December 30, 2020
The Community Foundation + Cannon Financial Institute
Virtual Estate Planning Conferences
The Community Foundation is excited to partner, once again, with Cannon Financial Institute to offer two learning opportunities for estate planning professionals in spring 2021.

Each estate planning session is fully virtual through a streaming webcast and allows participants to receive credit with the State of Virginia for each session attended. Webcasts are from 1:00-2:30pm, conveniently during the lunch hour.

The Community Foundation is offering both estate planning sessions at no cost! Please select all sessions that interest you for winter/spring 2021. Attendance is FREE, however, a minimum of eight participants must sign up in order for CFDRR to facilitate each webcast. CFDRR staff will select two sessions to facilitate based on total interest. After the poll ends, Foundation staff will contact each participant to confirm registration and send the applicable web links and materials.

Please RSVP through the Doodle Poll below by Wednesday, January 6, 2021. You can indicate interest in one or several sessions.

Please pass this link on to anyone who may be interested! To be added to our e-newsletter email list, please contact Cullen Libby, Donor Services Manager, at cullen@cfdrr.org.
Webcast Sessions
Tuesday, January 19, 2021, 1-2:30pm: The Impact of 2020 on Estate Planning

Covers topics such as:

  • Enhanced Interest in Large Lifetime Taxable Gifts and Long-Term Trusts
  • Increased Use of Certain Leveraging Strategies
  • Renewed Emphasis on Planning for Eventual Incapacity
  • Practical Limitations on Client Counseling and Document Signing

Read more here.

Tuesday, February 23, 2021, 1-2:30pm: Recent Developments in Valuation and Inclusion in the Gross Estate

Covers topics such as:

  • Continuing Expanded Reach of IRC Section 2036(a)
  • "Tax-Affecting" in Valuation of Pass-Through Entity Equity
  • The Specter of "Double Inclusion" in the Gross Estate
  • Misapplication of Willing Buyer-Willing Seller Test and Lack of Marketability Discount

Read more here.

Tuesday, March 23, 2021, 1-2:30pm: The Uniform Trust Code Revisited

Covers topics such as:

  • Default and Mandatory Rules
  • Virtual Representation
  • Trust Modification
  • Notice Requirements
  • Duties Trustees Owe to Beneficiaries

Read more here.

Tuesday, April 27, 2021, 1-2:30pm: Administration of Non-Standard Trust Investments

Covers topics such as:

  • The Uniform Prudent Investor Act and a Trustee's Duty of Diversification
  • Unique Challenges Arising from Holding a Closely-Held Business Interest
  • Trust Assets Not in Trustee's Physical Possession or Direct Control
  • Steps to Mitigate Risk

Read more here.

Tuesday, May 25, 2021, 1-2:30pm: Trust Situs and Governing Law Considerations

Covers topics such as:

  • The Meaning of "Situs" and "Principal Place of Administration"
  • Specific Results That May Flow from a Trust's Situs and Its Governing Law
  • Selecting or Determining a Trust's Governing Law and Situs
  • Establishing a Trust in a Target Jurisdiction or Moving it to a Target Jurisdiction

Read more here.

Tuesday, June 22, 2021, 1-2:30pm: No Good Deed Goes Unpunished (Ethics)

Covers topics such as:

  • Concurrent Representation of Spouses and Other Family Members
  • Planning for a Client's Possible Eventual Incapacity
  • Safekeeping of a Client's Original Estate Planning Documents
  • Disclosure of a Disabled Client's Confidential Information

Read more here.
For more information, please contact Cullen Libby, Donor Services Manager, at cullen@cfdrr.org or Kathy Milam, Executive Director, at kathy@cfdrr.org.
The Community Foundation of the Dan River Region | 434-793-0884
541 Loyal Street, Danville, VA 24541