HECKERLING INSTITUTE 2001
OPENING REMARKS
As we did in January of the last four years, and again with
the permission of the University of Miami School of Law Center for Continuing
Legal Education, we will be posting to this list throughout the coming weeks
highlights of the proceedings of the 35th Annual Philip E. Heckerling Institute
on Estate Planning that is being held January 8-12, 2001 at the Fontainebleau
Hilton Resort and Towers in Miami Beach, Florida.
Our on-site local reporters there in Miami this year will include:
Steve Leimberg Esq. of Bryn Mawr, PA - leimberg@home.com
Bruce Stone Esq. of Miami, FL - Brucestone@aol.com
Eugene Zuspann Esq. of Denver, CO - ezuspann@zuspann.com
Julia Fisher Esq. of Philadelphia, PA - JuliaFisher@ewgf.com
Alan Rothschild Jr. Esq. of Columbus, GA - AR@hatcherstubbs.com
Joe Hodges Esq. of Denver, CO - jghodges@jghlaw.com
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Again this year a complete listing of the proceedings and speakers is
available on the Institute's Web site. The new URL for that site is
<http://www.law.miami.edu/heckerling>
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OPENING REMARKS - - JANUARY, 2001
=================
Again this year a complete listing of the proceedings and speakers is available on the Institute's Web site. The new URL for that site is http://www.law.miami.edu/heckerling For those of you without access to the Web, here are the core parts of the schedule:
SCOPE:
The "Miami Institute" is widely recognized as the premier estate planning program in the country. It is designed for sophisticated attorneys, trust officers, accountants, insurance and financial planners who, through years of experience and practice, are familiar with the principles of estate planning. The Institute offers something of interest to every member of the estate planning team.
A recent developments panel on Monday afternoon, featuring three of the nation's foremost estate planning experts, will guide you through the year's developments on the tax front. The same distinguished panel will be joined the next morning by a speaker from the Internal Revenue Service for the first of two question and answer sessions.
Tuesday's program features the beginning of our general session lectures. The lectures provide in-depth analysis of topics of timely interest to experienced estate planners, and are presented by some of the nation's leading authorities.
On Wednesday and Thursday afternoons, the Institute offers a wide variety of workshops and panel discussions, including case studies that will illustrate and provide practical guidance on how to implement sophisticated estate planning techniques. In addition, there will be a repeat Special Session entitled "2001: A Tech Odyssey" covering all aspects of conducting an automated trusts and estates law practice in the 21st Century. All Institute registrants are invited to complete the Survey that has been posted on the Web for this Session before arriving in Miami. The URL is http://members.iex.net/~jghodges/miami2001.html.
Finally, this year's Institute once again includes our popular Fundamentals Program. The first two fundamentals sessions will provide a thorough review of two topics central to the estate planning process: planning for qualified retirement plan benefits and IRAs, and the use of GRATs, GRUTs and QPRTs. The final session differs from our traditional offerings by examining the income tax principles applicable to family limited partnerships - a topic of increasing importance to estate planners.
Because of the scope and quality of its educational programming, the Institute has grown to be the largest meeting of estate planning professionals in the country, with a record number of over 2,500 individuals from around the nation in attendance last year. As our regular attendees know, this concentration of talent has led the Institute to have some of the better characteristics of a national convention of estate planners. The weeklong program provides the opportunity to exchange ideas, to network, and to review the latest in technology, products, and services displayed by over 100 vendors in an exhibit hall dedicated entirely to the estate planning industry. We invite those of you who have never attended our program, or who have been absent in recent years, to join us in Miami Beach January 8 - 12, 2001, to take advantage of this unique event.
THE INSTITUTE FACULTY:
Brenda M. Abrams, Esq.
Abrams, Etter & Marks, P.A.
Miami, Florida
Roy M. Adams, Esq.
Kirkland & Ellis
New York, New York
Ronald D. Aucutt, Esq.
McGuire Woods LLP
McLean, Virginia
John Becker, Ph.D.
Los Gatos, California
Dennis I. Belcher, Esq.
McGuire Woods LLP
Richmond, Virginia
D. Keith Bilter, Esq.
Friedman, Olive, McCubbin, Spalding,
Bilter, Roosevelt & Montgomery, P.C.
San Francisco, California
Jonathan G. Blattmachr, Esq.
Milbank, Tweed, Hadley & McCloy LLP
New York, New York
Alan D. Bonapart, Esq.
Bancroft & McAlister LLP
Greenbrae, California
Lawrence Brody, Esq.
Bryan Cave LLP
St. Louis, Missouri
Beverly R. Budin, Esq.
Ballard Spahr Andrews & Ingersoll,
LLP
Philadelphia, Pennsylvania
J. Donald Cairns, Esq.
Spieth, Bell, McCurdy & Newell, L.P.A.
Cleveland, Ohio
Dominic J. Campisi, Esq.
Evans, Latham, Harris and Campisi
San Francisco, California
Natalie B. Choate, Esq.
Bingham Dana LLP
Boston, Massachusetts
Richard B. Covey, Esq.
Carter, Ledyard & Milburn
New York, New York
Mark B. Edwards, Esq.
Poyner & Spruill L.L.P.
Charlotte, North Carolina
Julia B. Fisher, Esq.
Erskine, Wolfson, Gibbon & Fisher,
P.C.
Philadelphia, Pennsylvania
Leslie C. Giordani, Esq.
Giordani, Schurig, Beckett & Tackett,
LLP
Austin, Texas
Joseph G. Gorman, Jr., Esq.
Sheppard, Mullin, Richter & Hampton
LLP
Los Angeles, California
James L. Gulley, Esq.
Internal Revenue Service
Houston, Texas
Carol A. Harrington, Esq.
McDermott, Will & Emery
Chicago, Illinois
Milford B. Hatcher, Jr., Esq.
Jones, Day, Reavis & Pogue
Atlanta, Georgia
Joseph G. Hodges, Jr., Esq.
Attorney at Law
Denver, Colorado
Susan T. House, Esq.
Hahn & Hahn
Pasadena, California
Robert F. Hudson, Jr., Esq.
Baker & McKenzie
Miami, Florida
Frederick R. Keydel, Esq.
Joslyn Keydel & Wallace, LLP
Detroit, Michigan
Charles R. Levun, JD, CPA
Levun, Goodman & Cohen
Northbrook, Illinois
Stephen E. Martin, Esq.
Stephen E. Martin, P.L.L.C.
Idaho Falls, Idaho
Carlyn S. McCaffrey, Esq.
Weil, Gotshal & Manges LLP
New York, New York
Jerry J. McCoy, Esq.
Law Office of Jerry J. McCoy
Washington, D.C.
Judith W. McCue, Esq.
McDermott, Will & Emery
Chicago, Illinois
Kathryn W. Miree, Esq.
Kathryn W. Miree & Associates, Inc.
Birmingham, Alabama
Professor Jeffrey N. Pennell
Emory University School of Law
Atlanta, Georgia
John W. Porter, Esq.
Baker & Botts, L.L.P.
Houston, Texas
Susan Porter, Esq.
United States Trust Company of New York
New York, New York
John R. Price, Esq.
Perkins Coie LLP
Seattle, Washington
James V. Quillinan, Esq.
California Trust & Estate Counselors,
LLP
Mountain View, California
Charles L. Ratner, JD, CLU, ChFC
Ernst & Young LLP
Cleveland, Ohio
Gideon Rothschild, Esq.
Moses & Singer, LLP
New York, New York
Jeff J. Saccacio, CPA, PFS, ChFC, myCFO
Irvine, California
Frances Schafer, Esq.
Internal Revenue Service
Washington, D.C.
Edward S. Schlesinger, Esq.
Law Offices of Edward S. Schlesinger,
P.C.
New York, New York
Pam H. Schneider, Esq.
Drinker, Biddle & Reath LLP
Philadelphia, Pennsylvania
Bruce Stone, Esq.
Holland & Knight
Miami, Florida
John A. Wallace, Esq.
King & Spalding
Atlanta, Georgia
Howard M. Zaritsky, Esq.
Rapidan, Virginia
THE PROGRAM SCHEDULE:
Sunday, January 7
12:00 6:00 p.m.
Registration
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Monday, January 8
8:00 a.m. 2:00 p.m.
Registration
8:00 9:00 a.m.
Complimentary Continental Breakfast
9:00 10:30 a.m. /
10:45 a.m. 12:15 p.m.
OPTIONAL PRE-CONFERENCE FUNDAMENTALS
PROGRAM
The Fundamentals of Estate Planning for Qualified
Retirement Plan Benefits and IRAs: What to
Do in Real Life.
Natalie B. Choate
10:30 10:45 a.m.
Break
2:00 2:10 p.m.
Introductory Remarks
Tina Hestrom Portuondo,
Institute Director
2:10 3:30 p.m.
Recent Developments in Estate, Gift and Income Taxation 2000 - Part One.
Jonathan G. Blattmachr
Carlyn S. McCaffrey
Pam H. Schneider
Materials by Richard B. Covey
3:30 3:45 p.m.
Break
3:45 5:15 p.m
Recent Developments in Estate, Gift and Income Taxation 2000 - Part Two.
6:00 7:00 p.m.
Complimentary Reception for Registrants
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Tuesday, January 9
8:00 9:00 a.m.
Complimentary Continental Breakfast
9:00 10:30 a.m.
Question & Answer
Jonathan G. Blattmachr
Carlyn S. McCaffrey
Frances Schafer
Pam H. Schneider
10:30 10:45 a.m.
Break
10:45 11:30 a.m.
Now That You Have Me Here, What Are We Going to Do? Meritorious and Occasionally Meretricious Planning for an Existing FLP.
Milford B. Hatcher
11:30 a.m. 12:15 p.m.
How to Tie a Tight Knot with Marital Agreements.
Dennis I. Belcher
12:15 2:00 p.m.
Lunch Break
2:00 2:45 p.m.
The Pre-Owned IRA: Its Service Record, the Limited Warranty, and Your Possibilities for Resale.
Mark B. Edwards
2:45 3:30 p.m.
Client Capacity, Estate Planning and Malpractice Traps (Representing the Mentally Impaired Client).
James V. Quillinan
John Becker
3:30 3:45 p.m.
Break
3:45 4:30 p.m.
Planning Issues and Opportunities Impacting Entrepreneurs.
Jeff J. Saccacio
4:30 5:15 p.m.
College Funding: New Kid on the Block (Qualified State Tuition Plan) Challenges Traditional Techniques (Crummey Trusts and Minor Trusts). And the Winner is…Beverly R. Budin
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Wednesday, January 10
8:00 9:00 a.m.
Complimentary Continental Breakfast
9:00 9:45 a.m.
Flexibility or Contortion—Telling the Difference and Using One to Avoid the Other.
Ronald D. Aucutt
9:45 10:30 a.m.
Old but Not Cold: Changing Grandfathered Generation-Skipping Trusts.
Carol A. Harrington
10:30 10:45 a.m.
Break
10:45 11:30 a.m.
How to Greet New Uniform Trust and Estate Acts?: With Rational Exuberance.
Judith W. McCue
11:30 a.m. 12:15 p.m.
Perils of Prosperity: What Goes Up Will Likely Result in Surcharge.
Dominic J. Campisi
12:15 2:00 p.m.
Lunch Break
2:00 3:30 p.m. /
3:45 5:15 p.m.
FUNDAMENTALS PROGRAM
GRATs, GRUTs and QPRTs (and Competing
Techniques for Large Intrafamily Transfers).
(Runs concurrently with the Special Sessions.)
Howard M. Zaritsky
2:00 3:30 p.m.
Special Sessions I
I-A CASE STUDY The Conduct of Gift and Estate Tax Audits Involving Family Limited Partnerships.
John W. Porter
John A. Wallace
James L. Gulley
I-B Drafting to Avoid the Shoals and Survive the Storms on the Long Cruise of a Twenty-First Century Estate Plan.
Ronald D. Aucutt
Frederick R. Keydel
Bruce Stone
I-C Representing the Mentally Impaired Client.
James V. Quillinan
John Becker
I-D Fiduciary Investment Liability.
Dominic Campisi
I-E Saving for College.
Beverly R. Budin
3:30 3:45 p.m.
Break
3:45 5:15 p.m.
Special Sessions II
II-A CASE STUDY Planning Issues and Opportunities Impacting Entrepreneurs.
Jeff J. Saccacio
II-B 2001: A Tech Odyssey.
Joseph G. Hodges, Jr.
Julia B. Fisher
You are invited to complete the Odyssey Survey that is located at
http://members.iex.net/~jghodges/miami2001.html before 1/1/00.
II-C Practical Ethics: Real Time
Solutions to Real Problems
John R. Price
J. Donald Cairns
Joseph G. Gorman, Jr.
II-D Planning for Existing FLPs
Milford B. Hatcher, Jr.
II-E Grandfathered
Generation-Skipping Trusts
Carol A. Harrington
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Thursday, January 11
8:00 9:00 a.m.
Complimentary Continental Breakfast
9:00 9:45 a.m.
Marital Deduction and
Generation-Skipping Formula Clauses:
How to Get More Bang for Your Buck.
D. Keith Bilter
9:45 10:30 a.m.
That Which You Did Not Wish to Learn - Practical Aspects of QFOBIs.
Stephen E. Martin
10:30 10:45 a.m.
Break
10:45 11:30 a.m.
Funding Marital Deduction (and other) Bequests: Only the Questions Are Still the Same.
Jeffrey N. Pennell
11:30 a.m. 12:15 p.m.
The Family Foundation: An Owner's Manual.
Kathryn W. Miree
12:15 p.m. 2:00 p.m.
Lunch Break
2:00 3:30 p.m.
3:45 5:15 p.m.
FUNDAMENTALS PROGRAM
Income Tax Principles Applicable to the Formation,
Operation and Termination of Family Limited
Partnerships.
(Runs concurrently with the Special Sessions.)
Charles R. Levun
2:00 3:30 p.m.
Special Sessions III
III-A CASE STUDY Now That I Have Built It, How Do I Get Rid of It: Estate Planning for the Owners of the Closely Held Business.
Mark B. Edwards
III-B What’s New in Life Insurance?
Offshore and Domestic Private
Placement; Creative Split Dollar Funding.
Leslie C. Giordani
Lawrence Brody
Charles L. Ratner
III-C After the Ink Dries: Guiding Your Clients through Family Foundation Management.
Kathryn W. Miree
Jerry J. McCoy
III-D Planning and Drafting Enforceable
Marital Agreements.
Brenda M. Abrams
Dennis I. Belcher
Howard M. Zaritsky
III-E Formula Clauses
D. Keith Bilter
3:30 3:45 p.m.
Break
3:45 5:15 p.m.
Special Sessions IV
IV-A CASE STUDY Inbound U.S. Tax Planning: Choosing the Best Investment Structures.
Robert F. Hudson, Jr.
IV-B 2001: A Tech Odyssey (Repeat of Session II-B).
Joseph G. Hodges, Jr.
Julia B. Fisher
IV-C The Parable of the Conflicted Clients: A Morality Play in Five Acts.
Susan T. House
Bruce Stone
Cast Members: Stephen A. Lynch III,
Alfred J. Olsen, Hanson S. Reynolds,
Barbara A. Sloan, Susan K. Smith, Diana
S. C. Zeydel
IV-D Funding
Jeffrey N. Pennell
IV-E QFOBIs
Stephen E. Martin
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Friday, January 12
8:00 9:00 a.m.
Complimentary Continental Breakfast
9:00 9:45 a.m.
Protecting the Estate from In-laws and Other Predators.
Gideon Rothschild
9:45 10:30 a.m.
Ethics at the Edge: Sophisticated Estate Planning and Professional Responsibility.
Roy M. Adams
10:30 10:45 a.m.
Break
10:45 a.m. 12:15 p.m.
Question & Answer II.
Alan D. Bonapart
Judith W. McCue
Susan Porter
Edward S. Schlesinger
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MIAMI INSTITUTE GENERAL INFORMATION:
Inquiries/Registration:
Philip E. Heckerling Institute on Estate Planning
University of Miami School of Law
Center for Continuing Legal Education
P.O. Box 248087
Coral Gables, FL 33124-0201
Telephone: 305-284-4762 / FAX: 305-284-6752
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Headquarters Hotel - Fontainebleau Hilton, Miami Beach, FL
Telephone (305) 538-2000, FAX (305) 674-4607
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NOTICE: Although audio tapes of all of the substantive session
at the Miami Institute currently are only made available to Institute
registrants for purchase, the entire proceeding of the Institute are
published annually by Lexis/Nexis. For further information, go to
their Web site at <http://www.lexis.com/>.
The text of these proceedings is also available on CD ROM from
Authority by Matthew Bender. For further information, contact
your Matthew Bender sales representative, or call (800) 533-1637,
or fax (800) 828-8341, or go to URL <http://www.bender.com/>,
or
write to Matthew Bender & Co., Inc., Attn: Fulfillment Dept., 1275
Broadway, Albany, NY 12204.
___________________________________________________________
Joseph G. Hodges Jr. Esq. , Denver, CO - ABA-PTL List Co-Moderator
jghodges@jghlaw.com
<http://members.iex.net/~jghodges>