The Community Foundation hosts an educational seminar each year specifically designed for professional advisors, which offers continuing education credits for CPAs and Attorneys. Each seminar presents timely issues and new developments in estate and financial planning that helps you help your clients.

The 2019 Seminar is scheduled for November 12, 2019 at Lee University.


11:45-12:00 Lunch (Set up by 11:30)

12:00-1:00 John Houston: Tax and Estate Planning Update
Federal tax update 2019 featuring the tax cuts and jobs act of 2017
Presentation outline
I.    Individual and fiduciary income taxation
II.  Individual income tax deductions and credits
III. Corporations and pass through entities
IV. Depreciation and expense deductions
V.   Business income and deductions
VI. Compensation and retirement

1:00-1:15 Break (lunch only attendees exit)

1:15-2:15 Lee Ann Adams: Estate Planning for an Aging Population                                                        The rapid growth in the number of Americans over age 65, and ever-increasing life expectancies, dramatically affect the estate planning industry. Clients and their family members inevitably must deal with emotional and financial issues that may impact relationships and endanger wealth built over a lifetime. Critical estate planning matters for aging clients and their family members include the following:

• Potential for financial elder abuse
• Testamentary capacity and undue influence
• Design and efficacy of revocable trusts, durable powers of attorney and advance directives
• Long-term care insurance

2:15-3:15 The new 2018 tax law makes PLANNED GIVING more powerful
Panel members: Thomas Arrendale, Bobby Ludwig and Alan Smith
Many have worried about the negative impact of the new tax law on charitable giving. A higher standard deduction means fewer itemizers. Non-itemizers can’t use charitable tax deductions. However the new tax law makes charitable giving more attractive for many high wealth and high income donors. For those still using them, charitable deductions became more valuable because: (1) marginal federal income tax rates rose for those in the bubble range of $200,000 to $416,700 for individuals, (2) Pease amendment cuts to charitable deductions were eliminated, and (3) income limitations on charitable deductions for gifts of cash were raised from 50% to 60%. Beyond this, other changes have made gifts of appreciated assets – and all the planned giving vehicles using appreciated assets – much more attractive than last year. This session will explore some case studies that demonstrate how charitable planning can provide tax benefits for donors.

CPAs can register through TSCPA

Attorneys can register by mailing a check to:
Community Foundation
P. O. Box 4474
Cleveland, TN 37320
Fee: $30 = Lunch +1 CLE hour or $65 = Lunch + 3 CLE hours

Contact: Cathy Barrett 423-599-5880 or
Please email Cathy Barrett with questions.