INTEGRATING RETIREMENT ACCOUNTS & SOCIAL SECURITY BENEFITS INTO ESTATE PLANNING
Live In-Person Seminar
ITEM #:  1048492501   |   EVENT CODE:  510381 - PENDING
MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

MINNEAPOLIS

Thursday, July 25, 2024

9:00 AM - 4:10 PM   |   Check-In:  8:30 AM

Minnesota CLE Conference Center

600 Nicollet Mall # 370

3rd Floor, City Center

Minneapolis, MN 55402

Integrating Retirement Accounts and Social Security Benefits into Estate Planning

Essential Strategies and Tips to Optimize Assets


Topics Include:

  • Understanding the Impact of the SECURE Act 
  • Navigating Required Minimum Distribution Rules
  • Planning for Medical Assistance Eligibility
  • And More!


Special Offer on Popular Resources!
Attendees can save $300 on a 1-year subscription to the CLEWills Estate Planning Document System! And, save 30% when purchasing any of these terrific Deskbooks:

  • Drafting Wills & Trust Agreements with eFormbook
  • Minnesota Family Law Financial Deskbook with eFormbook
  • Elder Law Handbook

8:30 – 9:00 a.m.
CHECK-IN & BREAKFAST


9:00 – 9:05 a.m.
WELCOME & INTRODUCTIONS
– James T. McNary, Course Chair


9:05 – 10:05 a.m.
Coordinating Retirement Accounts in Estate Planning
Coordinating all your client’s resources in meeting their retirement spending needs, while also managing them effectively to control the tax consequences, can ultimately enhance both your client’s retirement and estate outcomes. Gain a better understanding of how your client’s assets will flow, both for their retirement and then to their heirs.
– Philip J. Ruce


10:05 – 10:35 a.m.
4 Key Tips for Naming Beneficiaries for Retirement Accounts
This session will provide tips and best practices for naming primary and contingent beneficiaries on retirement accounts. Topics will include:

  • Naming a spouse as the beneficiary
  • Naming children as beneficiaries
  • Naming a spouse and another beneficiary
  • Choosing alternate beneficiaries

– Alison J. Midden


10:35 – 10:45 a.m.
BREAK


10:45 – 11:30 a.m.
Navigating the Required Minimum Distribution (RMD) Rules
Funds held in retirement accounts cannot be kept there indefinitely. The required minimum distribution (RMD) is the minimum amount you must withdraw from your accounts each year once you reach a certain age. This session will cover:

  • When withdrawals must begin
  • How to calculate the RMD
  • The withdrawal rules and penalties for failing to comply
  • A summary of the SECURE Act’s impact on retirement plans

– Nate Ahlberg & Andy Kuhl


11:30 a.m. – 12:00 p.m.
Retirement Accounts and Their Impact on Medical Assistance Eligibility
Careful estate planning is required to ensure retirement accounts don’t count as an available asset and affect a client’s Medical Assistance eligibility. This session will provide an overview of the Medical Assistance rules as they pertain to retirement accounts and discuss practical tips for advising your clients on their best course of action under common circumstances.
– Mary Frances Price


12:00 – 12:45 p.m.
LUNCH BREAK (on your own)


12:45 – 1:45 p.m.
SECURE Act: Rethinking Estate Planning with Retirement Accounts
This session features an updated analysis of the continued impact of the SECURE Act on post-death distributions from qualified retirement accounts and will explore various planning strategies and options to effectively structure these distributions for your clients.
– Bryan Jamison


1:45 – 1:50 p.m.
BREAK


1:50 – 3:05 p.m.
Answers to Tough Questions About the Intersection of Social Security Benefits, Retirement Planning and Estate Planning
For many clients, Social Security benefits play an important role in their overall retirement plan. This session will provide an overview of Social Security, including retirement benefits for the worker, spousal benefits and survivor benefits, and give helpful guidance for advising clients on retirement decisions and estate planning.
– Brian Rudolph & Rhonda Whitenack


3:05 – 3:10 p.m.
BREAK


3:10 – 4:10 p.m.
Strategies for Including Social Security and Retirement Benefits in an Estate Plan – A Scenario-Based Discussion
Join a panel of experienced estate planning attorneys in this scenario-based session as they discuss what planning they would recommend for various circumstances. Learn advanced estate planning tips and explore what strategies may help your clients maximize their assets.
– Callyn T. Bedker, Phillip J. Ruce & Ivory S. Umanah
– James T. McNary (moderator) 

LIVE IN-PERSON
Thursday, July 25, 2024
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota

ONLINE REPLAYS
Wednesday, August 14, 2024
Monday, September 9, 2024
Attend online
A moderator will be available to answer questions by email.

$295 MSBA members / $295 paralegals / $345 standard rate

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.

MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
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