What You Do Not Know Can Hurt You: Issues Confronting Professional Fiduciaries

Tuesday, October 7, 2014
8 a.m. – 4:30 p.m.

Union League Club of Chicago
65 West Jackson Boulevard
Chicago, IL 60604

Download all of the presentation materials. Individual presentations can also be accessed in the agenda below.
   
AGENDA PDF version of agenda
   
8 – 9 a.m. Registration and Breakfast
   
9 – 9:05 a.m. Welcome and Introduction
Charles D. Fox, Partner, McGuireWoods LLP
   
9:05 – 10:00 a.m. Recent Developments In Tax
Ronald D. Aucutt, Partner, McGuireWoods LLP
William M. Long, Partner, McGuireWoods LLP
Charles D. Fox, Partner, McGuireWoods LLP

Presentation:
Recent Developments

   
10:00 – 10:30 a.m. Investment Decisions Including Issues with Closely Held Businesses Facing Trustees
John B. O’Grady, Partner, McGuireWoods LLP
William I. Sanderson, Attorney, McGuireWoods LLP

Presentation:
Investment Decisions Facing Trustees Including Issues with Closely Held Businesses

   
10:30 – 10:40 a.m. Break
   
10:40 – 11:15 a.m. Income Tax Issues With 3.8% Supplemental Tax
William M. Long, Partner, McGuireWoods LLP
William I. Sanderson, Attorney, McGuireWoods LLP

Presentation:
Planning for the Net Investment Income Tax

   
11:15 a.m. – 12 p.m. Administrative and Regulatory Update – Oversight Ratchets Up Yet Again
Becky T. Kelly, Partner, Fiduciary Education Center, LLC
Roger Pond, Partner, Fiduciary Education Center, LLC

Presentation:
Administrative and Regulatory Update Oversight Ratchets Up Yet Again

   
12 – 1 p.m. Lunch Presentation
Russell W. Sullivan, Partner, McGuireWoods LLP
   
1 – 2:15 p.m. Fiduciary Litigation Update
Sean F. Murphy, Partner, McGuireWoods LLP
John B. O’Grady, Partner, McGuireWoods LLP
Marta A. Stein, Partner, McGuireWoods LLP

Presentation:
Recent Developments In Fiduciary Litigation

   
2:15 – 2:25 p.m. Break
   
2:25 – 3:05 Defining a Trust
Ronald D. Aucutt, Partner, McGuireWoods LLP

Presentation:
What Is a Trust?

   
3:05 – 3:35 p.m. International Tax and Legal Issues Affecting Trustees and Trust Beneficiaries
Hed Amitai, Partner, McGuireWoods London LLP

Presentation:
Trustee Responsibility to the Internationally Mobile Beneficiary

   
3:35 – 3:45 p.m. Break
   
3:45 – 4:45 p.m.

 

Ethical Considerations for Professional Fiduciaries
Sean F. Murphy, Partner, McGuireWoods LLP
William I. Sanderson, Attorney, McGuireWoods LLP
Thomas E. Spahn, Partner, McGuireWoods LLP

Presentations:
Ethical Hypotheticals For Fiduciaries
Ethical Concerns for Trust Officers

   

For more information: Karna Pruiett 312.849.8137.