Continuing Education Program

In an effort to familiarize area Attorneys, Accountants, Financial Planners and Trust Officers with the Catholic Foundation and its mission, the Foundation has sponsored five Annual Continuing Education Courses in Estate Planning. The Annual Course continues to seek Mandatory Continuing Legal Education credit from the Oklahoma Bar Association for four hours of credit including one hour of ethics. Attendance Certificates are available for other group that require continuing education such as Certified Financial Planners and the Oklahoma Society of CPAs.

Approximately 130 persons attended the course in November 2015.

Estate Planning 2016 Course Registration Open

for Attorneys, Accountants, Financial Planners & Trust Officers

Sponsored by

to be held on Thursday, October 27, 2016 —    8 am – 12 noon
Catholic Pastoral Conference Center -- 7501 NW Expressway, Oklahoma City, 73132

2016 Presenter:  CHARLES D. (“SKIP”) FOX IV is a partner in the Charlottesville, Virginia office of the law firm of McGuireWoods LLP and Chair of its Tax and Employee Benefits Department. Prior to joining McGuireWoods in 2005, Skip practiced for twenty-five years with Schiff Hardin LLP in Chicago.  Skip concentrates his practice in estate planning, estate administration, trust law, charitable organizations, and family business succession. He teaches at the American Bankers Association National Trust School and National Graduate Trust School where he has been on the faculty for over twenty-five years. Skip was an Adjunct Professor at Northwestern University School of Law, where he taught from 1983 to 2005, and is currently an Adjunct Professor at the University of Virginia School of Law. He is a frequent lecturer across the country at seminars on trust and estate topics. In addition, he is a co-presenter of the long-running monthly teleconference series on tax and fiduciary law issues sponsored by the American Bankers Association. Skip has contributed articles to numerous publications and is a regular columnist forthe ABA Trust Letter on tax matters. He was a member of the editorial board of Trusts & Estates for several years and was Chair of the Editorial Board of Trust & Investments from 2003 until 2012. Skip is a member of the CCH Estate Planning Advisory Board. He is the co-editor or author of seven books on estate planning subjects. Skip is a Fellow of the American College of Trust and Estate Counsel (for which he is Vice President) and is listed in Best Lawyers in America. In 2008, Skip was elected to the NAEPC Estate Planning Hall of Fame.  He is also Chair Emeritus of the Duke University Estate Planning Council and a member of the Advisory Committee of the Heckerling Institute on Estate Planning and the Princeton University Planned Giving Advisory Council.

Topic 1: Recent Developments in Federal Tax, Estate and Gifting laws includes a discussion on legislation, decisions or rulings over the last 18 months in the areas of Legislative Proposals and IRS Guidance, Marital Planning, Gifts, Estate Inclusion, Valuation, Charitable Gifts, Generation-Skipping Transfer Tax and Fiduciary Income Tax issues.

Topic 2: The New Paradigm in Trusts and Estates Valuation — Asset valuation is a critically important aspect of estate planning. Only after the estate planner knows the value of a client's assets can he or she determine whether and to what extent the client will be subject to estate tax. Valuation takes on added importance when closely held business or real estate interests are involved. The basic principles used in the valuation process create unique transfer tax planning opportunities.  This will include a discussion of the proposed regulations under Section 2704.

Topic 3: Tales from the Crypt: A Review of past mistakes by lawyers, accountants, trust professionals and other estate planning professionals – Case examples of issues in areas of marital deductions, gifting, charitable gifts, estate inclusions, asset valuations, asset protection planning, business trusts, life insurance planning and GST exemption are used to point out how to avoid mistakes.

Topic 4: Ethical Issues in Representing a Fiduciary or Acting as aFiduciary -- The role of a lawyer, accountant, financial planner or trust officer advising executors and trustees, or serving as executors and trustees, seems to sit at the heart of some of the most fulfilling aspects of client relationships. However, this service also sits at the heart of some of the most challenging ethical issues that can confront them. This discussion will examine ethical challenges with an eye towards identifying particular pitfalls. Paying close attention to the legal guidelines of ethics and professional responsibility can assist not only the lawyer, but also the accountant, financial planner and trust officer in advising trustees and executors, avoiding potential disputes, and managing relationships with clients, beneficiaries, and other interested individuals.

Click here to register on-line.