Creative Planning for IRA Distributions

Understanding IRAs

• Traditional
• Roth

Roth Conversions:

• Benefits of the Roth Conversion
• Whether to Convert All at Once or Over Time
• Effect of SECURE 1.0 on Roth Conversions

Distribution Rules:

• During Lifetime
• New Rules for Designated Beneficiaries
• New Category of Eligible Designated Beneficiaries
• Planning Considerations

Trusts as Beneficiaries:

• Reasons to Name Trusts as Beneficiaries
• State Income Taxation
• Trust Flexibility
• Charitable Remainder Trusts
• Changes Under the Proposed Regulations

• AR CLE 1.5
• This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
• Arizona CLE 1.5
• The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
• CA MCLE 1.5
• Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
• CT CLE 1.5
• Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.5 CLE credit(s).
• HI CLE 1.5
• This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
• NH MCLE 1.5
• NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 90 Minutes.
• NJ CLE 1.8
• This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
• NY CLE 1.5 including Areas of Professional Practice 1.5
• This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for up to a maximum of 1.5 credit hours in the area(s) of Areas of Professional Practice for 1.50 hours. Each hour may be counted only as satisfying one category of credit. Duplicate credit for the same hour of instruction is not permitted. This course qualifies for both established and newly admitted attorneys. Lorman Business Center, LLC. has a financial hardship guideline. Please contact customer service at 1.866.352.9539 for instructions on how to apply.
• PA CLE 1.5
• This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
• RI CLE 1.5
• This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
• VT CLE 1.5
• This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
• WA CLE 1.5
• This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of Law & Legal Procedure credit.
• WI CLE 1.5
• This program has been approved by the Board of Bar Examiners for 1.5 hours for use toward the Wisconsin Mandatory CLE requirement.
• WV MCLE 1.8
• This program has been approved by the West Virginia State Bar MCLE Commission for 1.8 MCLE hours.
• CPE 1.8 including Specialized Knowledge 1.8
• Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.8 hours. Prerequisite: basic knowledge of DOL Fiduciary Rule. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state’s regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.

Bruce D. Steiner, Esq.

Kleinberg, Kaplan, Wolff & Cohen, P.C.

• Attorney with Kleinberg, Kaplan, Wolff & Cohen, P.C.
• Over 45 years of experience in the areas of taxation, estate planning, business succession planning, and estate and trust administration
• Frequent lecturer at continuing education programs for bar associations, CPAs, and other professionals
• Commentator for Leimberg Information Services, Inc., a member of the editorial advisory board of Trusts & Estates, a technical advisor for Ed Slott’s IRA Advisor, and author of numerous articles for professional journals
• Quoted in various publications including Forbes, The New York Times, the Wall Street Journal, Lawyers Weekly, Bloomberg’s Wealth Manager, Financial Planning, Kiplinger’s Retirement Report, Newsday, the New York Post, the Naples Daily News, Individual Investor, CNBC, Fox Business, USA Today, TheStreet.com, and Dow Jones (formerly CBS) Market Watch
• Named a New York Super Lawyer every year since 2010 and named Best Lawyer every year since 2018.
• J.D. degree, cum laude, State University of New York at Buffalo; LL.M. degree in taxation, Gerald L. Wallace scholar, New York University; A.B. degree, Cornell University