10th Annual Conference: Unlock The Potential

Doral Arrowwood Resort and Conference Center

975 Anderson Hill Road, Rye Brook, NY  10573
September 20 – 22, 2012


Thursday, September 20th, ADFP University Courses

8:30 - 6:30 ADFP University Courses Up to 10.0 CFP CEU*, 10.0 CPE*, 10.0 CDFA*

Your choice of up to 5 of the following 10 courses (most expected to provide 2 CE)

Anatomy of a Tax Return - Peggy Tracy, CFE, CDFA™

Bankruptcy and Divorce - Madeline Marzano-Lesnevich, Esq., Partner, Lesnevich & Marzano-Lesnevich, LLC

Build and Grow Your Divorce Practice - Rosemary Frank, CDFA™

Critical Divorce Strategies for Families with Special Needs - Mary Anne Ehlert, CFP®, Founder, Protected Tomorrows

Estate Planning and Divorce - Laura Weintraub Beck, Esq., Principal, Cummings & Lockwood LLC

Family Law Software Workshop - Dan Caine, President, Family Law Software, JD, MBA

Gray Divorce - Lili A. Vasileff, CFP®, CDFA™

Long Term Care and Divorce - Natalie Karp, CLTC, MBA and Rona Loshak, CLTC MBA

Non-Qualified Plans and Divorce - Linda Ursin, JD, CLU

Qualified Domestic Relations Orders (QDROs) - Robert Guarnera, MSPA, FCA, MAAA, EA, CPC, President, Pension Actuaries, Inc.

Friday, September 21st, Annual Conference, Day 1

8:00 – 9:00 State of the Profession Address, Lili Vasileff, CFP®, CDFA™, President of the ADFP

9:00 10:40 - Lifestyle Analysis, Joan Lipton, CPA/ABV, CFF, Ph.D., Partner, and Jean Han, CPA/ABV, CFF, JD, ParenteBeard

2.0 CFP CEU*, 2.0 CPE*, 2.0 CDFA*

This presentation will deal with the challenges of performing a lifestyle analysis in the context of a divorce proceeding. It will include a discussion of the types of documents required, the factors affecting the time period to be analyzed, consideration of relevant adjustments, and other unusual features of more complex lifestyle analyses. Several hybrid cases will be discussed.

Our "hybrid" will include issues such as (a) how to deal with situations where spousal income is subject to large fluctuations, (b) problems and considerations when observing irregular lifestyle expenses and/or major expenditures in certain years - including how to assess whether certain of these major expenditures are non-recurring, (c) the considerations involved in setting the scope of the analysis with the client and counsel, (d) report preparation issues, (e) preparing for cross-examination, (f) other.

10:40 - 11:00 Break

11:00 - 12:00 Thorny Issues in Divorce and the Key Role of Neutral Financial Professionals, MaryEllen Linnehan, Esq., Partner, Day & Linnehan Center for Collaborative Law and Divorce Mediation, PLLC

1.0 CFP CEU*, 1.0 CPE*, 1.0 CDFA*

Discussion of the key role financial professionals play in addressing difficult financial issues in divorce. The added value of neutrality, clarifying interests and needs, reality testing, education of financially unsophisticated spouses, working with the entire family, examining long-term needs and testing options against interests to the divorce process. Role in negotiations and the devolvement of financial positions. The financial professional as "glue" in the process.

In this keynote, you will learn to understand and reach your clients and bring down the temperature so that the financial information can be well utilized in the divorce process.

12:00 - 1:30 Lunch/Presentation of Annual Pioneering Award to Elana Katz, LCSW, Senior Faculty, Ackerman Institute for the Family

Keynote Address, Elana Katz: Why can't they just be reasonable? When emotions and numbers collide, and what you can do to help - Elana Katz, LCSW

1.0 CFP CEU**, 1.0 CPE*, 1.0 CDFA*

Being a financial professional in the divorce process can all too often resemble 19th century Dickens: "It was the best of times, it was the worst of times" (and perhaps less known) "...it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us"...Clients feel all of that and more, and the field of neuroscience is clear: when the emotional brain gets flooded, emotions have control precedence. This means that highly distressed clients are often unable to process the wisdom the financial professional has to share.

1:30 - 3:10 Same Sex Marriages and Divorce - Lee Rosenberg, Esq., Partner, Saltzman, Chetkof & Rosenberg, LLP; Gregory L. Matalon, Esq. and Robert S. Barnett, Esq., Partners, Capell Barnett Matalon & Schoenfeld, LLP

Several states have recently enacted laws recognizing same sex marriage. It is likely others, but not all, will continue to do so in the near future. Accompanying to this wave of new legislation will be same sex divorce. Marriage and divorce are largely state-specific. This raises the obvious questions of recognition and portability. Even more problematic is that these laws are in direct conflict with the Defense of Marriage Act and Section 7 of Title 1 of the U.S. Code, which define marriage as between one man and one woman. Because of this, many spousal living and survivorship rights and benefits of married and divorced couples, e.g. COBRA, ERISA, Social Security, are not currently recognized to same sex spouses under Federal law. This makes divorce financial planning for same sex spouses much more complex difficult than for traditional spouses.

3:10 - 3:25 Break
3:25 - 5:05 The Role of the Expert in a Divorce Case/Trial Tips for the Non-Lawyer,Frederic J. Siegel, Esq., Partner, Siegel, Reilly & Conlon, LLC

2.0 CFP CEU*, 2.0 CPE*, 2.0 CDFA*

Attorney Siegel will speak about the role of the expert in a divorce case. He will talk about how an expert needs to prepare for a deposition (and what the deposition involves), how the witness needs to prepare for testifying at trial, how to maintain a proper file and other essential information about the expert. He will also give trial tips that will assist the expert witness with their testimony and elevate their role during the divorce proceeding.

5:15 - 6:15 "Get the Real Deal," Amy Whitlatch, CFP®, CDFA™, Robert Bordett, CFP®, CDFA™, Ginita Wall, CPA, CFP®, CDFA™, and Daniel Caine, JD, MBA, President, Family Law Software.

Practitioners discuss case issues, methodologies, obstacles, challenges while working with actual software to prepare the reports. Discuss and review approaches to analyzing data and nuanced conversations, presenting alternative outcomes to clients and professionals, deciding when to share or withhold analysis and projections.

Saturday, September 22nd, Annual Conference, Day 2

8:30 - 10:10 Trends in Alimony, Nancy D. Kellman, Esq.

2.0 CFP CEU*, 2.0 CPE*, 2.0 CDFA*

Whatever name you call it, determining the appropriate amount of alimony, spousal support or maintenance impacts lawyers, financial experts, judges and clients. What are the various approaches to calculating alimony? Do guidelines (or formulaic approaches) make it easier to resolve matters? How have the changing attitudes and laws regarding alimony affected the role of the financial planner? Do the historical underpinnings of the payment of alimony have any relevance to us as practitioners today? In this presentation, you will learn about the latest trends in alimony and its relevance in financial planning for our clients.

10:10 - 10:30 Break

10:30 - 12:10 Advanced Case Studies in Divorce Taxation, William Donaldson, CFP®, EA, CDFA™

2.0 CFP CEU*, 2.0 CPE*, 2.0 CDFA*

Discussion of actual divorce cases with instructive tax issues. Sequel to last year's extremely well-received presentation, with new scenarios designed to help you identify and avoid potential mistakes and provide added value to the process.

12:10 - 1:10 Lunch in the Atrium

1:15 - 2:55 College Planning and Divorce, Amy Whitlatch, CFP®, CDFA™ and Kevin Worthley, CFP®, CDFA™

2.0 CFP CEU*, 2.0 CPE*, 2.0 CDFA*

College financing and financial aid is a complex subject for families and becomes even more so in a divorce situation. Our sessionprovides value by advising how the divorce may affect college financing or eligibility for financial aid. The workshop will cover the details of the financial aid calculations, how aid is awarded, what changes occur during divorce, planning tips to assist aid eligibility or avoid eligibility mistakes that reduce aid, tax aspects (including tax credit/deductions), and how to incorporate college financing considerations into divorce planning to meet your clients' goals. This session will provide you with skills that can be useful to all your financial planning clients.

3:00 - 4:00 How to Establish Yourself as a Go-To Resource for Family Lawyers, the Honorable Elaine Gordon, Esq., Connecticut Superior Court Judge(Retired)

Why do some practitioners always seem to get the engagements and referrals from divorce litigators in domestic relations and family law matters? How can divorce financial planners compete with other better recognized financial experts? What do we need to know about how lawyers find experts and what keeps them coming back to the same ones? How can we break into that select group of experts who are always used in the community? What is the bottom line we need to know, commit to, and achieve in terms of our skills and our time, so we can become rated among the select experts sought after by attorneys and the court?

4:00 Conference Wrap Up

* Continuing Education Credits in Process