Do You Know How to Help Most Client

 Now Following the SECURE Act?

Provide Your Clients the Best Income Tax Solutions,
While Maintaining Asset Protection Using These Strategies!

Since December, thousands of lawyers and CPAs have been developing ideas to address the SECURE Act’s 10-Year Rule for the vast majority of clients with significant retirement plans who also use trusts as the mainstay of their estate plan.

Some solutions focus on financial engineering, such as converting traditional IRA accounts to Roth IRAs or increasing taxable distributions to move funds to life insurance. Other solutions involve a significant charitable component, such as leaving funds to variations of charitable remainder trusts. While these solutions are certainly viable and important to consider, they unfortunately only appeal to a small minority of clients. Most clients will want a solution that mitigates the income tax burden of the loss of the stretch to the maximum extent possible, while still keeping the most protection in trust from creditors, divorce and estate tax.

This is where you come in to help and we have brought on the experts to help show you how!

Be sure to join us and nationally renowned CPA and tax expert, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA and nationally renowned estate planning attorney, Edwin J. Morrow, III, J.D.,  for a  timely presentation entitled, “The SECURE Act’s Three Leading Fiduciary Trust Income Tax Planning Strategies”.

During this 90-minute program, Bob and Ed will discuss and explain the three leading trust and beneficiary income tax strategies that the SECURE Act has created to help you help most of your clients:

•  IRC Section 678 Beneficiary Deemed Owner Trusts (“BDOTs”)
  • Why will a beneficiary grantor trust save a family income taxes?
  • State income tax implications—understand why these trusts work better when the settlor resided in one of the many so-called “founder states” for state trust residency purposes
  • Asset protection issues and why you may or may not need to use a DAPT-friendly state
  • Technical tax reasons why this work
  • The mathematics of Section 678 trusts
  • The pros and cons of a part-grantor, part non-grantor trust

• State IRA Income Tax Strategy Trusts
  • Which “home” states allow this strategy
  • How the Supreme Court opinion in the Kaestner case may impact this strategy
  • How the Minnesota Supreme Court opinion in the Fielding matter impacts this strategy
  • How DNI transfers income from a trust to beneficiaries equally
  • The throwback rules of California and New York
  • Tax treatment of capital gains after IRA withdrawals from both regular and Roth IRAs

• Multigenerational Accumulation Trust “Sprinkling”
  • Non-tax differences between using a trustee power and a lifetime limited power of appointment
  • Gift, estate and generation skipping tax differences between using a trustee power and a lifetime limited power of appointment
  • Using a collateral lifetime limited power of appointment
  • The 5-Year, 10-Year and Ghost Life Expectancy Rules
  • The operation of the DNI Rules of Subchapter J which allow you to shift income
  • The 65-Day Rule
  • The operation of the “Kiddie Tax”
  • Why 10 years is really 11 tax years
  • State law fiduciary accounting income issues
  • State income tax issues
  • The math of “Sprinkle” Trust strategies
  • When charities can (in some cases, should) be added and why

• And much, much more!

Your purchase includes: Downloadable PDF handout materials and MP3 audio recording. A PDF transcript may be added on for an additional fee during the checkout process.