Roth Conversions in 2010: A Window of Opportunity

May 21, 2010
2:00 – 4:00 p.m.
2.00 MCLE hours
Presented by Employee Benefits

Chicago
ISBA Regional Office
20 S. Clark Street
Suite 900
(map and directions)

Many investors were presented with a once-in–a-lifetime opportunity when the limitation on modified adjusted gross income was eliminated, giving every IRA owner the opportunity to cash in on the tax-free distributions provided by Roth IRAs. Just because a Roth conversion can be made, though, does not mean that it should!
 
The uncertainty of estate taxes along with changes surrounding Roth IRA Conversions presents significant income tax and estate tax issues for our clients. Estate planning takes on additional considerations when qualified plan assets represent a significant portion of the estate. This two-hour program explains the process of conversion, as well as the various circumstances when a conversion is advantageous. Attorneys and other professionals who provide financial planning advice will gain an understanding of the intricacies of the conversion process and how and when it may benefit their clients. 
 
Program Coordinator/Moderator:
F. Richard Skweres, Lewis, Overbeck & Furman, LLP, Chicago
 

Agenda

2:00 – 3:00 p.m. Roth IRA Conversions – Process and Planning
This segment provides a comprehensive overview of the Roth IRA conversion process and planning opportunities.
Michael S. Lee, Head of Corporate & Executive Services, William Blair & Company, LLC, Chicago
 
3:00 – 4:00 p.m. Roth IRA Conversions – Advantages
Understanding the conversion process and planning opportunities is important, but knowing when a Roth IRA conversion is advantageous is equally valuable. This segment discusses the various instances when a conversion is to you and your client’s advantage.
Bobbi J. Bierhals, Partner, McDermott Will & Emery, Chicago
 
 
*This program qualifies for CPE credit. ISBA is approved by the Illinois Department of Financial and Professional Regulation as a registered public accountant continuing professional education (CPE) sponsor.