CHICAGO, April 15, 2022 — IRS Commissioner Charles P. Rettig will give the keynote address during the 34th Annual RPTE National CLE Conference hosted by the American Bar Association Section of Real Property, Trust and Estate Law on April 26-29, presented in virtual format with an in-person option in Dallas.
Rettig, the 49th U.S. Commissioner of Internal Revenue, will speak at noon on Friday. All sessions will be available for viewing virtually at time of broadcast or later on-demand. In-person attendees will be required to comply with all active COVID-19 local protocols as well as ABA policies regarding in-person meetings.
What:
34th Annual RPTE CLE Conference
Sponsored by the ABA Section of Real Property, Trust and Estate Law
When:
April 26-29
Where:
Online and in-person at
Four Seasons Resort and Club Dallas at Las Colinas
42150 N. MacArthur Blvd.
Irving, Texas 75038
Highlights include (all times listed are Central Daylight Time):
“SALT Cap Workaround: Planning Opportunities and Traps to Avoid” — The 2017 Tax Cuts and Jobs Act eliminated the ability to deduct state and local taxes (“SALT”) in excess of $10,000. In response, a growing number of states (19 so far) have adopted a workaround, which involves a partnership or S Corporation electing to pay a new state level tax. A panel will explore these workarounds and discuss planning opportunities, which can achieve significant tax savings in high tax states, as well as possible traps for out-of-state partners or shareholders to avoid.
Tuesday, 1-2 p.m.
“Are Guardianships Toxic?” — Wards under a guardianship generally have fewer rights than prisoners. This program will explore guardianships, including vexing issues, possible solutions and alternatives including:
- Issues with guardianships
- Rights of wards under a guardianship and obligations of guardians/conservators
- Recommendations of the Fourth National Guardianship Summit
- How to navigate within the system
- Restoration of rights of a ward
Tuesday, 2:30-3:45 p.m.
“Mine, Yours, Ours, Theirs — Issues with Non-Marital Cohabitants and Tips to Resolve Disputes Before They Occur” — While most houses consist of four walls, the relationships, arrangements and agreements that bring people together within those walls can be very different. This panel will discuss the increasing number of nonmarital cohabitant relationships and provide planning tips for drafting cohabitation agreements.
Wednesday, 11:30 a.m.-12:30 p.m.
“Role of Affordable Housing Programs in the Biden Administration’s Social Safety Net Legislation” — The Biden administration has proposed ambitious social safety net legislation. This panel will explore the role of affordable housing and community development programs in such legislation and address:
- HUD updates/HUD budget
- Demand vs. supply-side affordable housing interventions
- Tax credits
- Community revitalization funds
- Main street revitalization programs
- Zoning reform programs
Wednesday, 2:30-3:30 p.m.
“Hot Topics in Business Planning” — This panel will discuss recent and noteworthy cases and guidance impacting business planning. Panelists will explore the effects that recently proposed (or pending) legislation would have on clients and practices if enacted, recognizing that any provisions may be reintroduced in future legislation.
Thursday, 10-11 a.m.
“Insurance and Risk Management in the Wake of Surfside” — The problem of aged and underfunded condominiums and those that are not well maintained or are structurally compromised can be devastating, as seen in the Surfside disaster in Florida. This program will explore new trends and developments on how to handle and manage risks for condominium buildings in catastrophe-prone areas.
Thursday, 10-11 a.m.
“The Great Debate in Valuing Big Box Stores — A Collaboration with the Appraisal Institute” — The valuation of big box stores has developed into a highly contentious topic. At the core of the controversy is the valuation method known as the “Dark Store Theory,” which has prompted heated debate between municipal assessors and property owners as to whether the theory’s use artificially deflates property tax assessments. This program will explain the traditional methods of valuing single-tenant retail facilities and analyze the Dark Store Theory, legal challenges to the theory and legislative initiatives to prohibit its use.
Friday, 10:45-11:45 a.m.
A complete agenda can be found online. For media credentialing or to receive further COVID-related instructions, please contact Jennifer Kildee at [email protected].
The ABA is the largest voluntary association of lawyers in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.