Tuesday, October 13, 2020
Tax Intensive

Live Webinar Sessions

Please note that all live session times are in the Eastern Time Zone.

12:50 p.m.-1:00 p.m.

Welcome from Sponsor

1:00 p.m.-1:10 p.m.

Welcome and Announcements
Professor Roberta Flowers, Conference Chair and Director, Center for Excellence in Elder Law

1:10 p.m.-2:00 p.m.

Trust Termination Issues
Bradley J. Frigon
This session will address the complex tax rules that apply when a trust terminates. Tax trust termination rules impact the remainder beneficiaries and the trustee. The main focus of the session will address what a trustee must know about trust termination tax issues associated with a first party special needs trust.

2:00 p.m.-2:15 p.m.

Sponsor Break

2:15 p.m.-3:05 p.m.

Taxation of Grantor & Qualified Disability Trusts
Crystal West Edwards
Grantor Trusts and Qualified Disability Trusts can be a powerful planning tool for clients. In this session, Crystal West Edwards will explain the fundamentals of these two trusts, using relevant and timely case examples.

3:05 p.m.-3:20 p.m.

Sponsor Break

3:20 p.m.-4:10 p.m.

Tax Update: 2020
Shannon Laymon-Pecoraro
An overview of updates to tax policy affecting estates and trusts since October 2019.

4:10 p.m.-5:00 p.m.

Q&A Session
Live Q&A Zoom room with the speakers from the Tax Intensive sessions.

Pre-Recorded Sessions

Pre-Recorded sessions will be available from Monday, October 5, 2020 to Friday, October 16, 2020 for attendees to view at their convenience.


Audit Process: Rules, Red Flags, How the IRS Requests Information (Advanced)
Rachel Partain
The last thing any attorney wants to see is a letter from the IRS asking for information for an audit. Rachel Partain will explain the rules, identify red flags, tell you how the IRS requests information, and give you advice if it happens to you!

Grantor Trust Rules and How to Engage Accountants and Reliance on Their Work (Basic)
Presentation Materials Prepared by Debra L. Boje. Lecture Performed by Jeffrey M. Gad.
Attorneys in many instances need to hire CPAs for various tasks involving a grantor trust. There’s a lot at stake in relying on them. In this basic session, Jeff Gad will explain when you need to hire one, how to find the right CPA for your client, and how to feel secure in relying on their work.

Tax Ethics (Basic)
Rachel Partain
Ethics are a daily part of the practice for lawyers, and that is true in tax cases. You may think it is as simple as telling a client not to lie, cheat or steal. But is it really just that simple? Attend this basic session and find out!

Fiduciary Income Tax & SNTs (Basic)
Donna Jackson
The objective of this session to introduce special needs trusts attorneys to the requirements of income tax filings for special needs trusts- self settled and third party trusts.

Administration of Estates of Executives and Business Owners (Advanced)
James McCarten
When your client is in business or a business owner, the client will have different tax questions than a client who is not. And when that client dies, the tax issues in administering that client’s estate can be more complex. This advanced session will cover the tax rules for these situations, and review how to administer the estates of these clients.

The Intersection of Income Tax and Public Benefits (Basic)
Dennis Sandoval
Is there an intersection between income tax issues for individuals who receive public benefits? Come to this session and find out!