July 13 – 17, 2009

The ideal program for lawyers with less than five years of Estate Planning practice
This CLE program is sponsored by the American Bar Association, Section of Real Property, Trust and Estate Law will be held at the New York Law School in New York City. This is a very popular annual estate planning program with limited
space - early registration is advised!

who should attend

New estate planners – both young attorneys, new in the profession, and attorneys seeking to make a transition
from another area of law.

Program Location

New York Law School,
57 Worth Street,
New York, NY
10013-2960

program Co-chairs

Steve R Akers,
Bessemer Trust, Dallas, TX

William P. LaPiana,
Professor of Wills, Trusts, and Estates and Director of Estate Planning, Graduate Tax Program New York Law School, NYC, NY

FIRST TIME OPTIONAL PRE-PROGRAM INSTITUTE - Sunday, July 12, 2009
Review of the basics of estate tax, gift tax, GST tax and income taxation of trusts and estates. A must for attendees who need, or want, a refresher in these vital areas.

Basic Fundamentals and Substantive Skills Development

• Marital deduction basics, including analysis of how much to use the use of disclaimers or partial QTIP elections, funding and fiduciary administration problems
• Charitable deduction planning including use of computer software
• Analyzing inter vivos gifting, both basic and sophisticated transactions such as GRATs and QPRTs, including an analysis of when such techniques make sense
• Life insurance planning, particularly with respect to irrevocable insurance trusts and the practical aspects of product selection, premium financing, and due diligence along with GST considerations
• Deferred compensation and employee benefits, including beneficiary designation alternatives and drafting such designations
• Practical tips on planning with the generation-skipping transfer tax
• Preparing flexible trusts with an eye to the future

Technical Skills Development

• Client interviewing - with the "substantive" side (what information to obtain) coming as an ancillary element to learning the skills involved
• Tax compliance: hands-on manual preparation to learn how the tax law works and how software can produce errors
• Fiduciary administration and accounting and the tax aspects of postmortem and other fiduciary administration
• Valuation in practice, including how to select valuation experts and analyze their work
• Exposure to software programs and web sites that assist in the analysis of estate assets and facilitate construction of planning models

Developing Ethical Attitudes
Ethics instruction in practical settings, particularly including representations of spouses and fiduciaries.

Tuition
$1595.00 - includes all instruction and materials; continental breakfasts, lunches each day and dinner on Thursday night. (There are a limited number of spaces available to full time government employees at $925.00.) Financial scholarship applications are available for this program. To request an application or receive additional information, contact Hillary Clark clarkh@staff.abanet.org.

Accommodations
A block of rooms has been secured at the Millenium Hilton (55 Church St., New York, NY) at the rate of $289. Please call the Hilton directly at 212/693-2001 or 888-273-0734 for reservations. Be sure to reference the ABA Real Property Trust and Estate Law Skills Training Program to secure a room at the discounted rate. The deadline for hotel reservations is June 22, 2009. A list of other hotels is available upon request.

CLE requested: 38 to 39 Total 60-minute hours of instruction

Cancellation Policy
Refund requests for this program must be made in writing and received via fax (312/988-5262) in our office by July 6, 2009. There will be a $425 administration fee deducted from the refund. The Section will gladly accept substitutions for cancellations received after July 6th; however, refunds will not be given after that date.

Download Registration Form