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Estate Planning and Taxes: How These Two Fields of Law Intersect, and What IT Means For Your Clients - Inland Empire Virtual Chapter Meeting 9.16.20
Wednesday, September 16, 2020, 6:00 PM - 8:00 PM PDT
Category: Chapter Meetings

Estate Planning and Taxes: How These Two Fields of Law
Intersect, and What IT Means For Your Clients
Inland Empire Virtual Chapter Meeting

Date/Time:

Wednesday, September 16, 2020
6:00 PM to 8:00 PM

Location:

Online Meeting via Zoom
This will be Zoom Meeting. Once you register and pay, the Zoom link will be provided for you to log in at the designated meeting time. Zoom does require registration before entering the meeting.

Topic: 

How many of your clients have a revocable living trust? As tax return preparers, we can often separate ourselves from our clients’ personal estate planning. But, the structure of their basic estate plan can have critical impact on their personal income tax returns. The impact becomes even more dramatic for clients who have done advanced estate planning in order to make gifts, transfer businesses, plan for paying estate taxes, provide themselves with asset protection, or otherwise maximize wealth and plan for the future. John K. Bishop, a California attorney practicing in the areas of estate planning and tax law, will be presenting on “Estate Planning and Taxes: How these two fields of law intersect, and what it means for your clients”. John will begin with an overview of the considerations clients make in preparing a basic estate plan: revocable trust, Will, Financial Power of Attorney, and Healthcare Directive. John will then give a flavor of many of the advanced estate planning techniques that are available to clients wanting to make lifetime gifts or generational dynasty trusts, minimize estate tax exposure, or transfer a family business with minimized income tax impact. John’s presentation will have a bend toward the tax impact and tax considerations, leading attendees to understand when they should advise clients on certain transactions and when they should call in an outside expert.

Presenter:

John K. Bishop, Attorney at Law, Master of Accountancy, Taxation

John K. Bishop is a Tax and Estate Planning Attorney. John is a licensed California attorney and a certified specialist in Estate Planning, Trust, and Probate Law by the California State Board of Legal Specialization. He has been admitted to practice before the United States Tax Court. John attended Brigham Young University and obtained a Bachelor of Accountancy, Master of Accountancy (Taxation), and Law Degrees. Both the Marriott School of Business – Accounting program and J. Reuben Clark Law School are highly rated nationally. He was fortunate to be taught by great professors and given a strong educational foundation for his career. John enjoys working with clients of all net worth but has a particular specialty in working on complex and high-net-worth matters. His dual training in Law and Tax Accounting gives him the tools necessary to tackle any kind of trust or tax matters. John’s personal hobbies include playing and watching golf, walking, Disneyland with family, and attending his kids’ sporting events. His family is his greatest joy. His wife, Chantalle, and he were both raised in the Bay Area and moved their family to Oceanside in 2019. They are proud parents to four wonderful kids: Zachary, Elizabeth, Jared, and Charlotte.

CPE Information:

2 Federal Tax Law Hours
CTEC: 1000-CE-4765
IRS: 18QC1-T-01372-20-O

Intermediate (Basic knowledge helpful) 

Cost:

Member Registration Fee $0
Non-Member Registration Fee $30

Registration:

Please register below
Contact Phone Number: 951.836.3006

 

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.


Contact: Inland Empire 951 836-3006