation Act (Pub. L. No. 115-97)
  • Estate, trust and income tax planning after the 2017 Reconciliation Act
  • Portability or credit shelter trust planning
  • Impact of the 2017 Reconciliation Act on the administration of decedents’ estates
  • Transfer tax aspects of the IRS 2017-2018 Priority Guidance Plan
  • State inheritance and estate tax considerations
  • Other recent developments in estate, trust, transfer tax and income tax planning

Sanford J. Schlesinger



10:15 Elder Law and Special Needs Update
  • 2017 Tax Act changes
  • ABLE accounts
  • Medical expense deductions
  • Qualified disability trusts
  • Long-term care insurance
  • Nursing home, assisted living and CCRC admission issues
  • Paying for long-term care
  • Elder abuse
  • Powers of attorney
  • Guardianship
  • Special needs trusts and pooled trusts
  • Medicaid irrevocable trusts

 Bernard A. Krooks



11:15 Break

11:30 Sophisticated (and less Sophisticated!) Estate Planning Techniques
  • Factoring in the – temporary – $11.18 million exclusion
  • Income tax vs. transfer tax savings: considerations
  • Grantor Retained Annuity Trusts and Sales to Defective Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • Family Limited Partnerships, Limited Liability Companies and Defined Value Clauses
  • Less sophisticated, but still important: intra-family loans, simple (but powerful) uses of annual exclusion and other tax-free gifts

Blanche Lark Christerson



12:30 Lunch

1:45 Valuation Issues and Opportunities after Estate Tax Reform: High, Middle, or In-Between?

With “tax reform,” the importance of the management and creation of tax basis has never been greater, but that must be measured against the potential federal and state estate taxes, which is all about valuation.  This presentation will discuss:

  • Measuring the estate tax liability against the income tax savings against different types of assets;
  • When a higher valuation is better than a lower valuation and how to eliminate or turn-off discounts;
  • Tax basis management techniques that maximize, even multiply, the “step-up” in basis; and
  • Techniques that strip, shift, create, and concentrate basis where it can be of most benefit to taxpayers.

Paul S. Lee



2:45 Estate Planning with Artwork
  • Gifting to individuals
  • Gifting to charities
  • Fractional interests
  • Gift/pledge agreements

Andrew S. Katzenberg  



3:45 Break

4:00 Estate Planning: Attorneys as Beneficiaries and/or Fiduciaries
  • Ethical considerations – Role of the Rules of Professional Conduct
    • Rule 1.1 – competence and issues of judgment,
    • Rule 1.2 – scope of engagement,
    • Rule 1.5 – reasonableness of legal fees,
    • Rul1 1.6 – confidentiality.
  • Conflicts that exist in the trust and estates areas
    • Rule 1.7 - between the lawyer and client – Rule 1.7,
    • Rule 1.7 - between current clients,
    • Rule 1.9 - between a current and former client.
  • Attorneys as fiduciaries
    • Appropriate circumstances
    • Retention of counsel where attorney is fiduciary
    • Best practices for avoiding exposure
  • Attorneys as beneficiaries
    • Rule 1.8(c) – gifts and bequests;  and
    • Potential pitfalls and best practices for avoiding exposure
  • Fiduciary misconduct
    • Aiding and abetting claims against counsel for the fiduciary
    • Confidentiality and disclosure of misconduct
    • Best practices for avoiding exposure
  • Clients with diminished capacity
    • Determining if the client is capable of making a reasoned decision
    • Taking protective measures
    • Confidentiality
    • Obligations on withdrawal

Marian C. Rice 



5:00 Adjourn

Day Two: 9:00 a.m. - 4:45 p.m.

9:00 The Near Death and Possible Resurrection of the Estate Tax and Other Transfer Tax Issues
  •  Sunset in 2025, clawback and the mandate for regulatory relief
  • Sunrise, future law, permanent ratification of 2017 relief, permanent repeal or a return to lower exemptions and/or higher rates?
  • The price of Federalism, state taxes and the cost of taking advantage of 2017 relief
  • Income tax, choose your poison, basis and the gift tax
  • Generations to come, is now the time for a dynasty trust?
  • Timing and techniques, a new planning paradigm or an adjustment in scale? 

Laura A. Kelly



10:00 Estate Planning for Digital Assets
  • What are digital assets? Do they have value?
  • Understand the obstacles for accessing digital assets
  • Discussion of the uniform law dealing with digital assets
  • Planning techniques to avoid pitfalls and ensure smooth administration of digital assets
  • Preserving the integrity of the client’s digital assets to prevent identity and content theft
  • What to do when a client has not planned ahead

Jill Choate Beier  



11:00 Break

11:15 Cool Charitable Deduction Strategies in the New Tax Climate
  •  Outright charitable gifts—not just cash on the barrelhead
  • Planning for clients who take the standard deduction
  • Increased importance of IRA transfers to charities
  • Income tax savings NOW for clients’ death time gifts
  • Trust selection, the tax rules and drafting techniques
  • Early trust termination and division of assets between the parties
  • Avoiding pitfalls and patching up the other fellow’s shortfalls

Conrad Teitell  



12:15 Lunch

1:30 U.S. Tax Income and Transfer Tax Planning for Individuals Arriving/Leaving the U.S.
  • Review of rules that establish U.S. tax status for individuals, including citizenship, green card, residency and domicile
  • Pre-immigration income tax planning
  • Pre-immigration estate tax planning
  • Pre-expatriation planning for long-term green card holders and U.S. citizens wishing to leave the country

Andrew S. Auchincloss



2:30 Matrimonial Law and Estate Planning – Prenuptials, Postnuptials and Separation Agreements under the 2017 Tax Act
  • Tax Treatment of Alimony Payments
  • Pre-TCJA Prenuptial and Postnuptial Agreements
  • Potential Impacts on Existing Separation Agreements
  • Business Valuations under the TCJA

Nicholas Ferris Cohen



3:30 Break

3:45 Income Taxation of Trusts, Estates and Beneficiaries
  • Overview of Subchapter J
  • Grantor Trusts
  • Charitable Lead Trusts and Charitable Remainder Trusts
  • State Income Taxation

Alan S. Halperin



4:45 Adjourn

Chairperson(s)
Sanford J. Schlesinger ~ Schlesinger Lazetera & Auchincloss LLP
Speaker(s)
Andrew S. Auchincloss ~ Schlesinger Lazetera & Auchincloss LLP
Jill Choate Beier ~ Beier & Associates, PLLC
Blanche Lark Christerson ~ Managing Director, Deutsche Bank Trust Company, N.A., Deutsche Bank Wealth Management
Nicholas Ferris Cohen ~ Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP
Alan S. Halperin ~ Paul, Weiss, Rifkind, Wharton & Garrison LLP
Andrew S. Katzenberg ~ Kleinberg, Kaplan, Wolff & Cohen, P.C.
Laura A. Kelly ~ McCarter & English, LLP
Bernard A. Krooks ~ Littman Krooks LLP
Paul S. Lee ~ Global Fiduciary Strategist, Senior Vice President, Managing Director, Wealth Management and Global Family & Investment Offices Group, Northern Trust
Marian C. Rice ~ L'Abbate, Balkan, Colavita & Contini, L.L.P.
Conrad Teitell ~ Cummings & Lockwood LLC
Program Attorney(s)
Meghan Carney Cavagnaro ~ Senior Program Attorney, Practising Law Institute
Atlanta Groupcast Location

Atlanta Bar Association, 400 International Tower, 229 Peachtree Street, NE, Atlanta, GA 30303-1601. (404) 521-0781.

General credit information about this format appears below. For credit information specific to this program, please choose your jurisdiction(s) in the Credit Information box on the right-hand side of this page.


U.S. MCLE States

Alabama:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Alaska:  All PLI products can fulfill Alaska’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Arizona:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive CLE” credit. There is no limit to the number of credits an attorney can earn via interactive CLE programs.

Arkansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

California:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “participatory” credit. There is no limit to the number of credits an attorney can earn via participatory programs.

Colorado:  All PLI products can fulfill Colorado’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Connecticut: Effective January 1, 2017, all PLI products can fulfill Connecticut’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Delaware:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Florida:  All PLI products can fulfill Florida’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Georgia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Hawaii:  All PLI products can fulfill Hawaii’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Idaho:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Illinois:  All PLI products can fulfill Illinois' CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Indiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Iowa:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Kansas:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live programs.

Kentucky:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Louisiana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Maine:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Minnesota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Mississippi:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “distance learning” credit. Attorneys are limited to 6 credits of distance learning per reporting period.

Missouri:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Montana:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nebraska:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Nevada:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New Hampshire:  All PLI products can fulfill New Hampshire’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

New Jersey:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “alternative verifiable learning formats” credit. Attorneys are limited to 12 credits of alternative verifiable learning formats per reporting period.

New Mexico:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

New York

Experienced Attorneys:  All PLI products can fulfill New York’s CLE requirements for experienced attorneys. There is no limit to the number of credits an attorney can earn via PLI products.

Newly Admitted Attorneys:  PLI’s transitional live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can be used to fulfill the requirements for New York newly admitted attorneys. Ethics credit, professional practice credit, and law practice management credit may be earned via transitional live groupcasts. Skills credits may not be earned via live groupcasts.

North Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

North Dakota:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Ohio:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oklahoma:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Oregon:  All PLI products can fulfill Oregon’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Pennsylvania:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Puerto Rico:  All PLI products can fulfill Puerto Rico’s CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Rhode Island:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

South Carolina:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Tennessee:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Texas:  All PLI products can fulfill Texas’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Utah:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “self-study” credit. Attorneys are limited to 12 credits of self-study per reporting period.

Vermont:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Virgin Islands:  All PLI products can fulfill the Virgin Islands’ CLE requirements. There is no limit to the number of credits an attorney can earn via PLI products.

Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live interactive” credit. There is no limit to the number of credits an attorney can earn via live interactive programs.

Washington:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

West Virginia:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wisconsin:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.

Wyoming:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of credits an attorney can earn via live groupcasts.


CPD Jurisdictions

British Columbia (CPD-BC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “real-time” credit. There is no limit to the number of credits an attorney can earn via real-time programs.

Ontario (CPD-ON):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “interactive” credit. There is no limit to the number of credits an attorney can earn via interactive programs.

Quebec (CPD-QC):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill Quebec’s CPD requirements.

Hong Kong (CPD-HK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” credit. There is no limit to the number of points an attorney can earn via live groupcasts.

United Kingdom (CPD-UK):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) can fulfill the United Kingdom’s CPD requirements.

Australia (CPD-AUS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Australia’s CPD requirements. Credit limits for live groupcasts vary according to jurisdiction. Please refer to your jurisdiction’s CPD information page for specifics.

Dubai (CLPD-DUBAI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CLPD credit requirements.


Other Credit Types

CPE Credit (NASBA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as the “Group-Live” delivery method. Please check the Credit Information box on the right-hand side of this page to verify CPE credit availability.

IRS Continuing Education (IRS-CE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill IRS-CE requirements. To request IRS-CE credit, please notify PLI at plicredits@pli.edu of your request and include your Preparer Tax Identification Number (PTIN).

Certified Fraud Examiner CPE:  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Certified Fraud Examiner CPE requirements. To request CPE credit or find out which programs offer CPE, please contact PLI at plicredits@pli.edu.

IAPP Continuing Privacy Credit (CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill Privacy CPE credit requirements.

HR Recertification (HRCI):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill HR credit requirements.

SHRM Recertification (SHRM):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as "instructor-led" credit. There is no limit to the number of credits an SHRM professional can earn via instructor-led programs.

Compliance Certification Board (CCB):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) qualify as “live” training events. There is no limit to the number of credits a candidate or certification holder can earn via live groupcasts.

Certified Anti-Money Laundering Specialists (CAMS):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CAMS credit requirements.

New York State Social Worker Continuing Education (SW CPE):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill SW CPE credit requirements.

American Bankers Association Professional Certification (ABA):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill ABA credit requirements.

Certified Financial Planners (CFP):  PLI’s live groupcasts (i.e. live webcasts available for group viewing at co-sponsored locations) may fulfill CFP credit requirements.

 

Related Items

On-Demand  On-Demand Programs

48th Annual Estate Planning Institute Sep. 14, 2017

Handbook  Course Handbook Archive

49th Annual Estate Planning Institute  
Estate Planning Institute (48th Annual) Sanford J Schlesinger, Schlesinger Gannon & Lazetera LLP
 
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