Attend this advanced program to hear in-depth analysis of estate planning and estate and trust administration with retirement benefits, particularly in light of the passage of the SECURE Act.
Learn about the options for a surviving spouse who receives retirement benefits. Hear beneficiary designation and “see-through” trust drafting tips, and the effect of the SECURE Act on planning with retirement benefits. Discuss the practical issues that arise when implementing beneficiary designations. Get ideas to fix issues that surface after the owner/participant has died-and learn to recognize and avoid traps for the unwary when administering trusts that hold inherited retirement benefits.
The presentation assumes the audience already has a basic understanding of the longstanding “stretch-out” rules governing retirement benefits after the death of the owner/participant, and how to leave retirement benefits to a trust in order to obtain the beneficial “see-through” status for the trust and a “designated beneficiary.” Hear the faculty delve into the practicalities of drafting and implementing retirement benefits planning, including the impact of the SECURE Act, which became effective on January 11, 2020. The landscape of estate planning for retirement benefits has changed-make sure your practice is current and strategic. Join the discussion and bring your questions!
Learn about the options for a surviving spouse who receives retirement benefits. Hear beneficiary designation and “see-through” trust drafting tips, and the effect of the SECURE Act on planning with retirement benefits. Discuss the practical issues that arise when implementing beneficiary designations. Get ideas to fix issues that surface after the owner/participant has died-and learn to recognize and avoid traps for the unwary when administering trusts that hold inherited retirement benefits.
The presentation assumes the audience already has a basic understanding of the longstanding “stretch-out” rules governing retirement benefits after the death of the owner/participant, and how to leave retirement benefits to a trust in order to obtain the beneficial “see-through” status for the trust and a “designated beneficiary.” Hear the faculty delve into the practicalities of drafting and implementing retirement benefits planning, including the impact of the SECURE Act, which became effective on January 11, 2020. The landscape of estate planning for retirement benefits has changed-make sure your practice is current and strategic. Join the discussion and bring your questions!
Course Content
9:30 - 9:35 amWelcome and Introduction
Suma V. Nair, JD,
Fiduciary Trust Company, Boston
9:35 - 10:10 am
Pre-SECURE Rules and Planning for the Surviving Spouse
Sarah M. Allen, JD, LLM,
Rice, Heard & Bigelow, Inc., Boston
10:15 - 10:50 am
Changes Made by the SECURE Act and Considerations When Planning for Non-Spouse Beneficiaries
Suma V. Nair, JD,
Fiduciary Trust Company, Boston
10:55 - 11:00 am
Refreshment Break
11:00 - 11:40 am
The Initial 'To-Do' List and Deadlines after Someone Passes Away Owning Retirement Benefits
Issues that Arise as a Result of Something That Went Wrong in the Planning and Strategies for Addressing Them, Including Tips for How the Problems Could Have Been Avoided
Sara Goldman Curley, Esq.,
Nutter McClennen & Fish LLP, Boston
11:40 - 12:20 pm
Avoiding Mistakes in Administration: Important Administrative Details, Trust Income Tax Issues, and Trust Principal and Income Accounting
Kelly J. Guarino, Esq.,
Fiduciary Trust Company, Boston
12:25 - 12:30 pm
Key Takeaways
Panel
Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
Speakers
ChairSuma V. Nair, JD,
Fiduciary Trust Company, Boston
Faculty
Sarah M. Allen, JD, LLM,
Rice, Heard & Bigelow, Inc., Boston
Sara Goldman Curley, Esq.,
Nutter McClennen & Fish LLP, Boston
Kelly J. Guarino, Esq.,
Fiduciary Trust Company, Boston
