2006 Estate & Business Planning Program Archives

Thursday, May 11, 2006
  • Timothy L. Moll
    Current Federal Developments Affecting Estate Plans and Estate Planning

    A survey of many significant federal developments relating to estate planning and how they pertain to Nebraska practice.
  • Don R. Janssen
    Charitable Trusts

    An overview of planning with split-interest charitable remainder trusts. When they are most appropriate and the basics that planners need to know in recommending and implementing charitable trusts for their clients.
  • Professor Lawrence A. Frolik
    Elder Law: What Is It and Where Is It Going?

    The practice of elder law has only been recognized for the past twenty years. But even in that short time, it has evolved from a primary focus on planning for Medicaid eligibility to a broader practice of providing later life legal assistance. With the aging of America, elder law promises to attract even more clients and practitioners.
  • Professor Edward A. Morse
    Taxing Farmers: Income Averaging, Self-Employment (and Some QPAI)

    Threaten 'em in the pocketbook and you will get their attention. Next convince 'em of what they really meant to say all along. This presentation covers selected issues in two areas with tax planning challenges and opportunities for farmers: income averaging and self-employment taxes. It also provides an overview of the new deduction under section 199 for domestic production activities and its potential effects on farmers and other farm-related businesses.
    Click here to download PowerPoint presentation.
  • Timothy J. Cleary
    Employee Stock Option Plans

    Employee Stock Ownership Plans (ESOPs) are a flexible, tax-advantaged business succession planning tool for family and closely-held businesses. This session will discuss the basics of ESOPs and how an ESOP can be used in conjunction with estate planning techniques to transition family and other closely-held businesses to the next generation.
    Click here to download PowerPoint presentation.
  • Kent E. Endacott
    Dealing with the IRS’ Renewed Emphasis on Non-Profit Conflict-of-Interest Rules

    The IRS has recently undertaken increased enforcement efforts with regard to conflict-of-interest transactions involving private foundations and public charities. This presentation will provide an overview of the conflict rules and suggest proactive approaches clients should be adopting to steer away from trouble.
  • Michele L. Moser
    Death and Taxes: The Only Certainties in Life

    A brief overview of the top ten most common errors in preparing a federal estate tax return. The presentation will also include the “hot button” issues with the Estate and Gift Tax Program.
    Click here to download PowerPoint presentation.
Friday, May 12, 2006
  • Dennis W. Collins
    Current Nebraska Developments Affecting Estate and Business Planning

    A discussion of recent Nebraska Supreme Court decisions, Court of Appeals decisions, and 2005-06 legislation affecting estate planning, probate, trusts, and property.
  • Albert R. Kingan
    Taxation of Insurance and Annuity Products

    This session will discuss various income and estate tax provisions applicable to insurance products. This session will cover the tax code's definition of a life insurance product, the consequences of treatment as a modified endowment contract, the taxation of withdrawals and partial surrenders, 1035 exchanges, the taxation of death proceeds and the transfer for value rule, valuation issues impacting income taxation, estate and gift taxation issues, and finally some life insurance tax traps.
    Click here to download PowerPoint presentation.
    Click here to download Word document.
  • C. William Eastwood
    Evaluating Exit Alternatives for Privately Held Businesses

    The presentation will evaluate business transition alternatives for privately held businesses – family successions, ESOPs, employee sales, and open market sales. The program will concentrate on how to capitalize on the current robust market for selling profitable privately held businesses. The presentation will include strategies to prepare for sale, how to market, and valuations.
    Click here to download PowerPoint presentation.
  • Jeff J. Van Keulen
    Capitalizing on the Retirement Opportunity

    This presentation will address common mistakes made by investors and their advisors when handling IRA rollovers. Special attention will be given to properly handling company stock distributions, important differences between IRAs and qualified plans, beneficiary planning and creditor protection of assets.
    Click here to download PowerPoint presentation.
  • Professor Stefanie S. Pearlman, Professor Matthew S. Novak
    The nuts and bolts of estate planning research

    Are you curious about both print and electronic estate planning resources? Curious as to whether any new resources or old favorites might be more useful to you? Interested in learning tips for using the resources and who to contact if there’s a tool that seems applicable to your practice? This is the program for you. We’ll be describing some print and electronic resources available for use in estate and business planning research, as well as providing tips for using those resources and vendor information.
    Click here to download PowerPoint presentation.

    Attending this program earns Continuing Education credit as follows:

    CPA Continuing Education Credit: Approved for 14 hours credit.

    CFP Credit: Approved for 13.50 hours credit.

    Mandatory Credit for Iowa: Approved for 12.50 hours credit (includes ethics hours).

    Insurance Continuing Education Credit: Approved for 15 hours credit.