NAEPC Webinars:

Wednesday, July 8, 2020 at 3:00pm - 4:00pm ET - What Estate Planning Professionals Need to Know About Cybersecurity in the Era of COVID-19

Source: The Robert G. Alexander Webinar Series

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Clients regularly trust planning professionals with something nearly as valuable as their money — their personal information. Cyber criminals are well aware that financial planners, trust officers, CPAs and attorneys are treasure troves of information that can be exploited to perpetrate a variety of schemes and frauds. Concerned with this growing problem, clients are increasingly expecting that planning professionals will keep their information private as well as secure. Additionally, those professionals with access to client assets may be targets of cyber attacks to steal those funds. The challenge of keeping client information and assets secure has increased in recent months, as work environments have changed dramatically and rapidly due to the COVID-19 pandemic, and sadly, many cyber criminals are exploiting the impacts of the health crisis for their own financial gain.

This presentation will discuss the various cyber threats confronting estate planning professionals, legal obligations and risks in the context of data security, and some non-technical strategies for reducing this legal risk with specific considerations related to impacts from COVID-19.

Justin Joy is a shareholder in the Memphis office of the Lewis, Thomason, King, Krieg & Waldrop, P.C law firm.  He also serves as the firm’s privacy officer.  In addition to a range of experience in healthcare liability defense litigation and business law matters, Justin heads up Lewis Thomason’s cybersecurity practice group.  He provides counsel to clients in a variety of industries in the area of information privacy and data security including incident investigation and breach response management, regulatory compliance, privacy and security policy review and drafting, and cyber risk management.  Justin speaks frequently to various groups and organizations on the topic of information privacy and cybersecurity.

Justin is a Certified Information Privacy Professional/US (CIPP/US) and a Certified Information Privacy Technologist (CIPT) through the International Association of Privacy Professionals.  He is a 2001 graduate of Wake Forest University and holds a law and MBA degree from the University of Memphis.

REGISTER HERE for the individual program. To purchase the 2020 webinar series, please click HERE.

Wednesday, August 12, 2020 at 3:00pm - 4:00pm ET - Creative Ways to Fund Business Owner Retirement

Source: The Robert G. Alexander Webinar Series

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Every Business Owner leaves their businesses whether voluntarily or involuntarily.  Consideration in the positioning and use of life insurance prior to the exit can mean a huge difference in ultimate retirement cash flow for the Business Owner.  This intermediate presentation will provide valuable food for thought for the professional who has business owner clients.

Vincent M. D’Addona MSFS, CLU®, ChFC®, RICP®, CExP®, AEP® (Distinguished) is an advisor at Strategies for Wealth with 41 years of experience providing services in three core areas: Estate Planning, Exit Planning for the owners of closely held businesses and Investment Coaching.  Vince has served as workshop sub-committee chair for the AALU 2010 annual meeting, in addition to being a featured speaker in 2005.  Vince is a Life and Qualifying member of MDRT, Court of the Table for 31 years and Top of the Table for 17 years and has spoken at the MDRT National Meeting.  Vince is a member of the Forum400, Financial Planning Association, the National Association of Insurance and Financial Advisors, and the National Association of Estate Planning Councils.  He has served as president of the New York City Chapter of the Society of Financial Services Professionals, and on the boards of the New York City Association of Insurance and Financial Advisors and the New York Estate Planning Council.

 

REGISTER HERE for the individual program. To purchase the 2020 webinar series, please click HERE.

Wednesday, September 9, 2020 at 3:00pm - 4:00pm ET - Zen and the Art of Trust Modification

Source: The Robert G. Alexander Webinar Series

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Step back from the mind-numbing distinctions and details of particular decanting and nonjudicial modification statutes to focus on the universal issues that should be addressed when taking a trust into the shop and the nuts and bolts of getting your trust on the road again.

Susan T. Bart is a partner in the Private Clients, Trusts & Estates Group of the Chicago office of Schiff Hardin LLP. She is a Fellow of The American College of Trust and Estate Counsel (ACTEC) and Chair of its Estate and Gift Tax Committee. She was the Reporter for the Uniform Law Commission Trust Decanting Act.

REGISTER HERE for the individual program. To purchase the 2020 webinar series, please click HERE.

Wednesday, October 14, 2020 at 3:00pm - 4:00pm ET - International Planning

Source: The Robert G. Alexander Webinar Series

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Detailed information regarding this presentation will be posted soon.

REGISTER HERE for the individual program. To purchase the 2020 webinar series, please click HERE.

Wednesday, December 9, 2020 at 3:00pm - 4:00pm ET - TBD

Source: The Robert G. Alexander Webinar Series

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Detailed information regarding this presentation will be posted soon.

REGISTER HERE for the individual program. To purchase the 2020 webinar series, please click HERE.

Issue 30 – December, 2018

NAEPC Journal of Estate & Tax Planning

Editor’s Note: Lifetime Spousal Access Trusts
SLATs can be a good way for married donors to use some or all of the newly increased exemption amount and maintain indirect access to the trust property, if needed.
Author: Susan P. Rounds, JD, CPA, LL.M., AEP®, TEP

Featured Complimentary NAEPC Webinar: Philanthropic Times, They are a Changing (Video)
Learn more about the Robert G. Alexander Webinar Series.
Presenters: Betsy Brill, MBA, Laura Malone, CAP®, CEPA, Jennifer Klein Strauss, JD

Top Pick

Trust Planning After JCTA (PDF)
A must read!  A compendium of estate and tax planning strategies relevant in the wake of TCJA as well as other critical developments.
Reproduced courtesy of Leimberg Information Services, Inc. (LISI)
Author: Jonathan Blattmachr, Esq., AEP® (Distinguished), and Martin M. Shenkman, CPA, MBA, PFS, AEP® (Distinguished)

Features

Traps for the Unwary: Some Estate Planners’ Duties, Proscriptions and Conundrums in Wealth Transmission (PDF)
The materials were presented at the 44th Annual Notre Dame Tax & Estate Planning Institute and are reproduced with permission.
Author: Richard Oshins, MBA, LL.M., AEP® (Distinguished)

Opportunity Knocks:  Qualified Opportunity Zones (PDF)
Authored especially for our NAEPC readership!  Understand the components of newly enacted IRC Section 1400Z-2 and the exciting planning opportunities available.
Author: Jonathan Hilton, JD, LLM (Taxation)

International Tax Reform: GILTI, FDII, BEAT and More (PDF)
An examination of the fundamental changes to the international tax system as a result of TCJA and the potential impact on corporate, non-corporate and even largely domestic taxpayers. 
Author: Paul Sczudlo, JD, TEP and Megan Lisa Jones, JD, LL.M., TEP

The LeBron of Asset Protection Trusts (PDF)
In a full court press, our distinguished author compares and contrasts the 3 types of asset protection trusts:  DAPTs, FAPTs and Hybrid DAPTs.  Read on for highlights and the author’s top pick.
Author: Steven J. Oshins, JD, AEP® (Distinguished) 

U.S. Conflicts of Law Involving International Estates and Marital Property (PDF)
When foreign jurisdictions are involved, the question of which law determines spousal property rights can become incredibly complicated.  This article proposes a workable approach for mediating the conflict of laws when an international estate is at issue.
Originally published in 103 Iowa L. Rev. 2119 (2018).  Reprinted with permission.
Author: Jeffrey Schoenblum, JD, AEP® (Distinguished) 

Blockchain Technology and Digital Currency  (PDF)
Tour the virtual world of Block Chain and Cryptocurrency!  Learn definitions and terminology, understand the mechanics of token sales and view the secret map of the regulatory landscape.
Presented at the 2018 Hawaii Tax Institute
Authors: J. Dax Hansen, JD 

Block Chain and Cryptocurrency Technology, Virtual Currency and Tokenized Digital Assets; Innovation and Technology that Will Affect Every Wealth Transfer Advisor’s Practice and Clients, Yet They Don’t Even Know It’s Coming (PDF)
How do you gain access to a Coinbase account when the owner has died?  The authors walk us through the basics and include a guided tour of the Revised Uniform Fiduciary Access to Digital Assets Act.
Presented at the 2018 Hawaii Tax Institute
Authors: J. Dax Hansen, JD and Suzanne Brown Walsh, JD

7th Annual Dynasty Trust State Rankings Chart  (PDF)
Another cool tool in the series – Provides hot links to state statutes, the criteria and the weight attributed to each in determining the overall rank.
Author: Steven J. Oshins, JD, AEP® (Distinguished)

Giving Among the Newly Wealthy (PDF)
A recent presenter in our Robert G. Alexander Webinar Series, Ms. Brill provides valuable insight into the characteristics of emerging wealth holders and suggests a relationship building strategy for advisors that emphasizes discussions centered on philanthropy.
With permission.  Originally published in Financial Advisor Magazine.
Author: Betsy Brill, MBA

News Nook: A Compendium of Current Affairs

The NAEPC Journal of Estate & Tax Planning Tax Update (PDF)
Author: Scott E. Swartz, JD, LL.M., AEP®

Tax Topics: Inflation Adjusted Number, Plus Tips on Year-End Gifting and Planning  (PDF)
Author: Blanche Lark Christerson, JD, LL.M. (taxation)

Practical Planner Newsletter July-Sept 2018 (PDF)
Author: Martin M. Shenkman, CPA, MBA, PFS, AEP® (Distinguished), JD

NAEPC Monthly Technical Newsletter
Reproduced courtesy of Leimberg Information Services, Inc. (LISI)