Agenda - Massachusetts Forum Annual Symposium
This agenda is subject to change.
| Thursday, September 22, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 8:15 AM - 9:00 AM | Registration, Coffee, and Sponsors Please arrive at 8:15 am to enjoy coffee, get checked in, and spend some time with the Sponsors who help make this event possible. Norfolk Pre-Convene and Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 9:00 AM - 9:15 AM | Welcome and Comments Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 9:15 AM - 10:45 AM | Irrevocable Medicaid Trusts – Important Drafting Provisions, Tax Implications, and new IRA Beneficiary Designation Developments Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 10:45 AM - 11:15 AM | Visit Sponsors & Break Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11:15 AM - 12:15 PM | Asset Protection Planning with Third Party Irrevocable Trusts Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:15 PM - 1:15 PM | Lunch and Discussion During lunch, we will have a roundtable discussion. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1:15 PM - 2:45 PM | Understanding the Beneficiary Deemed Owned Trust How to create irrevocable trusts that treat the beneficiary as grantor for income tax purpose, the so-called BDOT provisions (Beneficiary Deemed Owned Trust). Modern estate planning should include a focus on income tax planning. Ed Morrow will discuss how to draft an irrevocable trust (such as Bypass Trusts, QTIP Trusts, Continuing Inheritance Trusts, etc.) so that the income will be taxed to the beneficiary at a lower income tax rate than the trust tax rates, potentially saving thousands of dollars of income tax each year.. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2:45 PM - 3:15 PM | Visit Sponsors & Break Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3:15 PM - 4:30 PM | OBIT Provisions How to incorporate language into irrevocable trusts to achieve optimal tax results at a trust beneficiary’s death, including formula clauses that maximize stepped up basis while minimizing estate taxes, the so-called OBIT provisions. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Friday, September 23, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 8:15 AM - 8:45 AM | Coffee and Sponsors Please arrive at 8:15 am to enjoy breakfast, get checked in, and spend some time with the Sponsors who make this event possible. Norfolk Pre-Convene and Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 8:45 AM - 9:00 AM | MassForum Business and Vote of Slate of Officers for 2022-2023 Season Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 9:00 AM - 10:30 AM | Client Journey The estate planning process - philosophies about the number of estate planning meeting, different approaches to the initial consultation, funding, etc. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 10:30 AM - 11:00 AM | Visit Sponsors & Break Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11:00 AM - 12:00 PM | Client Journey (continued) The estate planning process - philosophies about the number of estate planning meeting, different approaches to the initial consultation, funding, etc. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:00 PM - 1:00 PM | Lunch and Discussion During lunch, we will have an open discussion and roundtable. Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1:00 PM - 2:30 PM | Financial Advisors' Perspective on a Good Referral Relationship with Estate Planning Attorneys A panel of financial professionals discussing what they look for in a successful referral relationship with estate planning attorneys, and what doesn’t work. Moderated by Allen Margulis. Chad Gutner, CFP®, AIF® - Longtide Financial Partners Blake Barbosa, CFP®, RICP®, WMCP® - Guided Wealth, LLC Yan Katz - Hub Wealth Strategies Jiles Robinson - Raymond James Karen Van Voorhis - Daniel J. Galli & Associates Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2:30 PM - 2:45 PM | Visit Sponsors & Break Barnstable, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2:45 PM - 4:15 PM | In-depth Discussion on Maintenance Plans Learn from practitioners that have successful client maintenance plans on how their plans work as well as trips and traps for the unwary. Timothy Borchers - Borchers Cusano Trust Law, P.C. Cathleen Summers - Generations Law Group, P.C. Thomas Ahrens - Legal Directives, LLC Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4:15 PM - 4:30 PM | Closing Remarks Norfolk, 2nd Floor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cancellation policy: Registrants who cancel ten (10) or more business days in advance of the meeting are eligible for a full refund. Refunds are not available for cancellations less than ten (10) business days in advance of the meeting. This policy is in place due to banquet event order guarantees being expected by venues 10 days in advance of an event.