Estate

from A to Z

4-. wv.,vl

—A 2-Day Practical Course ^

« c.c ,f,,... c - '''

|y OKLAHOMA CITY, OK —DEC. 18 one/DEC. 19,2017EtiFULSA, OK — DEC. 20 one/DEC. 21, 2017m-m o'l' —

& ^ -^V*- <» !.>» 2.

Sredit Information ^

CLE 145 md 1 Oermcs <

I f Financial Planners 140'..'•J.f •'V. A.. •..•,'•• / '••.♦? • . ;• • s ••-:••

[J ^CPfforAccountants/NASBA-l401ncl lOethics|,|i ^ee inside for details ^ «

"i' i

« '"•11 ui Register today'- $7^- now only $575'

ii^S00-930-6182or .si#Aiww,w nbi-sems com

Ht'' t'f ^

NBIyg)-' rfO

NATIONAL •BUSINESS ^viINSTlTUT|i§

/ Benefitsof '': Attending! /

• 2 fuNdays of ,planning strategiesand trust drafting

. knowledge

• Sample provisions fromexperienced a-ttorneystoaddtoyourdocument database

• Leave fuilypreparedto represent grantors,

..'• beneficiaries and' •LA .TO:.-;!trustees, . • ' a.L/^-Y'/Ydl

: -T •- ••

1 Dec. 18 - Oklahoma City^ Dec.20-Tuisa

I. CLIENT SCREENING AND INTAKE

9:00- 10:00, Wnicenby Johnny P. Akers.Presented byJerryE. Shilesin Oklahoma Cilyand Johnny P Akers in Tulsa.A. ClarifyingGoals and Forecasting NeedsB. Assessing Current and Future

Assets and Debts

C. Dealing with FamilyDynamics;Past, Present and Future

D. What to Lookfor in ReviewingExisting Estate Plans

E. SampleInfoGatheringForms and ChecklistsF. Determining Your Overall EstatePlan Strategy

1. for an Estate Not Subject to Estate Tax2. for an Estate Potentially

Subject to Estate Tax3. for an Estate Subject to Estate Tax

II. KEY ELEMENTS OF EFFECTIVE WILLS

10:00-11:00,Writtenby FrederickS.Esser.Presented byCoryB. Hicks in Oklahoma Cityand Frederick S. Esser in Tulsa.

A. Establishing Statutory FrameworkB. Types ofWillsC. Testator's Competency-

Verifying and DocumentingD. Beneficiary Designations and Distributions

in Retirement Plans and Life Insurance

E. Titling AssetsF. Sample WillProvisionsG. Updating WillDocuments

Ml. BASICTAX PLANNING

11:15-12:15, Written and presented byJerryf, Shilesin Oklahoma Cityand Tulsa.A. Estate Tax UpdateB. Step-Up Basisof Various AssetsC. Gift Tax and Exclusions

D. Generation-Skipping TransferTaxE. Planning for the Final Income Tax ReturnR T-rust-Taxation Basics

G. Disclaimer Trusts

H. Crummey Powers and the IRSI. Typical Creditors and

How to Deal with Them

}. Simple Tips for Minimizing Tax BurdenK. Tax Treatment of Trusts

IV. DOCUMENTING LONG-TERM CARE,

INCAPACITY AND END-OF-LIFE DECISIONS

T:I5- 2:30,Written bySandra J.Alexander.Presented by Donna J Jackson in Oklahoma Cityand Sandra J. Alexander in Tulsa.

A. Medicaid Planning OverviewB Long-Term Care Options

and Planning in a NutshellC. Special Needs TrustsD. Advance Medical Directives

E. Powers of AttorneyF. DNR Orders and

Organ Donation Considerations

V. PLANNING FOR UNMARRIED

AND REMARRIED COUPLES

2:45 - 3:30, Writtenby CoryB. Hicks.Presented by Cory B. Hicks in Oklahoma Cityand JerryE. Shiles in Tulsa.A. Pre- and Post-Marital AgreementsB. Planning for Children

from Previous Marriage(s)

VI. BUSINESS SUCCESSION PLANNING

3:30- 4:30,Written by Donna J. Jackson.PresentedbyDonna J.JacksoninOklahomaCityand Sandra J. Alexander in Tulsa.

A. VVhen the Business is Transferred

to the Beneficiary in FullB- Buy-SellAgreement BasicsC. Business Structure Conversion

D. Minimizing Tax Burdenin Transferring Ownership

E.. Business.Valuation and Sale

Dec. 19 - Oklahoma CityDay 2-Dec. 21-Tulsa

VII. TRUSTS 101

9.00-10:00, Written byCara C. Wells.PresentedbyJerryE. Shiles in Oklahoma Cityand Cora C. Wells m Tulsa.

A. Types, Goals and Functions ofTrustsB. Major LawsGoverning

Trust Creation and Administration

C. Who are the Main Parties?ITieirDuties and Responsibilities to aTrust

D. Revocable vs. Irrevocable

E. Choosing Trust SitusF. Trust Funding Basics

VIII. WHO IS THE FIDUCIARY?

10:00 -11:00,Written by Cara C. Wells.PresentedbyJerryE. Shiles in Oklahoma Cityand Cara C. Wells in Tulsa.

A. PersonalRepresentatives and TrustOfjcers;Powers and Duties

B. HelpingClientsPick the Fiduciary(ies)C. YourContact with the Personal RepresentativeD. Trust Protectors and Advisers

E. Fiduciary Liability

IX. REVOCABLE LIVINGTRUSTS

n. /5 • /2. /5, Writtenby James W. Carlton Jr.Presented byJames W. Carlton Jr. inOklahoma Cityand Cara C. Wells in Tulsa.

A. Traditional Estate Planning vs.Revocable Trust Planning

B. Credit Shelter Trusts

C. Marital Deduction Trusts

D. Qualified Terminable Interest Trusts (QTIPs)£. DraftingTips and SamplesF.. Common Mistakes to Avoid

•|f needed, the above agenda may be changedto best accommodate ali of our attendees.

X. TRUSTS USED FOR TAX REDUCTION •

DRAFTING TIPS AND SAMPLES

1:15 •2:30, Writtenby Tyler R. Barrett.Presentedby Tyler R. Barrett in Oklahoma Cityand Richard Kent Holmes in TulsaA. Irrevocable Life Insurance Trusts (ILlTs)

8. Charitable Remainder Trusts

C. Qualified Domestic TrustsD. Qualified Personal Residence Trusts (QPRTs)E. Defective Trusts

F. Education Trusts for Children

and Grandchildren

G. Generation SkippingTrusts

XI. GRANTOR TRUSTS

2.-45 - 3:50, Writtenby Tyler R. Barrett:Presentedby Tyler R. Barrettin Oklahoma Cityand Richard Kent Holmes in Tulsa.

A. Intentionally Defective Grantor Trusts (IDGTs)B. Drafting Tips and SamplesC. Taxation Considerations-

When to File the Return?

D. Administrative Power

XII. ETHICAL CONSIDERATIONS

3:30- 4:30. Writtenby James W. Corhon Jr.Presented byJamesW. Carlton Jr. inOklahomaCityand Richard Kent Holmes in Tulsa.

A. Defining WhoYour Client isfrom the StartB- HandlingClients with

Diminishing Mental CapacityC. LawyersActing as FiduciariesD. Estate Status Updates for Clients •

Why itPays Offand Howto do it EfficientlyE. PracticingBefore the IRSF. Getting Paid:

Biilabie/Non-Biliabie Hour

and Retainer Agreements •'G. Preventing Unauthorized Practice of Law

by Legal Staff

•OKLAHOMA CITY^ DEC ISaadDEC 19

^. HolidayInn Hotel &SuitesOklahoma City Airport4401 Southwest 15th Street

OklahomaCityOK73108Phone: 405-601-7272

TULSA ~ DEC 20 and DEC. 21Tulsa Marriott Southern Hills

„ 1902 East 71st Street South,Tulsa OK 74136Phone: 918-493-7000

SCHEDULERegistration: Dec. 18•Oklahoma City— 8:30- 9:00amDec. 20 • Tulsa — 8:30 - 9:00 am

Seminar: Dec. 18and Dec 19*0klahomaCity —9:00 am-4:30 pmDec. 20 and Dec 21 •Tulsa —9:00 am - 4:30 pm

Complimentarysnacksand refreshments are provided.Lunch is on your own.

TUITION$575 for the first registrant$565 for each additional registrant "

CAN'T ATTEND?

Obtain the benefits of today's seminar bypurchasing the audio CDand course book,as it will be recorded in its entirety. Simplyuse the registrationformto pre-orderyourstoday bychecking the*Can't Attend'box.

CANCELLATION

Msit us on the web or call one of ourcustomer service representatives prior to

the live programto learn more about yourcancellation options.

THE NBI GUARANTEE - •

Yoursatisfaction isourguaranteelifyou .aren't satisfied with a seminar Of training •

resource, calfor write us and we'll make itright. For shippable producforders,please v;returnthe productwithin 60 daysof the .product receipt and weare happy to refund ..the product price minus shipping costs. :•

•Pre-registration isencouraged. Ifyouneedto register.atthedocf, you may wish tocall usfirst tocorifirm.. , "iavailability and to receive information regafdirig 1schedule orlocation changes.

^ RegisterL800-930-6182 or ,||liyww.nbi-sems.con:®

JOHNNY PAKERS is amanaging partner of the Law Center ofAkers &Esser, PLLC and amanaging partner in theOklahoma Bankruptcy Center, PLLC, both located in Bartlesville, Oklahoma, The Law Center of Akers &Esser, PLLCspecializes mtort and contract litigation. Aside from handling numerous personal injury cases, Mr. Akers has alsolitigated complex civil cases including pipeline explosions to physical, civil rights violations, employment contractsand sexual assault and battery of minor children. Mr. Akers'office practice also includes advice to clients in regard'to business planning, real and personal property issues, and estate planning. (Tulsa locarion)SANDRA J. ALEXANDER is asole practitioner in Tulsa, where her practice is concentrated in the areas of real estatesmall and medium businesses, wills, estates, trusts, probate and legal services for the elderly. She was an instructorin business law and legal implications of the insurance industry for Tulsa Junior College and an adjunct professorof law teaching real estate transactions at the University ofTulsa College of Law, (Tulsa location)TYLER R. BARRETT is asolo practitioner at The Law Office ofTyler R. Barrett, PLLC., where he pracficesin estate planning, probate andelder law. (Oklahoma City location)

JAMES W. CARLTON JR. is apartner in the law firm of Garvin, Agee &Carlton, PC., where he has been practicinglaw since 1988 mthe areas of real estate, probate, estate administration, taxation, municipal and elder law. He is a

n accountant in Oklahoma and has served as municipal counsel for the cities of Pauls Valley Davisand Paoli. Mr Carlton has spoken for various professional groups on estate planning, probate and elder law issueslUKianoma Citylocation)

FREDERICK S. ESSER is apartner in general practice with the Law Center of Akers &Esser PLLC Mr. Esser hasexperience with most types of state and federal litigation, court procedures, hearings and trials. (Tulsa location)CORY B. HICKS routinely does estate planning and administration for clients with awide range of needsand circumstances. He practices primarily ,n the areas of probate, real estate, estate planning, business law

the Oklahoma BarJournal.

RICHARD KENT HOLMES is amember of the Tulsa law firm of Hanson &Holmes. PLC He has been Dracticina law

uuslZL "If including trusts, special needstrusty wlls, durable power of attorneys, living wills, taxes, probates, and business organizations, includingcorporations, limited partnerships and limited liability companies, (Oklahoma City location)JERRY E. SHILES is the managing membe; of the Oklahoma City law firm of Parman &Easterday, where his

"'i ' probate and trust administrationHe has pub shed numerous articles and treatises and also 1$ aco-author of the Oklahoma Bar Association'sFamily Law Section Practice Manual and co-author of the book. Estate Planning Basics:ACrash Course inSafeguarding Your Legacy. (Oklahoma City and Tulsa locations)

^ '''-l-C. she 'epsesems dienis in probateadminrslration, estate planning and administration, elde, law. guardianship law, and family law (Tuisc location)Detailed biographies can be found on our website atwww.nbi-sems.com.

WHO SHOULD ATTEND,This basic-to-intermediate level two-day seminar is designed for;

.'Attorneys • Estate and Financial Planners . Trust Officers• Paralegals . Accountants , . jaxPreparers

<;fminar QVERVIW

ADetailed Overview of Estate Planning Procedure and Strategy

planning techniques -register today!. Get two full days of estate planning training, so you can help clients protect

and transfer assets exactly asthey intend.. Get practical will and trust drafting skills to speed up the process

and give the testator's last wished power,. staveoffconflictsoflnterestwithadeardeterminationofwhoyourdientisfromthesiart.. Explore the pros and cons of using arevocable living trust in the will's stead

and find out whenit's a betteroption.

. Explore the functions and mechanics of major trust structures -and make certain you choose the right tool for each job,

. Give each provision full power with precise word choices -get sample forms tospeed up the process,

. Make sure your remarried and unmarried clients know the default inheritance lawsand help them make sure the right beneficiaries are assigned,

. Minimize the taxable estate with effective tax planning techniques,

. Phrase the fiduciary and beneficiary designations to leave no room for interpretation. ^

. Help your clients make the tough medical decisions regarding long-term care,end-of-life and organ donation,

. Learn how to verify and document thetestator's competencytoclose thedoor on any potential will contests.

CREDIT INFORMATIONThe specific continuing education creditls) listed are for attending the live seminarFor detailed credit information, please contact us at 866-240-1890 or visit us at nbi-sems,com,

CLE -14 5•This course has been approved by the Oklahoma Bar Association Mandatory ContinuingIegal Education Commission for 14.5 hours of CLE credit, which includes 1.0 hour of legal ethics,Technology-Based credit is available for tfie recording +manual.Financial Planners -14.0 -This program has been accepted by the Certified Finariciai Planner Boardof Standards Inc and qualifies for 14,0 hours of CE credit for CFP" Certificants.The Certified FinancialpLnneltd of Standards Inc. owns .he oertification marks CFP- CERTIFIED FINANCIAL PLANNER"and CFP- (with plaque design) and CFP' (with fiame design) in rhe US. which it awards to individualswho successfully complete initial and ongoing certification requirements,CPE for Accountants/NASBA -14.0 •Aporoved for up to 14,0 CPE credits in these fields of study:Taxes Specialized Knowledge, Behavioral Ethics, For detailed credit information and learning objectiveson this course, visit nbi-serns.cor:i and enter product #77443 in the Express Registration box.

Register Today! 800-930-6182 oRwww.nbi-sems.com