30th Annual Professional Seminar

Retirement Accounts: Planning Optimal Outcomes for Family and Charitable Objectives

Christopher R. Hoyt (J.D. University of Missouri - Kansas City School of Law) He teaches courses in the area of federal income taxation, business organizations, retirement plans, and tax-exempt organizations at University of Missouri – Kansas City School of Law. Previously, he was with the law firm of Spencer, Fane, Britt and Browne in Kansas City, MO. He received an undergraduate degree in economics from Northwestern University and dual law and accounting degrees from the University of Wisconsin.

He is currently the chair of the American Bar Association’s Committee on Lifetime and Testamentary Charitable Gift Planning (Section of Probate and Trust) and serves on the editorial board of Trusts and Estates magazine. He is a frequent speaker at legal and educational programs and has been quoted in numerous publications, including The Wall Street Journal, Forbes, MONEY Magazine, and The Washington Post.

CFWNC’s 30th Annual Professional Seminar will focus on the retirement accounts and planning optimal outcomes for family and charitable objectives. Christopher Hoyt, Professor of Law at University of Missouri - Kansas City School of Law will inform on the common situations faced by estate planners when handling retirement assets for first and second marriages, solutions to common obstacles, and legal requirements for IRA or 401(k) assets payable to children from a prior marriage. He will also inform on how to plan for the end of the inherited stretch IRA, including: describing the various provisions of the SECURE Act and how they will affect taxpayers, analyze the new rules for liquidating inherited retirement accounts, provide advice on changes that may be needed to existing trust documents, and examining the circumstances where naming a tax-exempt charitable remainder trust as the beneficiary of a retirement account will provide favorable tax outcomes. The program will summarize the best way to get savings from charitable gifts under current tax laws, including “bunching gifts,” using appreciated stock and making donations from an IRA.

Continuing education credit is approved or pending approval for the following.

  • NC State Bar, Board of Continuing Legal Education (CLE) - Approved for 3.0 hours CLE (General).
  • Certified Financial Planner Board of Standards (CFP) - Approved for 3.5 hours. Sponsor ID #3367; Program ID #300489.
  • NC Department of Insurance (11 NCAC 06A.0809) (ICEC) - Approved for 3.0 hours Insurance.
  • Certified Trust and Financial Advisor (CTFA) - ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. This course has been approved for 3.75 CTFA credits. This statement is not an endorsement of this program or its sponsor. Certification holders must report these credits at aba.csod.com.
  • CFRE International (CFRE) - Approved for 3.0 hours CE.
  • NC State Board of CPA Examiners (CPE) is available for self-reported credits. For NC licensed CPAs, this course is intended to meet the requirements of 21 NCAC 08G .0400.

2022 Sponsors

Bay Point Wealth Management

Beacon Pointe Advisors

Begley Law Firm, P.A.

Colton Groome Financial

Davis Financial Planning

Deutsch & Gottschalk, P.A.

DHG Wealth Advisors LLC

First Citizens Wealth Management

Garlock & McKinney, P.C.

Gilreath Shealy Law, PLLC

Goldsmith Molis & Gray PLLC

Gould Killian CPA Group, P.A.

HomeTrust Bank

JPS

Kenneth Youngblood, Attorney

Little and Lattimore, P.A.

McGuire, Wood & Bissette, P.A.

Merrill Lynch

Parsec Financial Management, Inc.

Patla, Straus, Robinson & Moore, P.A.

R. Walton Davis III P.A.

Roberts & Stevens, P.A.

Strauss Attorneys, PLLC

The Van Winkle Law Firm

Ward and Smith, P.A.

Worley, Woodbery & Associates, PA