DALLAS ESTATE PLANNING COUNCIL

BREAKFAST MEETING

THURSDAY, MAY 5, 2011

(Breakfast served 7:30-8:00 a.m.; Program 8:00-10:00)

FAIRMONT HOTEL

1717 North Akard, Dallas, Texas

RESERVATION DEADLINE: FRIDAY, APRIL 29 (IN COUNCIL’S OFFICE)

WHAT’S HOT/WHAT’S NOT - RECENT CASES/RULINGS/LEGISTATION/PROPOSALS

 ON LIFE INSURANCE

STEVE LEIMBERG

(2 HOUR PROGRAM)

Sponsored by US Trust, Bank of America Private Wealth Management

Steve Leimberg will discuss key planning issues and developments including transfer for value-dangerous tax trap; income on extinction of policy loan (McGowen); loans in excess of basis taxable on policy termination (Sanders); who owns policy rights when a business breaks up (Hilliard); life insurance premium rebates taxable (Rickard); STOLI-intent at inception to sell sufficient to void policy (Rucker); NY says intention to sell at inception does not void policy (Kramer); trustee liability (Cochran v. Key Bank); valuation of policy in “pension rescue” (Matthies); deductions to 419A(f)(6) plan disallowed (Curcio); Treasury Study on CHOLI – charity owned life insurance.  Stephan R. Leimberg, JD, is Publisher and CEO of Leimberg Information Services, Inc., an e-mail and database service providing information and commentary on tax cases, rulings, and legislation for financial services professionals, and CEO of Leimberg and LeClair, Inc., an estate and financial planning software company.  Named a Distinguished Accredited Estate Planner by the National Association of Estate Planners and Councils, Leimberg is co-author with Howard Zaritsky of Tax Planning With Life Insurance and Creator and Lead Author of the Tools and Techniques series including the Tools and Techniques of Estate Planning, Tools and Techniques of Life Insurance Planning, and Tools and Techniques of Life Settlement Planning. 

2 hours of continuing ed credit pending.

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: go to www.dallasepc.org. Go to “Next Meeting” on the left column and click on “Event Details”, scroll down to the bottom of the page and register.  If you need a receipt, print out the confirmation page.  RESERVATION DEADLINE IS APRIL 29.

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 and number of outlines to print.  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”.  NO CREDIT CARDS ARE 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).  

Name: ________________________________________

     ____$37                ___$60  ____$25 (Member-Program Only)

E-mail: ________________________________________

Phone No. _____________________________________

Name: ________________________________________

     ____$37                ___$60  ____$25 (Member-Program Only)

E-mail: ________________________________________

Phone No. _____________________________________

SPONSORS:  We would like to thank the following meeting sponsors:  Baylor Health Care System Foundation, CHUBB, Communities Foundation of Texas, Dallas Women’s Foundation, Texas Health Presbyterian Foundation and Tolleson Wealth Management , US Trust, Bank of America Private Wealth Management

PATRONS:  We would like to thank the following patrons for their support:  Bisignano & Harrison, LLP, John Checki, CPA, CFP, CRC, Middleton Burns & Davis, P.C., The Catholic Foundation, The Wilcox Group-Investment Banking, Tolleson Wealth Management, Travis Wolff & Co.  and Weaver