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Presenter: Sidney C. Summey

Seminar Date:

Seminar Location: Birmingham, AL

Renaissance Ross Bridge Golf Resort & Spa
4000 Grand Avenue
Birmingham, AL 35226
Phone: 205-916-7677

This seminar is closed or full.


Registration:                        8:00 - 8:30 am

Morning Session:                8:30 am - 12:00 pm

Lunch (On your own):         12:00 - 1:00 pm

Afternoon Session:             1:00 - 5:00 pm

Understanding Estate, Gift, Income and Trust Taxation

   Overview of federal estate and gift taxation 
   Calculating the estate tax 
   Overview of trust taxation 
   Examining estate, gift and GST rates and exemptions

The Critical Role of Testamentary Trusts in the Estate Plan

   Purposes and features of trusts, including testamentary trusts 
      • Credit shelter/bypass trusts 
      • Marital trusts and family trusts 
   Spousal lifetime access trust 
   Choosing a trustee and a situs

Irrevocable Trusts and the Basics

   Purposes of irrevocable trusts 
   Understanding related tax issues 
   Crummey powers 
   Amendment/termination strategies 
   Dynasty trusts

Income and Generation-Skipping Transfer Tax Basics

   Overview of the income tax system 
   Overview of GST 

Using Revocable Trusts

   Characteristics and advantages/disadvantages of revocable trusts 
   Understanding related tax issues

IRAs and Trusts: Sophisticated Beneficiary Choices

   General overview 
   Spousal rights and distribution rules 
   Using a trust as a plan beneficiary 
   Estate planning and charitable planning with qualified plans

Asset Protection Planning for Seniors and the Disabled

   Overview of government benefit programs 
   Trust options 
   Planning for spouses, supplemental needs trusts

Advanced Trust Planning

   Charitable planning 
   Discount planning 
   Qualified domestic trust, S corporation trusts 
   Onshore-offshore asset protection and spendthrift trusts

Credit Information:

Who Should Attend

  • Accountants/CPAs
  • Attorneys
  • Certified Financial Planners
  • Enrolled Agents
  • Registered Tax Return Preparers

     8.0 CPE Hours

     7.0 Alabama CLE Hours

Certified Financial Planners
    8.0 CE Hours

IRS Enrolled Agents &
Other Tax Return Preparers
     8.0 CE Hours

Continuing Education Credit Information

This seminar is open to the public. This intermediate-level course offers 8.0 CPE credit hours, based on 50 minute hours, in the area of taxes. A basic understanding of federal taxes is recommended, and no advance preparation by attendees is required.

HalfMoon Education Inc. 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 website: www.NASBARegistry.org. Sponsor No. 103015.

The Alabama State Bar has approved this course for 7.0 CLE hour, including no ethics hours, for Alabama attorneys.

HalfMoon Education Inc. is a CFP Board-Registered continuing education Sponsor. The Certified Financial Planner Board of Standards, Inc. has granted 8.0 hours of continuing education credit for the completion of this seminar.

This program qualifies for 8.0 hours of continuing education credit for enrolled agents and other tax return preparers under Treasury Department Circular #230 Section 10.6(g).

Attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.


Sidney C. Summey

Shareholder with White Arnold & Dowd P.C., Birmingham, AL

With over 40 years of experience in the practice of probate law, Mr. Summey is recognized in the probate and civil courts in Alabama as a leader in the field of probate litigation, wills, trusts and estates, guardianships and conservatorships. In 2009, he was designated as a National Certified Guardian. His practice involves assisting litigators in settling cases involving decedent’s estates and incapacitated persons, the representation of conservators of the estates of minors and disabled persons who have received personal injury awards, structured settlements, special needs trusts and elder law. Mr. Summey also handles litigation related to all areas of probate law including will contests and trust and estate matters. He is a frequent lecturer on basic and advanced probate, probate for litigators, special needs trusts, Medicaid issues and elder law. Mr. Summey has served on the faculty of The Birmingham School of Law where he taught Trusts and Elder Law. He also has served on the adjunct faculty of the Cumberland School of Law of Samford University for five years, teaching courses in residential and commercial real estate transactions. Mr. Summey is the author of “Handling Lawsuits of Minors, Decedents and the Disabled,” which was published in the ATLA Journal.

Tuition Costs:

Standard Tuition: $299.00
Online Tuition (pre-registration): $299.00
Group Prices
3 or more people each: $279.00

Each registration includes one copy of a manual prepared by the seminar speakers.