future key your ABA National Trust School ABA Graduate Trust School September 27 October 2, 2015 Emory Conference Center Hotel Atlanta, Georgia

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1 The key to your future ABA National Trust School ABA Graduate Trust School September 27 October 2, 2015 Emory Conference Center Hotel Atlanta, Georgia Register Now! Visit aba.com/ts or call BANKERS

2 Unlock Your Full Potential at the ABA National and Graduate Trust Schools Build advanced proficiency in trust administration, fiduciary law, personal financial management, and tax and estate planning. Learn through challenging and lively classroom lectures, group discussions and interactive case studies. Receive sales training and practice relationship building techniques. Fine-tune the skills you need to be a confident and successful trust professional. Take advantage of the CTFA focused curricula to prepare for the CTFA exam. Make 2015 the Year You Earn the CTFA Certification Earning the Certified Trust and Financial Advisor (CTFA) certification lets your employer and clients know that you have a formally recognized level of knowledge, skills and competence for the wealth advisory and trust field. Differentiate yourself from the competition with this widely respected professional designation. Four hours of optional CTFA prep courses are provided. Already a CTFA? Join us for the Graduate 2 program only to earn up to 45 credits, refresh your professional skills and network with your peers. ABA National Trust School ABA Graduate Trust School Year One ABA Independent Research Program ABA Graduate Trust School Year Two CTFA Exam Qualifying students who attend the School may take the CTFA exam onsite on October 3rd, 2015 at no additional cost*. Students wishing to take the exam must meet all eligibility requirements and apply with ICB no later than September 3rd, *Exam package applies to Year 2 Graduate Trust School students only. CTFA Eligibility Requirements A minimum of three (3) years experience in wealth management and completion of one of the following ICBapproved wealth management training programs. ABA provides the following ICB-approved resources: o ABA National Trust School and ABA Graduate Trust School (Level 1 & 2), o ABA Wealth Management and Trust Online Training Courses and CTFA Online Review Course, OR Five (5) years experience in wealth management and a bachelor s degree, OR Ten (10) years experience in wealth management For complete details, visit aba.com/ctfa

3 SETTING THE STANDARD IN TRUST EDUCATION ABA Trust Schools Take a step toward success at the ABA National or Graduate Trust School your first choice in trust education. Developed by bankers for bankers, this unique, results-oriented learning experience will equip you with the tools and techniques you need to bolster your expertise and lead your clients to the best options and solutions. Here s what sets the ABA Trust Schools apart: In-Depth, Practical Knowledge The ABA National and Graduate Trust Schools are synonymous with quality, delivering a 360-degree immersion into trust administration best practices. Select the level that s right for you and prepare for an in-depth learning experience that s unmatched in the industry. The Wiser Investment When it comes to professional development, today s trust community has a wide array of choices. But why settle for ad hoc cookie-cutter classes when ABA s world-class Trust School awaits? It s not training it s a structured pathway to a career-enhancing education. Just ask the scores of graduates and institutions who are experiencing the Trust School dividend firsthand. Expert Faculty, Live and In-Person Nothing beats the enrichment of an in-person learning experience. At ABA s National and Graduate Trust School, you ll enjoy live access to world class faculty and industry experts who are gathered in one convenient and cost-effective location. An Inspired Learning Environment The ABA Trust School takes place at the acclaimed Emory Conference Center. Located on the Emory University Campus and inspired by the architectural design of Frank Lloyd Wright, the green hotel is surrounded by 26 acres of peaceful forest preserve. It s a stimulating learning environment like no other and a sharp contrast to sterile hotel conference rooms. Plan to attend or send your team for a unique skill-building and networking experience. Register today to take advantage of team discounts! Who Should Attend Trust Officers Trust Administrators Trust Managers Trust Counsel Trust Tax Specialists Investment Officers Financial Planners Estate Advisors Private Bankers Attorneys/Paralegals 1

4 Learn from the Best and Brightest * The School is taught by expert practitioners who are familiar with issues and challenges students face in the workplace. Faculty members bring a wealth of real-world experience which they actively share during highly interactive sessions. Expert Faculty Ron Florance, CFA Investment Consultant Colin Korzec Managing Director Estate Settlement National Executive U.S. Trust, Bank of America Private Wealth Management Charles D. Skip Fox IV Partner and Head of Private Wealth Services Industry Group McGuireWoods LLP Kate B. Leipprandt, CFP, ChFC, CLU Managing Director Baldwin Financial Advisors, LLC Steve Goodman President Trainworks Uma M. Rajeshwar, CFA, CTFA, CFP Managing Director Glenmede Susan J. Hartley-Moss, CTFA Director of Fiduciary BNY Mellon Wealth Management Family Office and Charitable Solutions Robert H. Sitkoff John L. Gray Professor of Law Harvard Law School *Partial list of our expert faculty. 2

5 ABA National Trust School Gain a solid foundation to build your command of the trust business. September 27 October 2, 2015 Emory Conference Center and Hotel Atlanta, GA This intensive five-day program is designed for those just starting or building their career. It covers all the fundamentals, as well as areas of specialization. Curriculum Highlights: Account Administration Duties and Powers of the Trustee Explore the trustee s fiduciary duties and powers, including sources of authority, extent of powers and duties in various situations. Discretionary Distribution To pay or not to pay? Come discuss the trustee s role, responsibilities and potential liability in paying discretionary distributions under a trust. Acceptance and Termination Issues Examine administrative procedures in setting up and terminating accounts. Estate and Guardian Administration Review the steps necessary to administer a guardianship account and decedent s estate. You ll discuss aspects of administration that pose potential liability, and how to avoid them. Charitable Trust Administration Learn about charitable giving during life and at death, and the administrative procedures, rules and considerations used in administering charitable trusts. Tax and Estate Planning Generation Skipping Tax Review the principal planning issues that are posed by the generationskipping transfer tax (GST), and learn to recognize and respond to situations in which GST concerns might arise. ABA National Trust School Federal Estate and Gift Taxation Examine the federal transfer (gift and estate) tax system in detail and how it affects transfers of property both during life and after death. Fiduciary Income Tax Learn federal income tax concepts that govern trusts, estates, beneficiaries and, in some cases, grantors. Estate Planning Review estate planning techniques, such as portability, the A/B estate plan, the effective use of the marital deduction, types of marital trusts, planning for gifts, types of gifts to minors, gifts of insurance and basic estate planning for retirement benefits. 3

6 ABA National Trust School Curriculum Highlights (cont.): Fiduciary Law Fiduciary Risk and Litigation Learn to identify situations that could give rise to potential risk and litigation, as well as risk management steps that can be implemented to avoid liability. Regulation and Compliance Examine the regulatory environment within which banks and trust companies operate, with a focus on key risk issues, mitigation concepts for fiduciary relationships, and concepts of governance of the fiduciary business within organizations. ABA National Trust School Personal Financial Planning Introduction to Retirement Planning Gain an understanding of employee benefits in retirement planning, with a focus on the impact of qualified benefit plans in the client s overall financial plan. Investment Management General Investments Overview Build your knowledge of economics, capital markets, and government financial policies. Types of Investments Gain a firm grounding on the variety of investment products encountered by professionals within banks, trust companies and RIAs. Newly Designed! Investments Curriculum Preparing Students for Success All of the ABA Trust Schools deliver comprehensive education on the latest trends and best practices in investments and portfolio management. The schools newly designed investment-related courses are strategically positioned to teach practical application and achieve results. As students move through the program, each course builds upon the last, making ABA Trust Schools the best choice to prepare students for success in the trust industry. Investments Courses Include: National School General Investment Overview Types of Investments Graduate School Year One Basic Introduction to Portfolio Management Portfolio Management: Theory and Concepts Graduate School Year Two Practical Application of Investment Concepts 4

7 Master Complex Trust Issues and Deliver Quality Solutions ABA Graduate Trust School is a two-year program that offers an advanced curriculum across two levels. The ABA Graduate Trust School is designed for professionals more advanced in their careers looking to fine-tune their professional skills or who have completed ABA s National Trust School or have at least three years of trust experience. ABA Graduate Trust School Year One September 27 October 2, 2015 Emory Conference Center and Hotel Atlanta, GA Year One builds upon your existing foundation by aligning basic principles with complex client needs, demonstrating the highly integrated nature of the trust business. Curriculum Highlights: Account Administration Administering Unique Assets Review the unique issues presented in trusts and estates, as well as the ongoing activities required to properly manage assets in a fiduciary context. Fiduciary Law Fiduciary Law Gain a complete overview of fiduciary law principles, including common law, OCC Reg. 9 and other banking laws regulating a bank s fiduciary activities. Fiduciary Case Law Managing Risk Explore fiduciary duties and review several recent cases to examine what went wrong and steps you can take to avoid the same situation. Investment Management Behavioral Finance Learn about the historical development of investment theory as well as behavioral finance concepts that impact investment realities. ABA Graduate Trust School Year One Introduction to Portfolio Management Examine portfolio management concepts in order to build knowledge in areas ranging from investment theory to portfolio construction. Personal Income Tax Planning Planning for Retirement Plan Distributions Review employee benefit plan and IRA distribution rules, and study the impact of various distribution and beneficiary elections on the client s financial and estate plan. Personal Income Tax Planning Explore basic income tax concepts and work toward demonstrating the utilization of various tax planning strategies. 5

8 ABA Graduate Trust School Year One Curriculum Highlights (cont.): Tax and Estate Planning Economics of Charitable Giving Discuss the rules governing the deductibility of charitable gifts for income tax purposes as well as various techniques for making gifts. ABA Graduate Trust School Year One Estate Planning/Settlement in a Digital Era Explore the legal challenges facing estate planners and estate administrators in the quickly-evolving digital world, with a focus on the discovery process, inventory, security and rights with respect to assets. Estate Planning for the Marital Deduction Examine commonly used approaches that qualify for the marital deduction primarily, though not exclusively, for spouses who are U.S. citizens. Estate Planning for the Medium-Sized Estate Study the estate planning techniques for estates in the range of $5 to $15 million, including practical use of marital trusts formulas, lifetime planning techniques commonly used for medium-sized estates, and more sophisticated plan options for unique assets. Estate Planning for Business Owners Gain an understanding of the non-tax considerations in advising families and third parties on planning for the succession of closely held businesses and how to explain the currently available techniques to minimize wealth transfer taxes. Problems and Pitfalls of the 706 Review the wealth transfer concepts represented on the Federal Estate Tax Return (Form 706) connecting the impact of estate planning that is completed (or not completed) by clients with what is disclosed on a 706 and the federal transfer taxes owed at death. Practical, Case Study-Based Learning Key features of ABA Trust Schools are popular case study sessions. These hands-on, practical workshops enable students to apply the concepts and principles they ve learned in class to realistic trust advisory scenarios. Working in teams, students will analyze their assigned case study, make recommendations and defend them among faculty and peers. It s active learning at its finest. 6

9 ABA Graduate Trust School Year Two September 27 October 2, 2015 Emory Conference Center and Hotel Atlanta, GA Year Two is designed for professionals more advanced in their careers or who have completed ABA s Graduate Trust School Year One. Students must complete both Year One and Year Two plus complete the Independent Research Program to earn a diploma. Curriculum Highlights: Account Administration Advanced Topics in Discretionary Actions Examine property law considerations relevant to making discretionary distributions and analyze the income, estate, gift and generation skipping transfer tax consequences of the creation and exercise of discretionary powers. Special Needs Trusts Learn the administrative issues related to dealing with clients with physical and mental disabilities, including issues surrounding family involvement and discretionary distributions. Fiduciary Law Making Complex Fiduciary Decisions Examine and respond to several case studies representative of trust administration matters involving potentially problematic complex fiduciary decision making. Ethics of Trust Administration Review court cases, regulations and real-life examples that demonstrate ethical concerns and problems encountered by trust and wealth management professionals in their working environment. Investment Management Practical Application of Investment Concepts Apply key lessons about the theory of investment management to the practicalities of portfolio design. Topics addressed will include a review of investment theories, behavioral finance, sound investment practices and addressing specific client constraints. Sales Management Expanding Relationships by Serving Clients Learn ways to utilize your unique position as financial advisor and fiduciary officer to meet the comprehensive financial needs of your clients. The inter-relationship between service and a consultative, need-based approach to expanding relationships will be explored and practiced. ABA Graduate Trust School Year Two Already a CTFA? Attend Graduate Year 2 and earn up to 45 CE credits. 7

10 ABA Graduate Trust School Year Two Curriculum Highlights (cont.): Tax and Estate Planning Advanced Generation Skipping Transfer Tax Explore how proper planning can help you minimize or avoid the generation-skipping transfer tax, and how to take maximum advantage of available exemptions. Advanced Fiduciary Income Tax Examine the fundamentals of federal income taxation of trusts and estates in a progressive and organized fashion. ABA Graduate Trust School Year Two Estate Planning for Retirement Assets Learn how different beneficiary designations and distribution options for IRAs can affect economic outcomes when coordinated with a client s overall estate, investment and tax plan. Advanced Estate Planning Techniques Study ways to reduce and eliminate transfer taxes for clients with large estates through a variety of strategies designed to save gift and estate tax. Federal Tax Elections Gain an understanding of post mortem tax elections and disclaimers with a primary emphasis on federal estate tax considerations, reinforcing concepts associated with elections on estates fiduciary income tax returns, decedent s final income tax returns, and generation skipping transfer tax elections. Funding the Marital and Credit Shelter Trusts Review the effective use of the marital deduction and the applicable exclusion amount, and discuss the advantages and disadvantages of portability planning as compared to the use of credit shelter planning. ABA National & Graduate Trust School Advisory Board Greg Firek, CTFA, CFP, Advisory Board Chair Senior Vice President, Middle Tennessee Trust Manger Regions Private Wealth Nashville, Tenn. Jessica Beavers, CTFA, CISP President Bankers Trust Company of South Dakota Sioux Falls, SD Velena Berny, CFP Region Trust Advisor Senior Vice President, Private Wealth Management SunTrust Bank Atlanta, Ga. David M. Llewellyn Senior Vice President & Chief Fiduciary Officer The Northern Trust Company Miami, Fla. Timothy M. Powers, CTFA Managing Director Head of Trust Administration The Advisory Trust Company of Delaware Wilmington, Del. John P. Schlichting, CTFA Senior Vice President & Region Trust Advisor SunTrust Bank Private Wealth Management Atlanta, Ga. Ruth Calaman, CRCM General Counsel & Chief Compliance Officer Evercore Wealth Management, LLC New York, NY Daniel P. Cunningham, CFA, CFP Managing Director, Regional Investment Executive U.S. Trust, Bank of America Private Wealth Management Boston, Mass. Jeffrey Schultz, CFA, CTFA Senior Vice President/Chief Investment Officer American National Bank Wichita Falls, TX Jordan Young, CTFA Trust Officer InvesTrust Oklahoma City, Okla. Andrew Kafka, J.D., CTFA Assistant Vice President & Trust Officer Union Bank & Trust Company Lincoln, Neb. 8

11 Register Today! Tuition & Admission Criteria National Admission Criteria Students should have one to three years experience in the trust industry. Tuition $2,195 ABA Members Save $1,000! $3,195 ABA Non-Members Graduate Year One or Year Two* Admission Criteria Graduation from ABA National Trust School or a qualified regional trust school OR minimum of three years trust experience. Tuition $2,495 ABA Members Save $1,000! $3,495 ABA Non-Members * New this year: Graduate Year 2 tuition includes the CTFA exam fee a savings of $625! Eligibility requirements and limitations apply. Visit aba.com/ctfa for details. Location Team discounts are available. 2-3 attendees receive a 5% tuition discount 4-10 attendees receive a 10% tuition discount 11+ attendees receive a 15% tuition discount Register today at aba.com/ts or call BANKERS Register Today! The Emory Conference Center Hotel Your Learning Oasis In the Heart of Atlanta Located on the Emory University Campus and inspired by the architectural design of Frank Lloyd Wright, the Emory Conference Center Hotel delivers a unique, stimulating environment. The green hotel is surrounded by 26 acres of peaceful and inspiring forest preserve. You re sure to enjoy its spectacular landscapes, exceptional accommodations and convenient location, just 15 miles from Hartsfield International Airport, six miles from downtown Atlanta, and close to major shopping and attractions. Call the Emory Conference Center at to make your hotel reservation. Mention the ABA Trust School to receive the discounted rate of $195 plus tax per night for single occupancy. Make your reservation by (August 19th, 2015 for maximum savings. (After this date, rooms are subject to availability at the prevailing rate.) Your hotel stay includes most meals, refreshment breaks and access to Emory Conference Center amenities. Visit aba.com/ts or call BANKERS ( ) for complete curriculum and application details. _The Institute of Certified Bankers (ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The ABA National Trust School and the ABA Graduate Trust School are under review for CTFA credits. Credits to be awarded for each 2015 session will be posted on aba.com/ts when available. _The The American Bankers Association 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: The 2015 ABA National Trust School and the ABA Graduate Trust School are being reviewed for CPE credits. For more information regarding refunds, concerns and program cancellations policies, please contact ABA Member Services at BANKERS. Delivery Method: Group - Live Testimonials used in this brochure are unpaid endorsements. Views expressed are individual.

12 Announcing 2015 ABA National and Graduate Trust Schools aba.com/ts or call BANKERS 1120 Connecticut Avenue, NW Washington, DC ABA Trust Schools key The to your future Invest in quality education with real results.