Date: July 13 - 14, 2023
Time: 9 a.m. – 4:50 p.m. PT
As a financial advisor, your clients rely on you to provide perspective and clarity as legislation and regulation evolve. Don't miss this annual conference dedicated to keeping CPAs, attorneys and financial planners on top of recent developments in estate and trust planning. You'll gain an in-depth understanding of best practices, effective strategies and connections with expert professionals specializing in this area.
Can't make it to San Diego? Attend virtual live stream.
CPAs, attorneys and financial professionals involved in estate and gift tax planning and compliance; other estate planning professionals; practitioners with high net-worth clients and clients with interests in closely held businesses.
Basic to advanced understanding of estates and trusts.
Identify ways to maximize the worth of clients' estates
Determine specific non-tax reasons for estate planning and learn what's new
Recognize ways to take advantage of changes in estate planning to build a practice
The latest updates and important topics that impact estate and trust planning will be explored. We will delve into different key areas of interest including Secure Act 2.0; proposed regs on 706 deductions; unsettled litigation after death; and Corporate Transparency Act. You will gain practical insights, strategies, and best practices to better serve your clients and navigate the evolving landscape of estate and gift tax planning and compliance.
This Program will recognize the increasing interest rates in the economy over the past few years and address the effect that these changes have on income, gift and estate planning.
Among the Issues to be Discussed:
• The moving IRC 7520 Rate
• Charitable planning – Remainder Trust vs. Lead Trust
• Are GRATs and IDGTs still good techniques?
• Welcome Back QPRTs
• How to address intra-family loans
By attending this session, you will gain valuable insights into portability and its impact on estate and gift tax planning. You will leave with a deeper understanding of how to navigate the complexities of filing Form 706, make informed decisions about taking advantage of the 5-year extension period, compare different filing options, and utilize shortcuts to enhance efficiency.
This session will discuss some of the practical issues practitioners encounter when dealing with the income taxation of estates and trusts including an overview of the calculation of distributable net income (DNI), how capital gains may be included in DNI, handling passive activity losses, allocating DNI on the death of a beneficiary, allocating expenses, handling retirement plan distributions and claiming an income tax charitable deduction.
We will explore the critical aspects of trust administration, with a particular focus on tax issues and funding decisions. Attendees will deepen your knowledge of trust administration, particularly in relation to tax issues and funding decisions. You will leave with a thorough understanding of marital deduction formulas, effective funding techniques for sub-trusts, insights into related tax and accounting issues, and guidance on filing a 706 for estates within a specific asset range.
In this insightful session, we will explore the intricacies of drafting trust documents and the importance of avoiding potential pitfalls. Attendees will leave equipped with a better understanding of how to effectively read and interpret trust documents, strategies to prevent ambiguities, and insights into common drafting traps.
In this session, we will explore the unique challenges and considerations that arise when dealing with cross-border estate planning. Attendees will gain a better understanding of the effects of domicile, navigate the differences in laws across countries, and access a curated list of resources to aid you in your international estate planning endeavors.
Multiple Sessions to Select from
This session is designed to address the state income taxation of trusts in California, making it highly relevant for estate planning professionals as well as practitioners working with high-net-worth clients and closely held business owners in California. By attending this session, attendees will leave with a comprehensive understanding of California fiduciary income tax, residence, domicile, throwback, sourcing, and situs.
We will explore sophisticated planning strategies to address the unique needs of this exclusive clientele. Attendees will leave equipped with the knowledge and tools to implement top planning strategies, leverage family bank structures and private trust companies, navigate charitable planning, optimize non-California situs, and engage in advanced income tax planning.
What is trust accounting income (TAI), taxable income (TI) and distributable net income (DNI) and how are they related? This session will define each of these terms and explain how they differ from each other but, at the same time, are all involved in the income taxation of estates and trusts. The session will include an example showing the calculation of each and how they affect the preparation of a Form 1041.
This session will provide attendees with valuable knowledge and practical guidance on IRS audits, including the latest hot button issues, timing considerations, and effective dispute resolution strategies. Join us to expand your expertise, engage with industry professionals, and enhance your ability to navigate the complexities of IRS audits in estate and gift tax planning and compliance.
Join us to deepen your understanding of the basics of GST, explore the intricacies of filing Form 709, and engage with industry professionals. Whether you are a CPA, attorney, or financial professional, this session will provide valuable insights into GST planning and compliance.
This session will examine major changes to California’s property tax structure and a seismic change to the City of Los Angeles’ documentary transfer tax. Both changes can have major impacts for taxpayers in California.
This Program will address the challenges of preparing for developments in the federal tax law in the next three years. The political uncertainty arising from the outcome of the 2024 election and the coming sunset of the 2017 TCJA after 2025 creates a difficult environment for planners and clients. What advice should we be providing?
Among the Issues to be Discussed:
• What is available to be done right now.
• The Biden Budget and Greenbook Proposals – Will they pass?
• If the Sunset of the 2017 Act occurs – what will change?
• What makes sense to tell clients to do in the months ahead.
$329 + tax and $10 daily resort amenities fee.
Overnight self-parking: $10
(855) 463-3361 Reference "CalCPA Estate & Trust Planning Conference" room block (or use the link above)
Room Block closes Monday, June 12, 2023