58th Annual Program: Short Course on Estate Planning
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Plano, Texas, USA
Registrar: +1.972.244.3404
Fax: +1.972.244.3401
E-Mail: ccle@cailaw.org
Overview
This annual program is designed for the new lawyer, CPA, financial planner and trust officer whose primary career focus requires a thorough knowledge of complex estate and tax planning. It is also a great program for experienced lawyers wanting a refresher on planning for taxable estates.
Be prepared for three intense days of lectures—this is a deep dive, not a forms course!
We are back in-person!
As Professor Johanson has said: “What makes this program so unique and useful is that it takes a one-of-a-kind comprehensive look at the "basics" of estate planning. I have always believed - and I continue to believe - that it is a "must attend" program for the new lawyer, CPA, financial planner, and trust officer whose primary career focus requires a thorough knowledge of estate planning.”
Co-Chairs
Michael V. Bourland
Bourland, Wall & Wenzel, P.C.
Fort Worth, Texas
Darin N. Digby
Schoenbaum, Curphy & Scanlan, P.C.
San Antonio, Texas
Faculty
Stephen R. Akers
Bessemer Trust Company
Dr. Gerry W. Beyer
Texas Tech University School of Law
Kristin L. Brown
Davis Stephenson PLLC
Mickey R. Davis
Davis & Willms, PLLC
Assistant Professor Eric Reis
UNT Dallas College of Law
John K. Round
Steptoe & Johnson PLLC
Megan C. Sanders
Bourland, Wall & Wenzel, P.C.
Melissa J. Willms
Davis & Willms, PLLC
Tuition
Registration includes the conference, electronic course materials, continental breakfasts, lunches, and a reception.
Multiple Registrants from the same organization: Please contact Lisa for special pricing for tuition levels $750 and higher - lgaspar@cailaw.org or 972.244.3404.
Early registration pricing is available through January 9, 2023.
- $1000 - Regular Registration Fee (Regular Price: $1100)
- $750 – Full-time U.S. Government Employee (Regular Price: $850)
- $750 – Full-time U.S. Non-Profit Employee (Regular Price: $850)
- $750 – Full-time U.S. Academic Employee (Regular Price: $850)
- $500 – U.S. Attorneys, CFPs, CPAs, Paralegals, Trust Officers, and Others Licensed/Employed 3 Years or Less in This Practice Area (Regular Price: $600)
Schedule and Faculty
Wednesday, January 25
8:30 - REGISTRATION AND CONTINENTAL BREAKFAST
9:00 - BASIC PRINCIPLES AND STRATEGIES IN ESTATE PLANNING
Basic testamentary tax planning, including bypass trust planning for married couples and generation-skipping planning. Balancing between securing estate tax benefits and obtaining a step-up in basis for appreciated assets. Use of ascertainable standards and powers of appointment to implement client wishes in a tax-efficient way.
- Professor Eric Reis, UNT Dallas College of Law, Dallas, Texas
10:00 - BREAK
10:30 - MARITAL DEDUCTION PLANNING & PORTABILITY
Basic Strategies and current problem areas in estate planning for spouses, QTIP trusts and the QTIP election, drafting problems and their solutions. Analysis of types of marital deduction formula clauses (true worth, minimum worth, fairly representative) and advantages and disadvantages of each, discussion of fractional share clauses and comparison with pecuniary formulas. How portability has impacted marital deduction planning and its problems and benefits.
- Kristin L. Brown, Davis Stephenson PLLC, Dallas, Texas
11:45 - LUNCH PROVIDED
12:45 - IRREVOCABLE TRUSTS WITH EMPHASIS ON LIFE INSURANCE PLANNING
Review of income, gift, and estate taxation of life insurance, use of irrevocable life insurance trusts to provide estate liquidity and to solve other common (and not so common) problems, “Crummey” clauses and the advantages and disadvantages of each, problems with poorly administered “Crummey” trusts and solutions to those trusts.
- John K. Round, Steptoe & Johnson PLLC, Plano, Texas
1:45 - BREAK
2:00 - TRANSFER PLANNING
Lifetime estate planning transfers, especially transfers of property over which the donor wishes to maintain some control, including points to consider in designing donor-trusteed irrevocable trusts; practical planning ideas for removing appreciation from the estate by using GRATs and Intentionally Defective Grantor Trusts.
- Darin N. Digby, Schoenbaum, Curphy & Scanlan, P.C., San Antonio, Texas
3:00 - BREAK
3:15 - ANTICIPATING WILL CONTESTS AND HOW TO AVOID THEM
This presentation focuses on when will contests are likely to occur and 18 steps an estate planner may wish to consider to reduce the likelihood of a contest or enhance the chance of winning one should it occur.
- Dr. Gerry W. Beyer, Governor Preston E. Smith Regents Professor of Law, Texas Tech University School of Law, Lubbock, Texas (Presenting Virtually)
4:15 - RECESS
4:15 - WIND-DOWN AND CONNECT RECEPTION
Thursday, January 26
8:30 - ESTATE PLANNING ETHICS
Ethical issues and conflict of interest concerns in estate planning for multiple members of the same family, as well as for the family’s business interests; conflict of interest and confidentiality problems in planning for spouses, siblings, and other family members; client conflict letters and other documentation; malpractice concerns; quality control procedures; privity issues.
- Michael V. Bourland, Bourland, Wall & Wenzel, P.C., Fort Worth, Texas
- Darin N. Digby, Schoenbaum, Curphy & Scanlan, P.C., San Antonio, Texas
9:30 - BREAK
9:45 - INCOME TAXATION OF TRUSTS AND ESTATES
Explore how income tax rules for individuals differ from those applicable to trusts and estates and how those rules can affect an estate plan, including strategies to implement. Learn the obligations of fiduciaries that arise as a result of someone’s death and how death creates unique income tax issues such as basis adjustment. Explore complex issues that estate planners need to know to help fiduciaries avoid income tax traps they may encounter when administering trusts and estates. Discover how language in governing documents and steps taken during administration can minimize unexpected income tax liabilities and secure special income tax planning benefits for decedents, trusts, and estates.
- Mickey R. Davis, Davis & Willms, PLLC, Houston, Texas
- Melissa J. Willms, Davis & Willms, PLLC, Houston, Texas
10:45 - BREAK
11:00 - INCOME TAXATION OF TRUSTS AND ESTATES – CONTINUED
12:00 - LUNCH PROVIDED
1:00 - PRIMER ON CHARITABLE PLANNING
America is the most charitable nation in the world. To aid the American philanthropic spirit, the Federal government provides certain tax incentives for donors. This presentation provides basic income, estate, gift and generation skipping transfer tax knowledge to equip practitioners to guide their clients in advantageously integrating charitable gift planning with estate planning.
- Megan C. Sanders, Bourland, Wall & Wenzel, P.C., Fort Worth, Texas
1:45 - BREAK
2:00 - PLANNING FOR THE FAMILY BUSINESS, INCLUDING FAMILY LIMITED PARTNERSHIPS (FLPS); WORKING WITH A CLIENT CLOSING A BUSINESS ENTITY
Estate and succession planning for a family business and its owners; ascertaining family attitudes toward wealth and the family business; development of planning objectives; determining whether a business should be sold or kept in the family; tax and non-tax advantages of family limited partnerships; checklist of planning alternatives; preparing the family business for sale.
- Mr. Bourland
2:45 - BREAK
3:00 - INTESTATE SUCCESSION: WHAT EVERY TEXAS ESTATE PLANNER NEEDS TO KNOW
The ability to specify the new owners of property upon death is an important and powerful privilege that each state grants to its citizens. However, only about 25% of individuals take advantage of this privilege and thus you will often be dealing with the estates of intestate decedents. This presentation discusses why this is the case, what happens to property under Texas intestacy statutes, the determination of potential heirs, and an assortment of other issues that arise in intestate situations.
- Dr. Beyer (Presenting Virtually)
4:00 - RECESS
Friday, January 27
8:30 - HOT TOPICS IN ESTATE PLANNING
A discussion of estate planning current developments that are of practical importance to estate planning practices.
- Stephen R. Akers, Bessemer Trust Company, Dallas, Texas
10:30 - BREAK
10:45 - GIFTING TECHNIQUES, THE GENERATION-SKIPPING TRANSFER TAX & POST-MORTEM PLANNING
What you need to know about the GST tax; how to make efficient use of GST exemption allocations; application and implementation of the various GST severance rules and late allocation rules; and an overview of some gifting techniques that incorporate basic GST tax planning considerations and strategies. We’ll conclude with an overview of tax planning issues to consider in administering estates, including disclaimers and selected income tax and estate tax issues.
- Mr. Digby
12:30 - LUNCH PROVIDED
1:30 - FIDUCIARY SELECTION
Your clients must exercise great care in selecting executors, trustees, agents, and other fiduciaries. These decisions may affect the client and the client’s family members for many years to come. As one commentator insightfully declared, “No decision is more critical than the selection of executors and trustees.” Decisions regarding the appropriate persons to select are, naturally, for your clients to make. However, you have a duty to explain to your clients the factors they should consider before making designations in their wills, trusts, powers of attorney, and other documents. This presentation discusses the characteristics a fiduciary should have as well as other issues such as whether co-fiduciaries are desirable and whether an individual or corporate fiduciary is preferred.
- Dr. Beyer (Presenting Virtually)
2:30 - BREAK
3:00 - ESTATE PLANNING FOR CYBER PROPERTY: ELECTRONIC COMMUNICATIONS, NON-FUNGIBLE TOKENS, CRYPTOCURRENCY, AND THE METAVERSE
An overview of the characteristics of these “modern” assets and how to account for them when planning a client’s estate.
- Dr. Beyer (Presenting Virtually)
4:00 - ADJOURN
CLE Credit
This program is approved by the State Bar of Texas for a total of 16.5 hours, including 1.0 hour of ethics. Course ID Number: 174184156. Credit hours for other states will vary and are subject to each state’s approval and credit rounding rules.
For this conference, CAIL will directly apply (if requested) for course accreditation in the following states: California, New Mexico, Ohio, Oklahoma, Pennsylvania, Texas, West Virginia and Virginia. Some of these states may not approve a program for credit hours before the program occurs. Attorneys may be eligible to receive CLE credit through reciprocity or attorney self-submission in other states. Attorneys filing by self-submission in certain states may be required to pay an additional fee. CAIL conferences are typically accredited by all mandatory CLE states.
Specialization Credit: We are approvedl by the Texas Board of Legal Specialization for 16.5 hours in the following areas: Estate Planning and Probate Law and Tax Law.
CPA Credit
CPA’s will receive 19.8 hours of CPE credit, no ethics. A sign-in sheet will be available at the conference. Certificates will be e-mailed.
Sponsorship Opportunites
Lanyard Sponsor (exclusive) - $2,500
- Firm/Company name on the badge lanyard
- Company/firm logo prominently displayed in the program materials, and on screen between sessions
- Recognition on the Conference website, with link back to company/firm website
- Recognition in two social media posts prior to the conference
- 1 complimentary registrant at the Conference
- Recognition from the podium each day of the conference
- 1 exhibition table for promotional materials
Afternoon Snacks Sponsor (exclusive) - $2,000
- Signage displayed during PM Breaks
- Company/firm logo displayed in the program materials, and on screen between sessions
- Recognition on the Conference website, with link back to company/firm website
- Recognition in one social media post prior to the conference
- 1 complimentary registrant at the Conference
- Recognition from the podium each day of the conference
- 1 exhibition table for promotional materials
Wind-Down & Reconnect Reception Sponsor - $1,500 each
- Signage displayed during Reception
- Company/firm logo displayed in the program materials
- Recognition on the Conference website, with link back to company/firm website
- 1 complimentary registrant at the Conference
- Recognition in one social media post prior to the conference
- An opportunity to display company/firm materials at the conference
Luncheon Sponsor (up to three) - $1,500 each
- Signage displayed during Luncheon
- Company/firm logo displayed in the program materials
- Recognition on the Conference website, with link back to company/firm website
- 1 complimentary registrant at the Conference
- Recognition in one social media post prior to the conference
- An opportunity to display company/firm materials at the conference
Exhibitor (Non-law Firms only) - $500 each
- Space to display company/firm materials at the conference
- Company Name/logo on Conference website with link to company page
Other Information
Photo/Audio/Video Release
Registration for or attendance at this event acknowledges consent to be recorded or photographed. We reserve the right to use any photograph/video taken at our events, without the expressed written permission of those included within the photograph/video. We may use the photograph/video in publications or other media material produced, used or contracted including but not limited to: brochures, invitations, books, newspapers, magazines, television, websites, annual reports, newsletters, etc. To ensure the privacy of individuals, images will not be identified using full names or personal identifying information without written approval from the photographed subject.
Nondiscriminatory Policy
The Center for American and International Law does not discriminate on the basis of race, color, sex, religion, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other protected status in educational activities, scholarship programs or admissions.
Privacy Policy
We do not sell or rent information to any outside parties. By providing your information, you will receive postal and electronic communications from The Center for American and International Law (CAIL) in accordance with CAIL's Privacy Policy. If we co-sponsor a program with another organization, information may be shared between the parties. All such co-sponsors will be identified on the event details and registration page. At any point, you can opt-out or unsubscribe by selecting either link at the bottom of each email or call us at 972.244.3400.
