Content Provider
Keebler logo

Ea credits middle
Middle corpnet200707
Self-Study CPE
AREAS OF CONTROVERSY UNDER THE TCJA
View Details/Register
OUT OF TIME, OUT OF LUCK? HOW TO REQUEST RELIEF FOR A LATE OR MISSED ELECTION
View Details/Register
WHY DO I OWE TAX WHEN IT'S NOT MY MONEY? WITHHOLDING PAYMENTS TO FOREIGN PERSONS
View Details/Register
I WOULD RATHER PAY LESS PLEASE: HOW TO MAKE EFFECTIVE OFFERS IN COMPROMISE
View Details/Register
A PRIMER ON THE EFFECTIVE USE OF EXPERTS IN TAX COURT CASES
View Details/Register
OVERBROAD INFORMATION DOCUMENT REQUESTS AND DEMANDS TO INTERVIEW THE TAXPAYER
View Details/Register
DOES ANYBODY RESIDE HERE? REPRESENTING TAXPAYERS IN NYS RESIDENCY AUDITS
View Details/Register
WHAT'S NEW AT LB&I: KEY DEVELOPMENTS AND INITIATIVES
View Details/Register
KEYNOTE ADDRESS: OFFICE OF THE TAXPAYER ADVOCATE - 20 YEARS LATER
View Details/Register
PRESERVING YOUR CHALLENGES UNDER THE ADMINISTRATIVE PROCEDURES ACT
View Details/Register
Cpece webinars
The SECURE Act: IRAs, Estate Planning, and Expanded Information for Tax Advisors

THE SECURE ACT: IRAs, ESTATE PLANNING, AND EXPANDED INFORMATION FOR TAX ADVISORS

Cost $60.00
CPE Credits 3.0 hours
CE Credits 3.0 hours
Course Id# - HURS9-U-00571-20-O
Subject Area Taxes (Federal Tax Update)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

SECURE ACT is Now Law. EVERYONE NEEDS TO RECONSIDER EVERYTHING!

Join this deep-dive webinar to address all you need to know about this change in legislation and how it affects what you need to do to advise your clients.

After much delay and anticipation, the SECURE Act was enacted as part of the spending bill. The legislation includes many changes to retirement plans, however the most significant change for our estate planning clients is the elimination of the “stretch” IRA in favor of the “10-year rule.” This change will decrease wealth transfer and require estate plan updates. The effective date was 1/1/2020.

This means that everyone with a substantial qualified plan or IRA has to reconsider beneficiary designations and trust provisions in order to eliminate the possibility of an avoidable tax disaster. The best way to prepare for this seismic change is to join Bob Keebler where he will cover the following points:


  • Urgent estate administration protocols for late 2019 deaths

  • Urgent protocols to avoid disasters in case of early 2020 deaths

  • The conduit trust RMD disaster and solutions – why most conduit trusts are now imprudent or worse

  • Reformations and decanting to avoid a spendthrift disaster

  • Selecting the right “heir” to receive the IRA

  • The new spousal rollover trap and disclaimer planning

  • IRD meets DNI – understanding the taxation of trusts named as IRA beneficiaries

  • Examples to explain the quantitative difference under the new law compared to the old

  • Using CRTs to maintain deferral and bracket management - the law and the math

  • The mathematics of SECURE Act motivated Roth conversions for better bracket management and greater wealth transfer

  • Using IRA trusts in low tax states to achieve state tax savings by avoiding or delaying the state taxation of the lump sum payout

  • Using single life insurance to enhance bracket management - the unbiased math

  • Using Second-to-Die insurance to increase wealth transfer

  • Urgent action steps for ill and dying clients including avoiding conduit trusts and using out of state trusts

  • The Mathematical Pillars of Income Tax Deferral, Bracket Management, Conversion of Ordinary Income to Long-Term Capital Gain and to Tax-free Insurance Death Benefits

  • Explaining these Concepts to your Clients with Flowcharts and Quantitative Illustrations

  • The Mathematics of Four Types of Trusts and Beneficiary Distributions from Trusts

  • Conduit Trust, Non-Designated Beneficiary Trusts, Designated Beneficiary Trusts, and Eligible Designated Beneficiary Trusts

  • The Good and Bad Math of Conduit Trusts after Secure

  • Why Conduit Trusts Should not be Used in a Second-Marriage and How to Explain This to Your Clients

  • The Math of Avoiding the Five-Year Rule in Favor of the Ten-Year Rule or the Life Expectancy Rule

  • Developing a Thorough Understanding of the Deferral and Tax Rate Arbitrage Associated with a Charitable Remainder Trust

  • Developing an Understanding of the Section 664 CRT Tier rules and Converting Ordinary IRA to Long-Term Capital Gain

  • Understand the Income and Estate Tax-Free Benefits of IRA relocation (i.e., utilizing IRA distributions to Purchase Life Insurance)

  • Learn Advanced Insurance Strategies Including Policy Designs to Maximize ROI

  • Understanding the Efficacy of Roth IRA Conversions and the True Drivers of Who Should and Should Not Convert

  • Integrating Roth Conversion Planning with Eligible IRA Disability Trusts and IRA Trust Planning

  • Developing a Quantitative Understanding of the Benefits of Using the State Tax-Exempt IRA Trust to Reduce State Income Taxes

  • Developing an Understanding of the Tax Rate Arbitrage of Spreading Income Across Trust Beneficiaries and Across Family Members

  • Changes to Estate Tax Planning for IRAs After Secure

Linkedin Twitter
Keebler logo

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and the current chairman of the AICPA Advanced Estate Planning Conference. In 2007 he was inducted into the Estate Planning Hall of Fame of National Association of Estate Planners & Councils. He has also been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 200 favorable private letter rulings including several key rulings of “first impression”. He is the author of over 100 articles and columns and is the editor, author or co-author of many books and treatises on wealth transfer and taxation. Mr. Keebler has been a speaker at national estate planning and tax seminars for over 20 years including the AICPA’s: Estate Planning, High Income, Advanced Financial Planning Conferences, ABA Conferences, NAPEC Conferences, The Notre Dame Estate Planning Conference and the Heckerling Estate Planning Institute.

Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Keebler logo
At Keebler & Associates, we are nationally recognized tax professionals in family wealth transfer, estates and retirement distribution planning. We provide tax and estate planning to high net worth individuals and families and educate financial, tax and estate professionals on cutting edge tax strategies.