ABA Heckerling Reports from the 2015 Heckerling Institute

Every January, The University of Miami School of Law sponsors one of the nation’s largest estate planning conferences, The Heckerling Institute on Estate Planning. Also, for the past 16 years, the American Bar Association Section of Real Property, Trust and Estate Law with the permission of the University of Miami School of Law, releases several extensive reports highlighting the various lectures and proceedings of the Heckerling Institute. To view, download and access these extensive reports, please visit: http://www.americanbar.org/groups/real_property_trust_estate/events_cle/heckerling_reports/heckerling_2015.html Further, at the above website, you can also access reports from prior Heckerling Institutes as well. We, at The Ultimate Estate Planner,…

Are You Missing Out on the Lucrative New Estate Planning Market?

Download Printable Article By Philip J. Kavesh, J.D., LL.M. (Taxation), CFP®, ChFC, California State Bar Certified Specialist in Estate Planning, Trust & Probate Law Over the past ten years or so, I’ve seen a big shift in the new client market. It used to be that a large percentage of the people coming to our office had no Living Trust or other estate plan. Today, the market has almost completely flipped, with many if not most people coming in with an existing trust or plan. Why has this market shift occurred? Like it or not, the truth I’ve witnessed (and…

Top 6 Strategies for Managing Interruptions in the Workplace

Download Printable Article By Kristina Schneider, Executive Assistant According to a study conducted in 2009, the average time spent per day by employees being interrupted and trying to refocus is 2.1 hours. Interruptions at the workplace is estimated to cost businesses in the U.S. over half a trillion dollars each year!* While interruptions at the workplace are inevitable, it doesn’t mean that they cannot be minimized or reduced. Below are what I consider to be the top ten strategies for managing (and reducing) the amount of interruptions at the workplace. Strategy #1: Evaluate (and change) your physical workspace. One of…

BREAKING NEWS: Important Updates from Robert Keebler

Thanks to the generosity of Stephan Leimberg and Leimberg Information Services, we are pleased to bring to you complimentary podcasts on the following important updates. IRS Approves Extension of Time to Recharacterize a Roth IRA The IRS has published Private Letter Ruling 201506015, in which they have granted the taxpayer an extension of time to recharacterize a Roth IRA.  The taxpayer had learned that the account value had declined due to fraud by an investment manager after the deadline for recharacterizing had passed. To listen to these complimentary podcast, see below: The Administration’s 2016 Budget Proposals The Administration has released…

Decanting an Irrevocable Trust – The Process

Download Printable Article By Steven J. Oshins Esq., AEP (Distinguished) Our clients often set up and fund an irrevocable trust and then come back to us wanting to change the trust terms. This even sometimes happens within a matter of days of funding the trust. Human nature is such that people often change their minds. And it is also likely that circumstances will change after the trust has been funded. We also often review our clients’ and prospects’ existing trusts and find that they weren’t drafted very well. Just as our clients often want to change their irrevocable trusts, advisors…