2017 Sessions

7:30 AM to 8:30 AM

Continental breakfast is served.

8:30 AM to 10:00 AM

Professor Edward A. Morse

An introduction and overview of gross income topics; tax accounting developments; deductions; corporations/partnerships; procedural/administration; and international, employment, and legislation

10:00 AM to 10:15 AM

Refreshment Break

10:15 AM to 11:15 AM

Stephanie Loomis-Price

This session will provide practical tips with some discussion on recent developments in audits and case law related to creation and maintenance of family limited partnerships.

11:15 AM to 12:15 PM

Stephanie Loomis-Price

This session will provide practical tips with some discussion on recent developments in audits and case law related to privileges applicable to estate planning, with a particular focus on planning with family limited partnerships.

12:15 PM to 1:15 PM

Luncheon – included with registration

1:15 PM to 2:15 PM

Stephanie Loomis-Price

This session will provide guidance to estate planning attorneys in reading and commenting on valuation reports, with a focus on assisting readers in refining appraisals to ensure that gift, estate, and generation-skipping transfer tax returns are prepared in a manner that is most defensible in audit and in court, if need be.

2:15 PM to 3:15 PM

Jeffrey Kummer

The Trump Administration and a Republican-controlled Congress have begun work on reform of the U.S. tax system.  This session will compare President Trump’s reform priorities with those of congressional Republican leaders and look at the prospects for action in 2017 on issues such as the corporate statutory rate, reform of U.S. international tax rules, changes to depreciation rules offset by the potential loss of interest deductibility as well as individual tax reform measures.

3:15 PM to 3:30 PM

Refreshment Break

3:30 PM to 4:30 PM

Thomas P. Ward, Carol A. Harrington
  • Purposes, Roles and Responsibilities of a Family Office
  • Organization Structure and Governance Consideration
  • Operational and Compensation Considerations
  • Other Considerations

4:30 PM to 5:30 PM

Timothy L. Moll

A longtime mainstay of the Institute:  a comprehensive review of current developments in estate and gift taxation with an emphasis on planning implications

5:30 PM

Recess and Cocktail Reception Sponsored by BKD CPAs and Advisors

8:15 AM to 9:45 AM

Nicholas K. Niemann

Current state and local tax and incentive developments.  Nebraska, Iowa plus national highlights.  Impact on planning strategies, adults and appeals for existing and startup companies.  A look ahead at possible legislation.

9:45 AM to 10:00 AM

Refreshment Break

10:00 AM to 12:00 PM

Lawrence Brody

This presentation will discuss and analyze the top 30 life insurance planning mistakes made in connection with a client’s estate planning, focusing on mistakes relating to:

  • Policies with loans
  • Policies transferred during the insured’s lifetime
  • Policies subject to private premium financing arrangements
  • Policies surrendered or sold during the insured’s lifetime
  • Policies owned by irrevocable insurance trusts

12:00 PM to 1:00 PM

Luncheon – included with registration

1:00 PM to 2:30 PM

Paul G. Neiffer

A discussion of recent legislation and cases and planning opportunities for farm and ranch clients.  A must for anyone who prepares farm and ranch returns or who advises landowners on income taxes.

2:30 PM to 2:45 PM

Refreshment Break

2:45 PM to 4:45 PM

Professor Beverly J. Kracher

4:45 PM