Adapt Your Planning Approaches to the IRA Rules Changes
IRA rules are in flux, and the changes will have a significant impact on the way we treat retirement assets in estate planning. Are you prepared? This practical update will give you the latest information and new practical guidance for planning in the changing environment. From beneficiary designations through creditor claims and tax consequences, you'll come away with the knowledge you can put to use immediately. Register today!
- Tailor your approaches to the specific types of retirement assets, taking into account their unique advantages and limitations.
- Clarify all the contribution limits and RMD requirements essential to effective planning.
- Identify key mistakes in beneficiary designations and learn how the new rules will affect future decision-making.
- Explore new planning options and priorities in planning for inherited IRAs.
- Keep your practice beyond reproach with a legal ethics guide tailored to the concerns of your practice.
10:00 am to 5:00 pm Eastern Standard Time
- Regulatory Update and Prognosis
10:00 - 10:30, Paul F. Wright
- The Nature of the Retirement Assets
10:30 - 11:00, Paul F. Wright
- IRAs: Traditional, Roth, Rollover, Inherited
- Other Defined Benefit Plans
- Important Dates and Contribution Limits/Rules: What's New?
11:15 - 11:45, Paul F. Wright
- Spousal Rights in Retirement Plans
11:45 - 12:15, George S. Peek
- Differences Between Common Law and Community Property States
- Spousal Rights in ERISA Plans
- Beneficiary Designations Updates
12:15 - 12:45, George S. Peek
- Tax and Life Expectancy Considerations
- Common Beneficiary Mistakes that Derail Brilliant Plans
- Retirement Benefits Left to Disabled Beneficiaries
- IRA Rollover Rules (Including Charitable Rollovers)
1:15 - 1:45, Thomas J. Murphy
- Planning for the Distributions, Including Trusts
1:45 - 2:15, Thomas J. Murphy
- RMD Rules
- Planning Lifetime Distributions
- Planning for Distributions of Inherited IRAs
- Qualifying a Trust for Distributions
- Inherited IRAs in Estate Planning and Administration
2:15 - 2:45, Thomas J. Murphy
- Post-Mortem Transfers
- Clark v. Rameker Implications
- IRA Trusts and IRA Trust Administration
- Creditor Claims Against Retirement Assets
3:00 - 3:30, George S. Peek
- Other Tax Planning Considerations and Updates
3:30 - 4:00, James W. Spencer
- Ethics in Estate Planning Practice
4:00 - 5:00, James W. Spencer
- Who is Your Client?
- Attorney Fees
- Protecting Confidentiality
- Avoiding Fraudulent Transfers
- UPL Issues
- Multi-Jurisdictional Practice of Law
- Fiduciary Duty to the Client in the Context of Estate Planning
This timely legal course is designed for attorneys. It will also benefit accountants, CPAs, trust officers, tax professionals and paralegals looking to increase their knowledge of IRA planning techniques.