Annual Professional Advisor Continuing Education Seminar | Advisor Event

Date and Time

Thu, October 6, 2022
8:00am - 10:00am EST

Location

Virtual
Virtual

Tax-Smart Charitable Giving, Especially with Retirement Assets

with Professor Chris Hoyt, JD

Join us virtually for the 2022 Professional Advisor Continuing Education event: Tax-Smart Charitable Giving, Especially with Retirement Assets.

In this exciting presentation, Professor Chris Hoyt will discuss charitable giving and retirement assets. He will explore why it has become more challenging to receive tax benefits from charitable gifts after 2017 as well as the benefits of donor-advised funds, qualified charitable contributions, tax-exempt charitable remainder trusts and more. You will learn to help your clients and grow your practice using charitable planning with special retirement tips.

Key Take-Aways:

  • Discover why it has become more challenging to receive tax benefits from charitable gifts after 2017
  • Review donor-advised funds and the strategy of “bunching” gifts
  • Learn why charitable gifts of appreciated stock are usually better than cash
  • Review qualified charitable contributions – lifetime charitable gifts from IRAs
  • Go over the tax hazard to avoid: IRA deposits after age 70 ½ affect QCD benefits
  • Learn about inherited IRAs and the explanation of new laws for ten-year liquidation
  • Review exceptions to when distributions can be made over more than ten years
  • Learn more about tax-exempt charitable remainder trusts (CRT), such as the beneficiary of an IRA, when a family can have more wealth with a CRT, and the steps to naming a CRT including legal requirements & practical planning issues

Our speaker:

Christopher Hoyt, JD is a Professor of Law at the University of Missouri (Kansas City) School of Law where he teaches courses in the area of federal income taxation, charitable organizations and retirement plans.  He received an undergraduate degree in economics from Northwestern University and he received dual law and accounting degrees from the University of Wisconsin.

Professor Hoyt has served as the Vice-Chair of the RPTE Charitable Group and he serves on the editorial board of Trusts and Estates magazine. He is an ACTEC fellow and has been designated by his peers as a “Best Lawyer.” He was elected to the Estate Planning Hall of Fame by the National Association of Estate Planners & Councils.

For additional information on this program and CE credits, please email Pragya Murphy at pmurphy@cnycf.org.

TO REGISTER FOR THIS EVENT, YOU MUST FIRST CREATE A FREE ZOOM ACCOUNT USING YOUR EMAIL ADDRESS.

2 hours of continuing education credit are APPROVED for the following:
• Certified Financial Planners (CFP) provided by Financial Planning Association (FPA) of CNY
•Continuing Legal Education (CLE) provided by Mackenzie Hughes LLP (Mary Anne Cody, Esq., Program Moderator) –   Difficulty of the course is appropriate for both newly admitted and experienced attorneys. Credits are in the category
of Areas of Professional Practice.
• Continuing Professional Education (CPE) provided by Bonadio & Co., LLP – see below

2 hours of continuing education credit are PENDING for the following:
Life & Health Insurance Certification (CE) provided by Posh Educational Center Provider #NYPO-100195

Bonadio & Co., LLP – NASBA Sponsor # 112853
Learning Objectives: After this course, participants will be able to:

  • Review strategies available to help clients take advantage of these special one-time opportunities.
  • Learn the latest words, phrases and conversation strategies that are most effective in communicating with donors during times like this.
  • Learn how to provide tremendous benefit to clients, while improving their assets with charitable planning.
  • Topics will include gifts from retirement plans, gifts of appreciated assets, the use of private foundations and life insurance.

Program Level: Update
Prerequisites: N/A
Advanced Preparation: N/A
Instructional Delivery Method: Group Internet-Based (ZOOM)
Recommended CPE Credits: 2 CPE, Taxes

Refund/Cancellation Policy (if applicable): If a program must be canceled, Bonadio & Co., LLC will notify all registered participants as soon as cancellation is known by e-mailing the address registered. Bonadio & Co., LLC will also put a notice of cancellation on its website for courses offered to outside participants. If the program is canceled, a full refund will be issued. If a participant cancels prior to the published registration deadline for the event, a full refund will be issued.

Complaint Policy: For each program, Bonadio & Co., LLP will provide the contact information for the presenters and reviewers and communicate that all questions, concerns, or complaints be directed here. Bonadio & Co., LLP will reply to all such communications in a timely fashion. For more information regarding administrative policies such as complaint and refund, please contact our Professional Excellence Division at (585) 662-2228.

NASBA Statement: Bonadio & Co., LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

A certificate of attendance will also be provided for PACE reporting for CAP, ChFC and for other self-reported continuing education such as CWS designations. CLE credits will be awarded by Mackenzie Hughes LLP, a NYS CLE Accredited Provider; CPE credits will be provided by Bonadio & Co., LLP. Nonmembers of the Financial Planning Association will need to provide their CFP number and the last four digits of their social security number at the time of the event to receive CFP continuing education credits.

For additional information on this program and CE credits, please email Pragya Murphy at pmurphy@cnycf.org.

TO REGISTER FOR THIS EVENT, YOU MUST FIRST CREATE A FREE ZOOM ACCOUNT USING YOUR EMAIL ADDRESS.