March 15-16, 2018
University of San Francisco – McLaren Building
2345 Golden Gate Ave
San Francisco, CA 94118
Schedule | Essential Info
Printable Brochure | Mail/Fax Registration Form
The taxation of partnerships (and limited liability companies) can be downright confounding, confusing, complicated, and cryptic for estate planners. This presentation will provide the basics of partnership income taxation (from formation to termination) that all estate planners should know, including traps for the unwary and interesting planning opportunities.
Speaker: Paul Lee
8:30 am – 10:00 am
10:00 am – 10:15 am
Grantor Retained Annuity Trusts, also known as GRATs, can be a very powerful wealth transfer tool - especially for those who maximize their upside potential. Similarly the use of an IDGIT can rival the GRAT. But with so many choices, including designs, it can be difficult to know where to start and which technique to choose. This presentation will explore a variety of options that can impact the success of the ultimate choice.
Speaker: Andrea Ross
10:15 am – 11:15 am
The speaker will provide a litigator’s perspective to conflicts that estate planners often encounter, including representing clients with mental capacity that may appear impaired, representing clients who want to make a gift to an individual identified in Probate Code section 21380 (thereby invoking the presumption that the gift is the produce of fraud or undue influence), and representing clients in circumstances where it appears a child or another may have undue influence over them, particularly where there are any questions of favoritism. Those issues may in turn impact the estate planner’s duties of diligence, competence, confidentiality, and to avoid conflicts of interest.
Speaker: Ryan J. Szczepanik
11:15 am - 12:15 pm
12:15 pm – 12:30 pm
Ask a variety of panelists your questions. The panelists—to the extent time is permitting will also discuss vignets such as: establishing or relocating trusts outside CA, revising testamentary plans to reduce the formula GST allocation for a MHNW client, and/or eliminating BPTs, swapping assets out of IDGTs for step-up, subdividing pot trusts into several separate share trusts for 199A deductions, for UHNW clients just dropping increased exemption amounts into basic (Non CA) grantor dynasty trusts.
12:30 pm – 1:30 pm
This program will address the latest from IRS in DC, including recent legislative and regulatory changes. The panel will also discuss the latest case law and rulings as well as the recent trends in gift and estate tax audits.
Speakers: James Hogan, Robin Klomparens
1:30 pm – 3:00 pm
3:00 pm – 3:15 pm
The speakers will address life insurance in the new landscape and in an uncertain tax environment. Topics will include bank financed premium funding, policy audits and other key issues. Focus will also be made on product and planning considerations for 2018.
Speakers: Wayne Johnson, Lalat Pattanaik
3:15 pm – 4:15 pm
This is a long standing concept that has always piqued the interest of estate planners. For the most part, death is one of the few great unknowns of the human existence – no one truly knows when one will die. When the probability of death is heightened, estate planners have long sought to utilize this insight to maximize the wealth transfer potential for the soonto-be-deceased client and the client’s family. Based on the premise that a client’s death is imminent, this presentation will combine two distinct concepts - deathbed transfers and selfsettled spendthrift trusts - to present a technique that, while only applicable under limited circumstances, could reap big rewards as to cost basis, grantor trust status and creditor protection.
Speaker: George D. Karibjanian
4:15 pm – 5:00 pm
5:00 pm – 6:00 pm
7:30 am – 8:30 am
10:00 am – 10:15 am
The panel will discuss the income and transfer taxation of foreign trusts. They will also cover current audits by the IRS and the interplay with California taxation of trusts. Learn about the IRS audit activity in the area of foreign trusts, including assessing penalties for failing to properly report them (even if only information returns without substantive tax issues) so you and better advise your clients in today’s global economy.
Speakers: Patrick Martin, Government Speaker TBA
In December 2017, we witnessed the most significant tax reform in more than 30 years. In the midst of these sweeping legislative changes, there is an increased need for careful planning, guidance and flexibility. This program will highlight the key aspects of the final bill and will discuss the challenges and opportunities that the new tax rules present.
Speaker: Justin Miller
11:15 am – 12:15 pm
The speaker will provide history on using bypass trusts in estate planning and discuss why clients may want to consider other alternatives. Focus will be made on the methods used to undo the bypass trust before either spouse dies, after the first spouse dies or after a spouse becomes incapacitated.
Speaker: Daniel G. Brown
The tax court, government counsel, a private practitioner, and appraiser will discuss each of their views and perspectives on valuation. The panel will also cover hot litigation topics such as defined value formulas, family entity issues, and what everyone should learn from the most recent valuation case decisions. Any updates on laws affecting valuation will be covered, as well as valuation pointers when appraising all types of assests.
Speakers: Kurt Kawafuchi, Jose Olivera, Assistant U.S. Attorney, Tax Division, Northern District of California
3:15 pm – 3:30 pm
This program will cover recent global tax developments with Mexico and Canada. The speakers will focus on business planning and multi-national family wealth preservation strategies among the United States, Mexico and Canada. Learn the tax rules, relevant considerations and practical advice to provide clients. ‘Marsha Dungog’; Kenneth Keung Pedro E. Corona de la Fuente and Raul Villarreal-Garza
Speakers: Marsha Dungog, Kenneth Keung, Pedro E. Corona de la Fuente and Raul Villarreal-Garza
3:30 pm – 5:00 pm
$305 Current Taxation Section Members
$395 Non-Section Members (Includes enrollment in the Taxation Section for 2018)
**onsite registration for section members $375 and non-section members $495
For your convenience, we've posted a printable program brochure.
In order to pre-register, your form and payment to the California Lawyers Association must be received by Thursday, March 8, 2018.
Click Here to register online now.
Fill out this form and mail to: Program Registrations, California Lawyers Association, 180 Howard Street, Suite 410, San Francisco, CA 94105.
On-site registration will be on a space available basis. Call to confirm space availability.
Cancellations and requests for refunds must be received in writing no later than Thursday, March 8, 2018 and are subject to a $50 service charge. Refunds will not be available after March 8, 2018.
For special assistance please call (415) 795-7187
For registration information please call (415) 795-7025. For information regarding the program please call (415) 795-7187.
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