East Side Breakfast - So There is this New Tax Law, What Does an Estate Planner Do Now? sponsored by Wellspring Financial Advisors
About the Program
One of the fastest growing industries in the country could end up being the legal profession, and a portion of this growth will be due directly to clients needing help on the law informally known as the Tax Cuts and Jobs Act, signed into law in December 2017. Most every provision of the extensive tax legislation is now in effect. By volume, very little of the Act resulted in changes to the estate and gift tax system (although those changes were significant). However, there are scores of new rules in the Internal Revenue Code that one way or another will have some impact on the clients of estate planners, and the tax obligations of the professional advisors themselves. Rather than recite what changes were made in the new law, the presentation will key in on certain aspects of the changes, what actions should be considered, and ideas to be thinking about. Particular focus will be on items of most interest to estate planning advisors. Then again the alternative is to recite each day “this too shall pass” and ignore the whole thing for eight years until the sunset provisions kick in.
About the Speaker
Scott Swartz is General Counsel for Wellspring Financial Advisors in Cleveland and has been a practicing attorney for over 25 years. During that span he has focused on counseling families and private businesses on matters involving integrating planning for income and business taxation, estate planning and asset protection. For Wellspring, Scott splits his time between in-house counsel duties and advising Wellspring’s high net worth families. He obtained his bachelor degree with concentrations in accounting and finance from Bowling Green State University, his law degree from Cleveland-Marshall College of Law, and his Master of Laws in Taxation from New York University. Scott has served as an Adjunct Professor of Law in the Graduate Tax Program at Case Western University’s School of Law, and in the Masters of Accounting program at Cleveland State University. He is now teaching a course on financial planning and wealth management at John Carroll University. Scott served two terms on the board of the Estate Planning Council of Cleveland and writes a column on recent tax developments for the National Estate Planning Council’s Journal of Estate & Tax Planning.
Elaine B. Eisner │ 2017-2018 Program Chair
Reservation Policy – All attendees are encouraged to register on or before 02/26/18 and walk-in reservations will be accepted on a space-available basis only. Meeting cost is $25 for members when paid in advance before noon 02/26/18, $40 for members at the door, $40 for guests, and $200 for a table of six (please submit names to firstname.lastname@example.org by 02/23/18). If you reserve and are unable to attend, please call the office to cancel by noon 02/26/18 to avoid a no-show reservation billing.
Continuing Education – EPC Cleveland will request approval for this program from the CFP® Board of Standards for CFP® designation holders and from the Supreme Court of Ohio for Ohio attorneys to receive CLE credit. EPC Cleveland will also request credit from the Ohio Department of Insurance. A certificate of completion will be available for those CTFAs, CPAs, and CWS designees who feel the program satisfies their continuing education requirements.