Tax Intensive

Wednesday, October 13, 2021

8:20 a.m. - 8:30 a.m.

Welcome and Announcements

8:30 a.m. - 9:20 a.m.

Tax Update: 2021   
Shannon Laymon-Pecoraro
A reflection on statutory, regulatory, and case law updates pertaining to the taxation of trusts and estates since the 2020 conference, and an overview of potential changes that we may see over the next year.

9:20 a.m. - 10:10 a.m.

Anatomy of a SECURE Act-Compliant Third-Party SNT/QDT
Robert Fleming 
The SECURE Act, adopted in late 2019, immediately changed the landscape for retirement benefit planning. One important change affects planning especially for beneficiaries with disabilities. How, exactly, do SECURE, IRAs, the Qualified Disability Trust and other tax-driven decisions interrelate?

10:10 a.m. - 10:30 a.m.

Break and Visit with Sponsors and Exhibitors

10:30 a.m. -11:20 a.m.

Grantor Trusts and Qualified Disability Trusts
Crystal West Edwards 
[Session Description coming soon]

11:30 a.m. -12:40 p.m.


12:45 p.m. -1:40 p.m.

Breakout Session 1

  • Income Taxation of Trusts and Estates
    Janet Rae Montgomery
    Income Taxation for Estate Planners: Tips, Tricks, and Traps.
  • Charitable Remainder Trusts
    Donna Jackson and Mark Munson 
    [Session Description coming soon]

1:50 p.m. - 2:40 p.m.

Breakout Session 2

  • A Basic Overview of Estate/Gift Tax and Income Tax Planning for Resident Aliens
    Jim McCarten 
    [Session Description coming soon]

  • Anatomy of Income Tax Returns for Those With Disabilities or Their Families
    Hyman G. Darling 
    This session will “dissect” and discuss the issues and preparation of personal and fiduciary income tax returns. Discussions will include the difference in taxation of income and capital gains as well as DNI, deductions, expenses, and fees.

2:40 p.m. - 3 p.m.

Break and Visit with Sponsors and Exhibitors

3 p.m. - 3:50 p.m.

Breakout Session 3

  • Taxation of PI Awards
    Bradley Frigon 
    A funding source for a First Party SNT often comes from settlement proceeds or a damage award from a lawsuit brought on behalf of the beneficiary. Not all settlement or damage awards are income tax free. This session will examine the income tax rules that apply to worker compensation awards, personal injury lawsuits including derivative claims such as bad faith and malpractice claims.

  • Small Business Interests in the Estate/Trust
    Jim McCarten 
    [Session Description coming soon]

4:10 p.m. - 5 p.m.

Tax Potpourri
Panel of the Tax Intensive Speakers