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 brand new and 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.

Edwin P. Morrow III

J.D., LL.M., MBA, CFP®, CM&AA®
Edwin P. Morrow III

Ed is currently the Regional Wealth Strategist for the eastern U.S. for U.S. Bank’s Private Wealth Management, where he concentrates on thought leadership and planning ideas for high net worth clientele in tax, asset protection and estate planning areas. Previously, he was a Director in Key Private Bank’s Family Wealth Advisory Group, analyzing tax, trust and estate planning needs of ultra high net worth clients of Key Private Bank nationwide in conjunction with local teams of credentialled financial planners, trust officers, investment specialists and private bankers.

Ed was previously in private law practice working in taxation, probate, estate and business planning. Other experience includes research and writing of legal memoranda for the U.S. District Court of Portland, Oregon as a law clerk. He is a Fellow of the American College of Trust and Estate Counsel (ACTEC). He is a Board Certified Specialist (through the Ohio State Bar Assn) in Estate Planning, Trust and Probate Law, a Certified Financial Planner (CFP) professional and a Certified Merger & Acquisition Advisor (CM&AA). He is also a Non-Public Arbitrator for the Financial Industry Regulatory Authority (FINRA) and a member of the Editorial Advisory Board of the Probate Law Journal of Ohio.

Ed is a frequent speaker at CLE/CPE courses on asset protection, tax and financial and estate planning topics, and recently co-authored, with Stephan Leimberg, Paul Hood, Martin Shenkman and Jay Katz, the 18th Edition of The Tools and Techniques of Estate Planning, a 997-page practice-based resource on estate planning.

Education:

  • Bachelor of Arts (B.A.), History, Stetson University
  • Juris Doctorate (J.D.), Northwestern School of Law at Lewis & Clark College
  • Masters of Law (LL.M.) in Tax Law, Capital University Law School
  • Masters of Business Administration (MBA), Xavier University

Professional Accreditations:

  • Licensed to practice in all Ohio courts, U.S. District Court of Southern Ohio and U.S. Tax Court
  • Board Certified Specialist  through Ohio State Bar Association in Estate Planning, Trust and Probate Law
  • Certified Financial Planner (CFP®), Certified Merger and Acquisition Advisor (CM&AA®)
  • Non-Public Arbitrator for the Financial Industry Regulatory Authority (FINRA)

Robert S. Keebler

CPA/PFS, MST, AEP (Distinguished), CGMA
Robert S. Keebler

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planning Counsels. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. Mr. Keebler is the past Editor-in-Chief of CCH’s magazine, Journal of Retirement Planning, and a member of CCH’s Financial and Estate Planning Advisory Board. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals.

In the past 20 years, he has received over 150 favorable private letter rulings including several key rulings of “first impression.” Mr. Keebler is nationally recognized as an expert in estate and retirement planning and works collaboratively with other experts on academic reviews and papers, and client matters. Mr. Keebler is the author of over 75 articles and columns and editor, author, or co-author of many books and treatises on wealth transfer and taxation, including the Warren, Gorham & Lamont of RIA treatise Esperti, Peterson and Keebler/Irrevocable Trusts: Analysis with Forms.

Mr. Keebler is a member of the editorial board of the Society of Financial Service Professionals “Keeping Current” series. He is a featured columnist for CCH’s Taxes Magazine – “Family Tax Planning Forum,” Steve Leimberg’s “News of the Week Newsletter” and the Bureau of National Affairs Tax Division. Bob also had his article “Is That Your ‘Final’ Answer?” published in Tax Management Compensation Planning Journal. Bob frequently is quoted in national publications such as New York Times, Chicago Tribune, Baltimore Sun, Barrons, Bloomberg Wealth Manager, Financial Advisor, Forbes, Kiplinger, Lawyer’s Weekly, On Wall Street, The Wall Street Journal, USA Today, Wealth Manager and Worth in addition to many local and regional newspapers.

He is a frequent speaker for legal, accounting, insurance and financial planning groups throughout the United States at seminars and conferences on advanced IRA distribution strategies, estate planning and trust administration topics including the AICPA’s Advanced Estate Planning, Personal Financial Planning Conference and Tax Strategies for the High Income Individual Conference.

Mr. Keebler graduated (cum laude) from Lakeland College with a degree in Accountancy and the University of Wisconsin – Milwaukee with a Masters in Taxation. Before practicing in Northeastern Wisconsin, he practiced with Price Waterhouse where he concentrated in taxation.

IMPORTANT NOTICE REGARDING CE CREDIT

The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.

However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.

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