8:00 am – 9:00 am
Dealing With Nearly Incapacitated Elderly Clients and Their FamiliesA review of current cases and the hot button issues concerning working with nearly incapacitated elderly clients and their families. Gain valuable insights into how the medical profession determines the different types and stages of capacity or the lack thereof and how the legal profession objectively and ethically evaluates the cases before them.
ARNOLD H. GOLD, Judge (Ret.) Former Presiding Probate Judge
DAVID TRADER, M.D., Ph.D
ALAN T. YOSHITAKE, Attorney
9:00 am – 9:15 am / Questions and Answers
9:15 am – 10:30 am
All You Wanted to Know About Crummey Notification, but Were Afraid to AskA comprehensive review for all wealth transfer advisors of the use of crummy powers in irrevocable trusts and proper crummey notification. Learn about the pitfalls of non-compliance and the best practices in an area that is widely misunderstood.
ANDREW M. KATZENSTEIN, Attorney
10:30 pm – 10:45 pm / Break
10:45 am – 11:45 am
Current Trends in Life Insurance Planning and Private Placement InsuranceA walk through the world of life insurance planning with one of the country’s leading experts. Keep abreast of the most current trends and learn about the best kept secret in the business – private placement insurance. Understand how private placement insurance can be negotiated to afford your clients huge savings.
JON GALLO, Attorney
RICHARD KAGAN, CLU
11:45 am – 12:00 pm / Questions and Answers
12:00 pm – 1:30 pm / Luncheon: Tax Policy and Recent Developments Affecting Business Locally and Abroad
NEIL ABERCROMBIE, Governor, State of Hawaii
1:30 pm – 2:20 pm / Tracks
Please make your track selection
FIDUCIARY TRACK
The Impact of Dodd–Frank Act on Private Trustees: A Guide for Practitioners and Their Clients to Avoid “Investment Advisor” Status
The Dodd-Frank Act has changed the playing field for any individual acting as a trustee, including family members, friends, accountants and attorneys. Learn how any individual who exercises discretionary, decision-making authority over securities is captured by the Investment Advisor Act and may need to register as an investment advisor.
CHRISTOPHER M. REIMER, Attorney
FINANCIAL & TAX TRACK
Dealing With the Common Management Issues Arising From Family Limited Partnerships and LLCs
Review the various issues that arise when there is common management in a family limited partnership or LLC. This session will focus on (i) tax issues related to distributions of assets to the partners/members; (ii) allocation issues in terminating the interest of a partner/member; (iii) transfer of interests where the entity debt exceeds a partner/member basis; (iv) contribution of assets after formation of the entity; and (v) problems related to failure to pay a preferred return on a preferred interest.
HARMON A. BROWN, Attorney
TERESA MARX, Attorney
LIFE INSURANCE TRACK
Creative Use of Life Insurance, Product Design and Tax Efficient Funding StrategiesExplore various creative uses of life insurance in transferring wealth and protecting assets. Learn about product design issues and how to maximize tax efficiencies in the different funding strategies.
ROBERT J. KELLY, JR., CFP
KYLE DEVRIES, CLU
2:20 pm – 2:30 pm / Questions and Answers
2:30 pm – 3:30 pm / Tracks
Please make your track selection
FIDUCIARY TRACK
Back By Popular Demand – Words of Wisdom; How to Become a
Complete Wealth Transfer AdvisorThis wrap up session was presented last year and is back by popular demand. This nationally acclaimed speaker will touch upon the many issues addressed throughout the week but will focus on the essentials, ethics consideration and secrets of the wealth transfer advisor’s client relationship. Learn from this nationally acclaimed speaker with over 40 years experience in what clients really want and expect from their Wealth Transfer Advisors.
ROY M. ADAMS, Attorney
(Presented Remotely)
FINANCIAL & TAX TRACK
Recent Developments and Trends in Hawaii’s New Estate Planning Initiatives Including the Hawaii Estate Tax
An update and discussion of recent developments of Hawaii’s new wealth planning and tax laws, including the laws relating to the Hawaii estate tax. Learn how to deal with the recent changes.
KURT K. KAWAFUCHI, Director (Fmr.) State of Hawaii Department of Taxation
CURTIS SAIKI, Attorney
DOUGLAS C. SMITH, Attorney
LIFE INSURANCE TRACK
Life Insurance ValuationsA fascinating and comprehensive analysis of how life insurance is valued. Learn the behind the scenes techniques and methodologies used to unlock the mystery.
RANDY L. ZIPSE, Attorney
