Total Credits: 1.7 Self Study
Originally presented at the 2022 Annual Estate & Trust Institute, October 20-21, 2022.
The Treasury Department’s February 2022 proposed regulations on required minimum distributions and designated beneficiaries provided some guidance on the changes made in the SECURE Act, but left other questions open as well. Although much has remained the same, the changes require careful consideration to determine the best plan of action for each client. This session will cover lifetime contribution rules, new categories of beneficiaries, post-death minimum distribution rules before, on, and after the “required beginning date”, how the 10 year rule works, planning for minors or disabled or chronically ill beneficiaries, planning options in the face of uncertainty, and top rules of thumb to remember in planning after the SECURE Act.
Speakers: Robert K. Kirkland, Kirkland Woods & Martinsen, LLP, Liberty and Kathleen R. Sherby, Bryan Cave Leighton Paisner LLP, St. Louis
Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for GAL Certification, ethics, elimination of bias or Kansas credit.
|New Secure Act Regulations (0.78 MB)||Available after Purchase|
Bob Kirkland is the founding partner of Kirkland Woods & Martinsen LLP, with offices in Liberty, Missouri, Springfield, Missouri, Clayton, Missouri and Overland Park, Kansas. He works with a variety of individual clients in the areas of gifting techniques, asset protection, charitable planning and business succession planning. He also advises fiduciaries in estate and trust administration matters.
Mr. Kirkland is a Fellow of the American College of Trust and Estate Counsel (“ACTEC”), is a past Missouri State Chair of ACTEC, and a past member of the ACTEC Board of Regents and ACTEC Executive Committee. He is listed in The Best Lawyers in America.of Regents and ACTEC Executive Committee. He is listed in The Best Lawyers in America.
Ms. Sherby's practice involves representation of private individuals in all aspects of wealth transfer planning with a particular focus on retirement benefits. She has also represented trustees and beneficiaries regarding various fiduciary issues; advising trustees and trust protectors as to their fiduciary duties in administering trusts, modifications, reformations and terminations.
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