The Best Ideas of 2011

Date: Monday, May 2, 2011
Time: 4:30 PM - 8:30 PM
Location: The Newport Aquarium
Speaker: Panel of Presenters

The Cincinnati Estate Planning Council and The Greater Cincinnati Foundation are pleased to once again host the annual Best Ideas presentation on Monday, May 2, 2011.

This very popular event will feature seven 12-minute presentations, followed by roundtable discussions hosted by each speaker who will have an opportunity to go into greater depth regarding their topic. We will have two 15-minute roundtable sessions and a third session combined with networking.

Cocktails, hors d'oeuvres and networking will take place after the event at which time we will also have excusive access to the aquarium exhibits. And don't miss seeing one of our own in the shark tank!


Robert Buechner, Buechner Haffer Meyers & Koening Co., LPA
Productive Roth Conversion Idea
This presentation will propose a strategy of multiple, systematic Roth IRA conversions at the beginning of each year, followed by recharacterization of investments that do not perform to a desired level, in order to maximize the impact on tax planning. When put into play over an extended period of time, this successfully-executed strategy would yield substantial tax savings to the investor.

Margaret Johnson & Carter Ruml, PNC Wealth Management
Defined Value Formula Clauses
"Defined value clauses" are often used in grantor trust sales, in anticipation of transfer tax valuation issues that may arise on audit. This presentation will discuss certain recent developments in judicial treatment of defined value clauses, including Estate of Petter v. Comm'r, T.C. Memo. 2009-280, 2009 WL 4598137 (U.S. Tax Ct. 2009), a well-reasoned opinion that discusses the distinction between invalid "savings" clauses and valid "formula" clauses. The presentation will also discuss drafting considerations in writing formula clauses.

Kathy Laverde, Fifth Third Securities
Policy Review & Why It's Important
Kathy will discuss various reasons why it is important for clients to review their existing life insurance policies. Many clients have had their financial plans/portfolios reviewed and adjusted as a result of the economic downturn, but don't realize how this may have affected their current life insurance policies. There are policies that may be at risk of lapsing due to lack of performance on their cash value, high interest loans being created against cash values to pay for premiums or sometimes just lower premiums for the same coverage.

Daniel McKinney, McKinney & Namei Co., L.P.A.
Estate Planning for Employee Benefit Plan Benefits after QDRO
This presentation will provide a description of the estate and financial planning challenges surrounding ERISA retirement and welfare plan benefits which have been involved in a divorce. Analysis under common fact scenarios of the bitter fights over plan benefit dispositions among the "players" who normally are the plan participant, first, second and later spouses, minor or adult children and even creditors. Discussion of the often overlooked effect of ERISA preemption of state laws on estate plans. Focus on the all important, recently updated QDRO and other divorce court orders, separation and prenuptial agreements, which often are treated as QDROs by the federal courts, and the surprises encountered when working with them. Illustrations of the frequent post mortem QDRO even many years after the participant has died. Common sense, practical estate planning practice pointers designed to avoid traps and malpractice in a very difficult and and uncertain legal arena. Citation of 8 actual cases that illustrate the difficulties in predicting the value of ERISA plan benefits, which of the players will receive them, when and for how long. Finally, to help understand the unintelligible ERISASpeak, a 16 item Glossary of ERISA plan technical terms.

Michael Napier, Horan Securities, Inc.
Net Unrealized Appreciation - 401(k) Distribution Tax Strategy
Michael will be discussing the use of the Net Unrealized Appreciation (NUA) tax strategy. He will explain how the strategy works (advantages/disadvantages) and other considerations such as NUA for Beneficiaries and Heirs.

Josh Shapiro & Laura Raines, First Financial Bank
Proper Application of Trust Terms from a Trustee's Perspective
This presentation will discuss professional trustee's perspective on the proper application of common trust terms. The discussion should provide audience members with insight of how certain trust terms are interpreted and applied by a professional trustee. As a result, audience members should gain a better understanding of the consequences related to the use of certain trust terminology and how to better assist their clients achieve their testamentary objectives through proper consideration and drafting of legal documents.

Pat Weber, Barrett & Weber
Unusual or Non-Cash Gifts to Charity
This presentation will focus on structuring and timing gifts to charity of non-cash assets, including real estate, closely-held stock, LLC Membership Interests, Partnership Interests, Life Insurance/Annuities, Collectibles and Art.

Event Information:

Date: Monday, May 2, 2011

4:00pm-4:30pm Registration
4:40pm-6:30pm Presentations
6:30pm-7:00pm Happy Hour
7:00pm-8:30pm Cocktails, Hors D'oeuvres & Networking
Attendees will have exclusive access to aquarium exhibits after 7:00pm

Meeting Cost: $45.00 Per Person
The Newport Aquarium
1 Aquarium Way
Newport, KY 41071-1679
A parking pass will be emailed to all registered attendees prior to the event.

Registration: Register below by clicking RSVP NOW

Payment: You may pay online with Visa/MC or mail check to:
                     Cincinnati Estate Planning Council
                     4010 Executive Park Dr., Suite 100
                    Cincinnati, OH 45241

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