LA Estate Planning Cte: Post Death Administration & Tax Considerations:What to do When a Client Dies | G2101017

Instructors

Date :
October 18, 2017 11:30 AM - 2:00 PM
Location :
West Los Angeles
Facility :
Olympic Collection
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Level of Difficulty :
Intermediate
CPE Credits :
CPE 2.00, MCLE 1.50
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Join us to hear speakers Burton Mitchell (Partner / Assistant Managing Partner at Jeffer Mangels Butler & Mitchell LLP) and David J. Garten (Senior Vice President / Practice Leader, West Region Estate Settlement Services at Northern Trust) as they review best practices for post death administration and share helpful insight on tax considerations. Some of the major topics they will cover include probate, notices and filings as well as how to handle life insurance, sub trusts, fiduciary income tax returns, charitable gifting, determination of basis, closely-held corporations, and estate planning for the surviving spouse/partner. Don't miss out on this opportunity to gain a wealth of valuable information - sign up today!

Objectives:

  • Recognize what to expect during the post-death administration period.
  • Gain tips on creative post-death tax and estate planning.
  • Identify the factors that can simplify or complicate post-mortem administration.

Major Subjects:

  • Probate, Notices and Filings
  • Life Insurance
  • Sub trusts
  • Fiduciary Income Tax Returns
  • Filing Form 706
  • Other Tax Elections/Decisions (i.e., Basis, Charitable Gifts, Closely-held Corporations)
  • Estate Planning for the Surviving Spouse
  • Death of Surviving Spouse and Next Steps

Advanced Prep:

None

Misc. Information:

Online registration is closed the day of the meeting. We encourage you to attend and pay at the door. To ensure there is space available, call Program Associate Tracey Zink at (818) 546-3554. Plan to arrive at 11:30 a.m.
•Fees: $50/member, $60/nonmember
•Add $10 for same day and at door registration
•Parking and lunch included
•Address: Olympic Collection Banquet Hall and Conference Center, 11301 Olympic Blvd., W. LA 90064
Level of Difficulty:
Intermediate
Field of Interest:
Taxes
Prerequisites:

Some knowledge of trusts and estate planning is preferred.

Designed For:
CPAs interested in estate planning, attorneys and other professional staff.

Instructors

David Garten, CFP
EXPERTISE David Garten is a Senior Vice President and the West Region Practice Leader for Northern Trust’s Estate Settlement Services. He has over 20 years of financial services experience, serving private clients in the areas of trust administration, wealth transfer planning, estate settlement and investment management. EXPERIENCE Prior to joining Northern, David was a Vice President and Trust Advisor with US Bank, Private Client Reserve in Seattle, WA. Prior to beginning his trust career with US Bank, David was a Financial Advisor with Prudential Securities. EDUCATION B.B.A., Gonzaga University CREDENTIALS Certified Financial Planner, CFP® INTERESTS David grew up in the Pacific Northwest fishing, crabbing, clamming and spending time outdoors. David and his wife Andria recently relocated from Seattle and live in Los Angeles with their two young daughters. COMMUNITY INVOLVEMENT David serves as the Vice Chair of the Foundation Board for the Seattle Lighthouse for The Blind
Burton A. Mitchell
As chair of the Firm's Taxation and Trusts & Estates Groups, Burton Mitchell's practice spans more than 30 years and focuses on taxation, estate planning, probate, trust law and administration, trust disputes, non-profit entities, and tax-effective financial planning within a family. Burton generally represents individuals, closely-held businesses, institutional trustees, partnerships, limited liability companies, entrepreneurs and other professionals. Taxation – Burton understands the business concerns of his clients, and works closely with attorneys throughout JMBM to ensure that business and tax counseling is comprehensive and seamless. Addressing taxation issues as part of a greater business plan helps Burton's clients maintain the tax efficiency of organizational and transactional decisions. Estate Planning – Burton's estate planning practice focuses on the use of revocable living trusts as a primary tool to support the transfer of assets to designated beneficiaries in an orderly and efficient manner. He provides his clients with tax-efficient plans that help them accomplish their goals while minimizing or eliminating future conflicts and disputes. Probate, Trust Law and Administration – Burton represents trustees, estate executors and administrators in probate proceedings and trust and estate administration across a wide range of matters and issues. His expertise includes allocation of assets among trusts, preparation and review of Federal estate tax returns, distributions and accountings to beneficiaries, resolution of IRS disputes, the Principal and Income Act, modification of irrevocable trusts, interpretation of trust provisions, environmental issues, community and separate property, trustee removal and settlements of claims against trustees, and trustee compensation, advice and representation. Trust Disputes – Burton offers extensive expertise and experience in trust litigation and dispute resolution. Disputes often arise in the administration of an estate or trust, generally between beneficiaries and the administrator. Most disputes are resolved without litigation through negotiated settlements; however, when necessary, Burton can call on JMBM's formidable litigation capacity.
No Agenda or Materials posted.