2019 Professional Advisor Lunch and Learn Webinars
Unable to join us for an in-house seminar? Join us online for our monthly webinar series for Attorneys, CFPs, CPAs & Financial Advisors. Credit is available for CPAs. If you are unable to participate, recordings of the presentations will be made available in the Past Webinars section below. Contact our office & we’ll be happy to send you any materials you may need to follow along in the presentation.
All webinars on are on EST.
Tuesday, October 29 at Noon – Crisis Planning for Medicaid & Estate Planning
Media ads about Medicaid planning have drastically increased in recent years. But clients are still confused about effective trust planning to protect their homes & assets. Planners don’t always consider Medicaid’s five year look-back period or the income tax consequences of gifting assets. Protecting assets is more difficult as courts clog with Medicaid cases. We’ll review crucial Medicaid concepts & how to counsel clients to maximize family control of assets while minimizing income tax consequences during life & after death. 2 CE credit hours available for CFPs.
Wednesday, November 20 at Noon – Planning for MA Estate Taxes: The MA Standby Gifting Trust
With the Massachusetts state estate tax affecting estates over $1M, any estates below the federal estate tax exemption amount could still incur a state estate tax bill of over $900,000. Sometimes, saving on the state estate tax may not be in a family’s best interest, especially if it results in a higher income tax liability when beneficiaries sell assets after a death. We’ll cover techniques to lower overall estate & income tax liability for beneficiaries after a loved one dies, shifting the focus from estate tax savings to a family’s overall tax liability.
Wednesday, December 11 at Noon – Using IRA Trusts for Creditor Protection
Inherited IRA laws are still evolving, but many ways remain to maximize income tax deferral for heirs. The court determined in Clark v. Rameker that inherited IRAs are not protected from creditor claims in bankruptcy actions, making large IRAs left to individuals less attractive. We’ll review required minimum distribution rules for IRAs, Roth IRAs & 401(k)s & how trusts can best provide beneficiaries creditor protection. Also, find out which financial institutions are friendly or unfriendly & their specific idiosyncrasies with inherited IRAs.
Wednesday, January 8, 2020 at Noon – The 2019-2020 Estate Tax Law Update
On December 29, 2017, President Donald Trump signed a comprehensive estate and gift tax law change. Although the Federal Gift and Estate Exemption increased to $11.18M ($11.4M for 2019) indexed to inflation, the law will “revert” on February 1, 2026 back to the 2018 levels (estimated to be $7M in 2026). This law change has created a temporary opportunity to save Massachusetts Estate Taxes, but is a trap for the unwary if planning is not done before January 1, 2026. We will review the new Federal Estate and Gift Tax Law, describe the Mass Estate Tax planning opportunities to potentially save hundreds of thousands of dollars, and provide the steps needed to be taken before January 1, 2026 to minimize any potential Federal Estate Tax Liability.
How to Sign Up
Register by clicking the “Register Now” link below the webinar you wish to register for or by emailing us at [email protected].
September 2019 – Retaining Assets: The Impact of a Family Meeting
Studies show families often divide or move assets in a detrimental manner after a death & without consulting the deceased’s trusted financial advisor. Estate planning documents can help, but they’re no substitute for the chance to build a relationship with the family during a client’s life. We’ll demonstrate the power of a family meeting & provide agendas, scripts & procedures for establishing a relationship with a client’s family. We’ll help you increase the likelihood assets under management will stay with you as you become the trusted advisor for the entire family.
June 2019 – Estate Planning Audit
When planning for a married couple, there are numerous factors to consider. Consider those with children from a previous marriage or ensuring proper planning to take advantage of the unlimited marital deduction at the death of the first spouse. We’ll take a look at some of the crucial estate planning concepts to consider when planning for a couple, especially with complicated family situations.
May 2019 – Elder Law & Medicaid: Protecting the Home or Other Assets
Lately, clients looking for effective trust planning are confused by increased media advertising on the importance of protecting homes & other assets from nursing home costs. Most planning doesn’t consider the five year look-back period or the income tax consequences of gifting assets, while recent court decisions make asset protection more difficult & older trusts ineffective. For professionals to properly advise clients, they’ll need cutting-edge asset protection techniques & ways to maximize family control of assets & minimize income tax consequences during life & after death.
April 2019 – The Death of Funding: Simplification, Alignment, Verification & Tracking of Assets Using the SAVeT SystemTM
At Family Estate Planning Law Group, we know the most important thing is that our clients’ families are cared for after they pass. To accomplish this, we must focus on how assets are titled at death. We’ll discuss how to ensure your estate plan works: simplification and consolidation of accounts, the initial alignment of assets with the estate plan, verification of that alignment from institutions & ongoing tracking of changes in value & ownership of assets. During this seminar we will introduce our new SAVeT SystemTM, guaranteed to streamline your estate plan and reduce the stress for your loved ones.
March 2019 – Planning for Special Needs Beneficiaries
In order to protect a special needs beneficiary from becoming ineligible for benefits, we as an estate & financial planning community must understand under what circumstances a special needs child may receive assets. We’ll address the unique issues faced by special needs beneficiaries, special needs trust options, planning techniques for family members & the transition from special needs minor to special needs adult.
December 2018 – Preserving a Business for the Next Generation
Most business owners are busy people. They don’t have time for complex estate planning, right? With the odds often stacked against family businesses, if they don’t make the time, the likelihood that the business will fall apart after their death increases significantly. Come join us to learn how business owners can prepare to pass their business to the next generation & avoid undue family conflict.