Drafting IRA Trusts

Event Location:

Online
8050 West 78th Street
Edina MN 55439

Event Date:
December 19, 2017
Event Time Info:
10:00:00 - 17:00:00
Event Registration:
Event Details and Registration

H&J attorney, Scott Nelson, will be presenting for NBI Video Webcast: Drafting IRA Trusts

Program Description

Provide Your Clients with a Thorough Understanding of IRA Trusts

Be prepared for specific challenges associated with IRA trusts by understanding their unique characteristics. Our essential primer will provide you with a comprehensive overview of these popular trusts, including drafting tactics, advantages of an IRA trust and critical sample forms needed to complete the process. Register today!

  • Determine the pros and cons of establishing an IRA over other trusts.
  • Gain a better understanding of IRA minimum distribution rules, such as individuals as beneficiaries and trusts as beneficiaries.
  • Learn different tax issues associated with an IRA trust, including income and estate tax.

This is a rebroadcast of the original webcast delivered by Karen L. Brady, Justin H. Brown, Michaeline A. Gordon and Scott M. Nelson on May 10, 2017. Faculty will be available to answer your questions after the program.

Course Content

  1. Overview of IRA Trusts
  2. IRA Required Minimum Distribution Rules
  3. Retirement Account Rollover Rules and Mistakes
  4. Drafting an IRA Trust
  5. Tax Issues
  6. Sample Forms
  7. Using Self-Directed IRAs to Create LLCs for Non-Traditional Investments
  8. Ethics in Estate Planning Practice
  9. Distribution and Termination of IRA Trusts in Estate Administration

Presenters

    KAREN L. BRADY is the president and sole shareholder in the Arvada law firm of Karen Brady and Associates, P.C., where she practices primarily in the areas of estate planning and business planning. Ms. Brady is the co-author of several books on estate planning. She is also a frequent speaker to attorneys, financial professionals, and the general public on a variety of estate planning topics. She is a member of the First Judicial District, Colorado and American bar associations; as well as the WealthCounsel Attorney Association. Ms. Brady earned her B.A. degree, cum laude, from Georgetown University; and her J.D. degree, magna cum laude, from the University of Michigan. She was previously an instructor at the University of Denver, as well as the Denver Paralegal Institute.

    JUSTIN H. BROWN is a shareholder of Flaster Greenberg PC’s trusts and estates, taxation, and business and corporate practice groups. He focuses his practice on estate and tax planning, estate and trust administration, and estate litigation. Mr. Brown is admitted to practice in the states of New Jersey, Pennsylvania, Maryland; and before the U.S. District Court for the District of New Jersey; and the U.S. Tax Court. He is a member of the Philadelphia (vice chair, Probate and Real Property Section), Camden County, Pennsylvania, Maryland State, New Jersey State, and American bar associations. Mr. Brown is a member of the Philadelphia Estate Planning Council and the Estate and Financial Planning Council of Southern New Jersey. He earned his B.A. degree, with honors, from Washington University in St. Louis; his J.D. degree, cum laude, from American University Washington College of Law; and his LL.M. degree from Villanova University School of Law.

    MICHAELINE A. GORDON is a partner at Ginsberg Jacobs, LLC, where she heads up the firm’s estate and trust practice, focusing on estate and wealth transfer planning, and estate and trust administration. Ms. Gordon assists business owners, professional practices, families, and individuals with all aspects of estate and trust planning, and business succession planning. She regularly assists families with special circumstances, such as planning for disabled children and adults with special needs. Experienced in probate and trust administration, she advises executors and trustees in administering decedent estates and trusts. Ms. Gordon also works with entrepreneurs throughout the full business cycle, from initial planning for entity selection, to asset protection and wealth preservation through succession planning. She earned her B.S. degree from the University of Illinois in Urbana-Champaign, her J.D. degree from the John Marshall Law School in Chicago, and her LL.M. degree in taxation from DePaul University College of Law. Ms. Gordon is a member of the Chicago Bar Association’s Trust Law Committee and is a member of the Advisory Board of Advocate Charitable Foundation. She is a regular speaker on estate planning topics for National Business Institute and in the business community.

    SCOTT M. NELSON is an attorney and CPA with Hellmuth & Johnson, PLLC. With more than 28 years of experience, he provides legal counsel to individuals and closely held businesses in the areas of tax, business and estate planning. Licensed in Minnesota, Wisconsin and North Dakota, Mr. Nelson’s areas of concentration include business succession planning, coordinated estate planning for complex estates, and advising all types of families on transfer of assets, as well as legacy and philanthropic planning during lifetime or upon death. His practice includes advising trust and estate fiduciaries, beneficiaries and charitable organizations. Mr. Nelson obtained his CPA license while working at Arthur Andersen & Co. accounting firm in its Minneapolis office. He earned his B.S. degree from St. John’s University and his J.D. degree, magna cum laude, and Order of the Coif, from the University of Minnesota Law School. Mr. Nelson is also a fellow of the American College of Trust and Estate Counsel (ACTEC) and a member of the ACTEC Fiduciary Income Tax Committee.

    For more information on this video webcast click here.

    This legal program is designed for attorneys looking to increase their knowledge of IRA trusts. This course may also benefit financial planners, accountants and CPAs, and trust officers.

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