DALLAS ESTATE PLANNING COUNCIL

REGISTRATION FOR THIS EVENT IS CLOSED.

WALK-INS ARE WELCOME BUT WILL NOT BE GUARANTEED A MEAL

BREAKFAST MEETING

THURSDAY, FEBRUARY 1, 2018

(Breakfast served 7:30–8:00 a.m.; Program 8:00-9:00 a.m.)

NORTHWOOD CLUB

6524 Alpha Road, Dallas, Texas

RESERVATION DEADLINE: WEDNESDAY, JANUARY 24, (5:00 P.M.)

(PAYMENT MUST BE IN COUNCIL’S OFFICE)

THE ESTATE PLANNER’S ROLE IN PROTECTING AND TRANSFERRING PROPERTY

AND ADDRESSING IRREVOCABLE TRUSTS ON DIVORCE

LOUIS HARRISON

Sponsored by Dallas Women’s Foundation

The Tax Reform Act of 2012, coupled with the Tax Cut and Jobs Act of 2017, have transmogrified our estate planning practice. But the metamorphosis has enabled planners to shift their focus to aspects of the practice that may have received less importance in the past, such as income tax basis planning and drafting for non-tax concerns, such as divorce, beneficiary protection, and avoiding trust litigation. These two tax acts have given planners an opportunity to evaluate what their practices should look like in 2018 and beyond.   Whereas in the year 2000, an estate planner may have been focused on creating family limited partnerships for discounts, that same planner with that same client in the year 2018 may be unwinding that partnership for income tax reasons.  With this evolution in practice management, planning pre, during and post - divorce, and understanding and allocating family assets, takes on a priority position.  This presentation will focus initially on property rights that the estate planner should consider during the initial estate planning meeting, and how traditional estate planning discussions and asset allocation recommendations have now changed.  It will then discuss the value and structure of third party created trusts to their beneficiaries, as a defense against divorce. The final segment will concentrate on how irrevocable estate planning trusts can be modified, iterated, or resolved to accommodate divorces including the bizarre grantor trust problem that could continue for ex-spouses. Louis Harrison received his BA from Colgate University magna cum laude; his JD from Duke University School of Law (high honors); and his MBA from the University of Chicago School of Business with honors. He is a partner in the sixty attorney firm of Harrison & Held, LLP where he focuses on sophisticated tax, corporate and estate planning. His emphasis is on solutions to complex problems, including creative structures to inter family disputes and litigation, consideration of trust structures to provide creditor and spousal protection, post-mortem tax planning, buying and selling of businesses,   charitable dispositions, and transfer strategies.  Mr. Harrison represents a significant number of closely held businesses and business owners, as well as executives of numerous public companies.  A frequent speaker and writer on tax and estate planning, Mr. Harrison has spoken before numerous groups nationwide.  He has authored more than 200 published articles on a broad range of tax and estate-planning subjects in legal, accounting, tax and estate journals and periodicals, and is co-author of various books.

There is continuing ed credit pending for this presentation. The program handouts are paperless.  The handout will be available to download on the website (Document Library) a few days prior to each meeting.  YOU may print the handout if you prefer to have a handout at the meeting.

Note:  Paid membership dues do not include meals.  To register for the meeting, complete the form below, enclose a check (payable to Dallas Estate Planning Council) for the respective amount (indicated below) and mail to: Dallas Estate Planning Council, P.O. Box 38553, Dallas, TX  75238-8553. You may register online with a credit card payment on the website: scroll down to the bottom of the page and register. LOG IN IS NOT REQUIRED TO REGISTER. If you need a receipt, print out the confirmation page.    

PREPAID MEALS:  Members who have already paid in advance for all meetings for the year MUST register so we will have a count for the number of meals to prepare. PREPAID MEMBERS MUST REGISTER ON THE WEBSITE BY THE DEADLINE - scroll down to the bottom of the page and register.

THERE WILL BE 10 MEALS AVAILABLE FOR WALK-INS ON DAY OF MEETING (FIRST COME, FIRST SERVE). ALL OTHER WALK-INS WILL BE “PROGRAM ONLY”.  CREDIT CARDS ARE NOT ACCEPTED AT THE DOOR, CASH OR CHECK ONLY. Member: $37 (includes meal and program); Guest: $60 (includes meal and program);*Member-Program Only: $25 (*ONLY MEMBERS may choose “program only” for $25; $20 - GUEST - Emerging Professionals – FIRST MEETING (includes meal/program-MUST be 40 years of age or younger or less than 5 years in respective discipline)

Name: ________________________________________ 

 ____$37  ___$60____$25 (Member-Program Only) ____$20 (GUEST EP-First Meeting)

E-mail: ________________________________________   Phone No: _____________________________________

WE WOULD LIKE TO THANK OUR MEETING SPONSORS:  ARMANINO LLP, BESSEMER TRUST COMPANY, COMMUNITIES FOUNDATION OF TEXAS, DALLAS WOMEN’S FOUNDATION, HIGHGROUND ADVISORS, JACKSON, WALKER, MERRILL LYNCH (THE MAYNARD GROUP), PARKLAND FOUNDATION, QUEST CAPITAL MANAGEMENT, TEXAS BANK & TRUST, THE CATHOLIC FOUNDATION AND TOLLESON WEALTH MANAGEMENT.  IT IS THE SPONSORS WHO MAKE POSSIBLE THE SOCIAL EVENTS AND PROVIDING EXCELLENT SPEAKERS.IN ADDITION, WE WOULD LIKE TO RECOGNIZE THE PATRONS: BISIGNANO HARRISON & NEUHOFF, DAVIS STEPHENSON, HERITAGE AUCTIONS, GLAST, PHILLIPS & MURRAY, GOLDIN PEISER & PEISER, LINDQUIST EISENBERG, PLAINSCAPITAL BANK, STOUT RISIUS ROSS, RUSSELL TETHER FINE ARTS AND THE CATHOLIC FOUNDATION. THE PATRON PROGRAM PROVIDES ADDITIONAL FUNDS TO SUPPORT THE COUNCIL’S ACTIVITIES.

SPECIAL MEAL REQUESTS NOT AVAILABLE FOR THIS MEETING