LA Estate Planning Cte: Implementing Out of State Trusts | G2101117

Date :
November 8, 2017 11:30 AM - 2:00 PM
Location :
West Los Angeles
Facility :
Olympic Collection
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Level of Difficulty :
Update
CPE Credits :
CPE 2.00, MCLE 1.50, CFP 2.00
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Join us as Dan Lorenzen, Esq. and Victor Shlionsky, CPA share their expertise on implementing out of state trusts. This presentation will cover updated legislation, proposed compliance and planning opportunities.

Objectives:

  • Recognize the planning opportunities available for trusts established out-of-state.
  • Gain insight as to compliance with interstate trust reporting and taxation requirements.
  • Identify implications for tax planning and tax preparation.

Major Subjects:

  • Updated legislation
  • Proposed compliance
  • Planning Opportunities

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:
Update
Field of Interest:
Taxes
Prerequisites:
Some knowledge of fiduciary tax returns is preferred.
Designed For:
CPAs interested in estate planning, attorneys and other professional staff.

Instructors

Daniel C Lorenzen
Daniel C. Lorenzen counsels clients on all aspects of their estate planning needs including the preparation of trusts and wills, tax planning, business succession planning and family wealth transfers. Many of his clients have owned businesses in the agricultural, oil and gas, biotech, entertainment and fashion industries. Mr. Lorenzen has advised on the implementation of strategies including irrevocable life insurance trusts, generation skipping trusts and sales to defective grantor trusts. Mr. Lorenzen has also represented trustees, executors and beneficiaries in the administration of trusts and estates, including the litigation and settlement of disputes between trustees and beneficiaries. Mr. Lorenzen has prepared federal estate and gift tax returns, and has represented fiduciaries before the Internal Revenue Service in the audit and appeals process involving valuation and other tax issues. JAPAN-BASED CLIENTS Mr. Lorenzen is fluent in Japanese and has advised Japan-based businesses on aspects of their U.S. operations, including distributorships, real estate and tax issues. SIGNIFICANT MATTERS Obtained a favorable private letter ruling from the Internal Revenue Service relating to generation skipping transfer tax issues. Negotiated with the Los Angeles County tax assessor’s office to successfully reverse a $20 million property tax reassessment. Successfully achieved a no change result on a federal estate tax audit for issues relating to annual exclusion gifts for partnership interests based on Price v. Commissioner. ACTIVITIES Mr. Lorenzen is a former member of the Screen Actors Guild. Mr. Lorenzen has served as Co-Chair of the Planned Giving Council of California State University Channel Islands and is active in the Japan America Society of Southern California.
Victor A Shlionsky, CPA
Victor has practiced public accounting since 2007. He provides tax planning and compliance services for closely held businesses, high net worth individuals, trusts, and estates. His expertise includes estate planning, charitable gifting, cash flow management, and business succession planning. Professional Affiliations Member, American Institute of Certified Public Accountants Member, California Society of Certified Public Accountants Member, North County Estate Planning Council – San Diego Education BA, accounting, finance and management, Loyola Marymount University MS, taxation, California State University, Northridge
No Agenda or Materials posted.