Estate Planning
Estates, Gifts And Trusts: A Potpourri Of Hot Topics — 3.25 Ohio General Credits

This 3.3-hour October 26, 2009 presentation by Louis A. Mezzullo, Esquire, a partner in the Rancho Santa Fe, CA, office of the Luce Forward law firm, provides a practical explanation of three "hot" developments in estates, gifts and trusts: ROTH IRAs and Accounts, the just-released IRC Sec. 2053 Final Regulations and seven recently-decided FLP/LLC cases.

Major topics include:

Roth IRAs And Accounts

    • why important now: no MAGI limitations beginning in 2010!

    • what is a Roth IRA; differences from regular IRA

    • contribution and distribution rules

    • Roth conversions; recharacterizations; reconversions

    • Roth Accounts

    • who should make a Roth conversion

IRC Sec. 2053 Final Regulations

    • the preamble

    • bona fide requirement

    • court decrees and settlements

    • amounts deductible

    • effect of post-death events

    • claims against the estate

    • examples

Recent Important FLP/LLC Cases

    • Estate of Miller v. Comm.

    • Linton v. U.S.

    • Heckerman v. U.S.

    • Pierre v. Comm.

    • Keller v. U.S.

    • Estate of Murphy v. U.S.

    • Estate of Malkin v. Comm.