Stay tuned! Our next seminar will be coming this fall!

Truman Heartland Community Foundation provides unique educational opportunities for professional advisors, attorneys, accountants, and other financial planners. Held twice each year, our seminars provide continuing education credits and cover timely topics that are important to you and your clients.

PA Seminar logo

May 9, 2023, 2024
9:00 to 11:30 a.m.

TOPIC 1: Leaving a Legacy: Donor Advised Funds and Private Foundations

Learning objectives:

  1. General discussion of when establishing a donor advised fund or creating a private foundation may be advisable.
  2. Analysis of steps and decisions involved in creating and funding both a donor advised fund and a private foundation.
  3. Discussion of how retirement assets may be used in connection with donor advised funds and private foundations.
  4. Discussion of tax aspects involved when gifting to donor advised funds and private foundations.
  5. In-depth comparison of donor advised funds to private foundations, focused on administrative simplicity, tax benefits, donor control, and privacy considerations.

TOPIC 2: You’ve Been Served: Top Ten Questions a Beneficiary and Their Advisors Should Ask When Receiving an Inheritance Where Litigation Is Involved

Learning objectives:

  1. Explanation of the phases of a trust and estate lawsuit, such as pleadings, case management deadlines, discovery, mediation, dispositive motions, trial, and appeal.
  2. What are a beneficiary’s rights to a trust or estate accounting, how to ask, and how to respond to objections.
  3. Steps to take upon learning that you’ve been named as a beneficiary of an IRA or other tax-qualified plan and applicable deadlines to keep in mind.
  4. Review of attorney-client privileged communications and which types of correspondence are likely to be produced in the discovery phase of a lawsuit.
  5. Discussion of common types of trust and estate litigation cases such as breach of trust, breach of fiduciary duty, undue influence, lack of capacity and relevant evidence used to prove these types of cases.

Joseph D. Growney and Justin W. Whitney, both experienced estate planning and transactional attorneys with Lathrop GPM LLP, employed a case study approach to examine estate planning and charitable gift planning strategies for clients with retirement assets and closely held businesses.

Their presentation was of special interest to financial advisors, who are often the first professionals consulted to address these needs.

MO Bar CLE and CFP Board credits were available.