Product Description

Attend this advanced program to hear in-depth analysis of estate planning and estate and trust administration with retirement benefits, particularly in light of the passage of the SECURE Act. 

Learn about the options for a surviving spouse who receives retirement benefits. Hear beneficiary designation and “see-through” trust drafting tips, and the effect of the SECURE Act on planning with retirement benefits. Discuss the practical issues that arise when implementing beneficiary designations. Get ideas to fix issues that surface after the owner/participant has died—and learn to recognize and avoid traps for the unwary when administering trusts that hold inherited retirement benefits. 

The presentation assumes the audience already has a basic understanding of the longstanding “stretch-out” rules governing retirement benefits after the death of the owner/participant, and how to leave retirement benefits to a trust in order to obtain the beneficial “see-through” status for the trust and a “designated beneficiary.” Hear the faculty delve into the practicalities of drafting and implementing retirement benefits planning, including the impact of the SECURE Act, which became effective on January 11, 2020. The landscape of estate planning for retirement benefits has changed—make sure your practice is current and strategic. Join the discussion and bring your questions!  

Agenda & Materials

• 9:30 - 9:35 am

  Welcome and Introduction

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  Suma V. Nair, JD, Fiduciary Trust Company , Boston
  
• 9:35 - 10:10 am

  Pre-SECURE Rules and Planning for the Surviving Spouse

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  Sarah M. Allen, JD, LLM, Rice, Heard & Bigelow, Inc. , Boston
  
• 10:15 - 10:50 am

  Changes Made by the SECURE Act and Considerations When Planning for Non-Spouse Beneficiaries

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  Suma V. Nair, JD, Fiduciary Trust Company , Boston
  
• 10:55 - 11:00 am

  Refreshment Break
• 11:00 - 11:40 am

  The Initial "To-Do" List and Deadlines after Someone Passes Away Owning Retirement Benefits

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  Issues that Arise as a Result of Something That Went Wrong in the Planning and Strategies for Addressing Them, Including Tips for How the Problems Could Have Been Avoided

  Sara Goldman Curley, Esq., Nutter McClennen & Fish LLP , Boston
  
• 11:40 - 12:20 pm

  Avoiding Mistakes in Administration: Important Administrative Details, Trust Income Tax Issues, and Trust Principal and Income Accounting

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  Kelly J. Guarino, Esq., Fiduciary Trust Company , Boston
  
• 12:25 - 12:30 pm

  Key Takeaways

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  Panel
  

Chair

Faculty