With the recent increase in COVID cases in the region, the PEPC has decided to convert our September luncheon program to a virtual format.  As a special member benefit, current PEPC members will receive complimentary registration to our September 21, 2021 virtual program. Continuing education credits are not included in the complimentary registration and must be purchased separately.

This program will discuss the theory behind distributable net income (DNI), how the Internal Revenue Code defines DNI and the three reasons why DNI is important. The program will review sample calculations of DNI, how DNI gets reported on a Form 1041 and how gains may enter into DNI for distribution to the estate or trust beneficiary. The program will discuss how DNI gets allocated among the beneficiaries of a simple trusts and complex trust including a discussion of the tier system, the separate share rule, the 65 day rule, specific bequests and distributions in kind. This program will incorporate drafting techniques to incorporate into estate planning documents to achieve the best income tax result.

Speaker: Jeremiah W. Doyle, IV, BNY Mellon Wealth Management

Jere Doyle is an estate planning strategist for BNY Mellon Wealth Management and a senior vice president of BNY Mellon. He has been with the firm since 1981. Jere provides wealthy individuals and families throughout the country with integrated wealth management advice on how to hold, manage, and transfer their wealth in a tax efficient manner.

One Education Credit for CLE (PA Only), Insurance (PA Only), CFP, CPA (PA Only), PACE and CTFA will be offered.

This meeting is being sponsored by

Click here to download a printable registration form.