Speaker: Maurice Offit, Principal, Offit Kurman, P.A.

Gain practical knowledge to engage in meaningful discussion with regard to whether Revocable Living Trusts would be an appropriate estate planning tool.

Session highlights:

•  Discussion of Revocable Living Trusts
• Pros of using Revocable Living Trusts
• When should they be used?
• What are the advantages of using Revocable Living Trusts?
• Cons of using Revocable Living Trusts
• When is it not appropriate to use them?
• What are the disadvantages of using Revocable Living Trusts?

This session has been pre-approved for 1 CFP Credit.

Speaker: Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC, RHU, REBC, CASL, Chief Financial Planning Nerd at Kitces.com

For long-term investors, the reality is that even if markets are volatile for a period of time, as long as the portfolio stays invested, returns can average out in the long run. In the case of retirees, however, ongoing spending withdrawals introduce the possibility that if the portfolio experiences weak returns early on, it could be depleted entirely before the good returns finally show up. As a result, retirees must consider this “sequence of returns” risk when planning for retirement, and strategies to manage it, from reducing spending in the first place, to engaging in more dynamic asset allocation to reduce risk exposure, or dynamic spending strategies to adapt spending withdrawals to market changes along the way!

This session has been pre-approved for 1 CFP Credit.

Speaker: Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC, RHU, REBC, CASL, Chief Financial Planning Nerd at Kitces.com

The natural appeal of a Roth-style retirement account is the potential for tax-free growth for life. However, the reality is that creating a Roth account has a “cost” – the upfront tax liability of contributing to (or converting into) the account, which is avoided with a traditional pre-tax IRA or 401(k). As a result, optimal Roth strategies involve not merely contributing to or converting into Roths, but managing the timing and leveraging the available tax law to maximize the strategy. In this session, we explore techniques to maximize Roth contributions, including so-called “Backdoor Roth” IRAs and “Mega Backdoor Roth” 401(k) strategies, and leveraging the Roth recharacterization rules to optimally fill lower tax brackets, and be able to ensure that an investment in a Roth has a positive return before being required to commit to it!

This session has been pre-approved for 1 CFP Credit.

Speaker: Ellen Platt

Understand the differences and nuances of various levels of care, what to look for when you are searching and what do they cost?

Session Highlights:

• Independent Living
• Assisted Living
• Memory Care
• Skilled Nursing
• Continuing Care Retirement Community
• Respite
• Rehabilitation
• Hospice

This session has been pre-approved for 1 CFP Credit.

Speaker: Kevin Bress

Some very interesting changes in Federal and Maryland law occurred in 2020 that will undoubtedly impact many of your clients. This session will highlight a few of them and will offer some creative “work arounds” for clients to consider.

Session highlights:

• Anticipating changes to the Federal Estate and Gift Tax regime
• Maryland’s New Spousal Share Law – Will Litigation Floodgates Open?
• Secure Act upends traditional estate planning with trusts as beneficiary
• Common Law Marriages in Maryland – Who Knew They are Enforceable?

This session has been pre-approved for 1 CFP Credit.

Speaker: Tim Kelly

In this course you will learn how to guarantee long term care coverage for your clients regardless of their health. In today’s market, there are a large number of different LTC solutions available and many are unknown by your clients. Based upon your client’s health, wealth, and preferences you will be able to provide the solution that guarantees the greatest amount of insurance leverage.

Session highlights:

• Start the discussion with Fact Finding.
• Health, Wealth, and Preferences are the key factors in determining the best solution.
• The health continuum and what solutions are most suitable.
• The different LTC solutions and how do they work.
• How do you help your uninsurable clients?

This session has been pre-approved for 1 CFP Credit.