9th Annual Conference: Treat Yourself First - Advance Your Skills

Doral Arrowwood Resort and Conference Center

975 Anderson Hill Road, Rye Brook, NY  10573
September 22 - 24, 2011


ADFP University

Morning Sessions

  1. Introduction to Basic Divorce Taxation (4.0 CFP CEU & 4.0 CPE Credits)
    William Donaldson, CFP®, EA, CDFA™

    Divorce and Taxes: Avoiding the Pitfalls In this workshop, Bill Donaldson will cover the basics of divorce taxation as well as temporary changes in the tax laws. Hear the tax rules regarding the home, and how to avoid the pitfalls of alimony and recapture rules. Bill will discuss dividing retirement assets, tax issues re children in divorce, filing status and basics of the 1040 income tax return.
  2. Family Law Software - What's New and Interesting (4.0 CPE Credits)
    Dan Caine, MBA, JD, President, Family Law Software

    We will look at features that are new in the software in the past year. These may include the new "Alimony Needed" targets; the Unearned Income Medicare Contribution Tax; new options on the Property Division screens; the new "What If Equitable Distribution" and "What If Guideline" screens, and more.

    Also, we will look at other interesting topics. These may include upside-down mortgages and short sales; the alimony present value interest rate (marginal or average); rental real estate mortgage cash flow; property division on an after-tax basis; reimbursements for marital property spent for separate purposes; using the Notes button; the effect of mid-year support on the Budget Report; using the "unallocated asset bar chart"; using property settlements; defined benefit plan values and "double dipping," present-valuing social security, and more.
  3. No Cost Low Cost PR Tactics (4.0 CPE Credits)
    Stacy Francis, CFP®, CDFA™

    Stacy's information-packed seminars reveal the insider's secrets that have led to hundreds of press appearances and triple digit revenue growth for her company. In her talk, "PR on a Budget: How You Can Wage an Effective PR Campaign Without Spending a Penny," Stacy will teach you how to pitch yourself and your company in a way that impresses and interests reporters, take advantage of valuable free online tools to increase your media presence, write your own press releases and get thousands of internet search hits, present yourself as an authority in your field, book yourself for paid speaking engagements - without relying on an agent or speakers bureau, and cultivate valuable relationships with the press.

Afternoon Sessions

  1. Introduction to Advanced Divorce Taxation (4.0 CFP CEU & 4.0 CPE Credits)
    William Donaldson, CFP®, EA, CDFA™

    Divorce and Taxes: Special Cases. A basic case is not where you set yourself apart - It is when you are confronted with an unusual situation that gives you an opportunity to become an invaluable resource. In this course, Bill will discuss topics such as dealing with small businesses, decoding complicated income tax returns, non-employed/high asset individuals, stock options as a marital asset - how are they divided, lump-sum alimony alternatives, and much more.
  2. Introduction to Family Law Software (4.0 CPE Credits)
    Dan Caine, MBA, JD, President, Family Law Software

    This introductory session will cover the same topics as the standard monthly 2-hour Webinar, but in person and in more detail. The questions we will address include: How can I help clients gain an understanding of their present and likely future financial situation? How can I help clients understand outcomes upon sale of the residence? How can I value the parties? defined benefit pension plans? How can I find the correct child support guideline amount? How can I help clients reach agreement on a fair spousal support amount? How can I help the parties divide their assets and debts? How can I help the parties reach an equitable distribution on a tax-effected basis? How can I leverage my clients' time in the preparation of the case? How can I most helpfully present the information to clients and attorneys?
  3. Role of the Divorce Financial Planner in Litigation, Mediation and Collaborative Divorce (4.0 CFP CEU & 4.0 CPE Credits)
    Lili A. Vasileff, CFP®, CDFA™, Chair and panel of highly experienced divorce practitioners

    The role of the divorce financial planner is integral to every legal setting: mediation, collaborative and litigation. In each of these settings, our role is defined by specific engagement and scope of tasks to be performed. However, our platform for advocacy, analysis and strategy for generating options for resolution may be very different with each process. It is imperative we are mindful and respectful of the variety of hats we can wear and what protects us from overstepping our boundaries or from falling short of anticipated outcomes. In this session, we define our role in each setting, describe the boundaries and limits placed upon us, and explore methodology for recommending solutions within each process. Our potential participation in each of these legal communities is powerful and essential for accelerating the public's recognition of divorce financial planning. Learn from experienced practitioners who navigate the complexities of these different legal venues to provide valued added to their clients.


Having Tea with the Jabberwocky (1.5 CFP CEU & 1.5 CPE Credits)
Julie S. Rivers, Esq., Gerber & Bateman, PC

Indulge yourself and learn how to tap into your sense of creativity and be present in the moment. This experiential learning technique teaches you how to prepare your clients to work together in the divorce process and enhances opportunities for generating options for problem resolution. You will learn how to safeguard your clients' interests and give them tools to be resilient so that the divorce process moves forward holistically.

When the Honeymoon is Over... Estate Planning Before and After the Divorce (2.0 CFP CEU & 2.0 CPE Credits)

Gary Botwinick, Esq., Partner, and Patricia Barbarito, Esq., Partner, Einhorn, Harris, Ascher, Barbarito & Frost, P.C.

No matter where you look, you cannot escape the statistics regarding the high rate of divorce in the United States. The business of divorce is booming. So it would be naïve not to consider the impact of a divorce on the family finances during all stages of a marriage -- beginning even before the festive wedding day.

But what about the idea of planning for a possible divorce while still remaining in a marriage that the other party has no idea is heading for an end? Is a divorce something that can, or should, be planned for "privately" -- before one's spouse realizes the end is near? Should married people evaluate their situation vis-a-vis the death of their spouse, versus their situation after a divorce? Perhaps these considerations while pretending to be in a "good" marriage are a bit duplicitous -- but it is naive to suggest that it doesn't happen, or shouldn't be done.

Our program will focus on these issues and other related topics that family law practitioners face on a regular basis. The speakers will address the interrelation between matrimonial, financial, estate and tax issues that factor into these matters. The program is intended to focus the attention of planners on issues that are important in all stages of a marriage, so that attendees are equipped to view these considerations in a new light.

Presentation of Annual Pioneering Award to Dan Caine and Wendell Smith, Developers of Family Law Software

Keynote Address by Dan Caine, "How We Got Here and Where We're Headed"

Understanding Forces Behind Money Behavior and their Implications for Divorce Financial Planners: During and After Divorce (2.0 CFP CEU & 2.0 CPE Credits)
Tahira K. Hira, PhD, Professor, Iowa State University

Focus of this presentation will be on understanding the complexity of financial behavior with special attention to role of money in marriage and divorce; personality traits that lead to success and failure in managing one's financial resources. Selected research findings that help understand a) the gender differences in financial attitudes, beliefs and behavior; b) predictors of financial management practices leading to financial success and financial failures, c) role of consumer bankruptcy and credit counseling as a solution to consumer delinquencies. Specific initiatives of the President's Council on Financial Literacy and benefits of financial education to businesses and clients will also be discussed. Implications of research findings will be developed to show how divorce financial planners may use information presented here to identify personality and relationships issues that underlie financial behaviors among divorce clients and how to redesign financial planning approach to be more effective in working with divorcing couples.

An Integrated Collaborative Divorce Team Model (2.0 CFP CEU & 2.0 CPE Credits)
Eva Sachs, CFP®, CDFA™, Divorce Financial Consulting, Toronto, Canada

Discussion of an integrated collaborative team model developed by Eva Sachs, a divorce financial planner and Marion Korn, a collaborative lawyer. In this session you will learn why they came together, how they integrated this business model into their practices, how the model makes the process more effective and efficient for both clients and team members, what it takes to build a successful collaborative interdisciplinary team and practical tools and tips.

Advanced Case Studies in Divorce Taxation (2.0 CFP CEU & 2.0 CPE Credits)
William Donaldson, CFP®, EA, CDFA™

In this advanced level workshop, real cases will be analyzed to illustrate how mistakes can be avoided had the proper advice been given before the final agreement is drafted. Excerpts from actual divorce agreements and experiences from various cases will be reviewed in a hands-on, practical format. Participants will learn where to look for and how to identify potential tax traps and develop strategies to avoid them. Examples are real estate transactions, pension divisions, alimony and child support, dividing investments and dividing stock options.

Conference Day 2

Participation-Centered Learning and the Case Method: Coming Up with Solutions and Successful Recommendations (2.5 CFP CEU & 2.5 CPE Credits)
Lili A. Vasileff, CFP®, CDFA™, Chair, Amy L. Whitlatch, CFP®, CDFA™, Kevin Worthley, CFP®, CDFA™, Darlys Harmon-Vaught, Darlys credentials: Ed.D, CDFA, CFFA, CFE, CTS

When divorce financial planners are faced with a client's case, we place ourselves in the role of decision maker as we understand the situation and identify the problems we are faced with. We perform the necessary analysis - and this session follows up efficiently on last year's analysis session. This is a stand alone presentation that will open your eyes to problem solving and how to present successful recommendations. Our challenge at this session will be to craft practical and desirable solutions, to think outside the box when necessary, and to provide seamless support that is supplemental to the legal process.

On site, you will be asked to reflect on the case, to meet in learning teams to "warm up" and to discuss findings with peers. Under questioning and guidance from instructors, you will probe underlying issues, compare different alternatives, debate nuances, and finally, suggest courses of action in light of the case's objectives. The interaction with your peers allows you to learn from listening, observing, asking questions, and talking. As the case study unfolds, this interaction with your peers is enriched by your diverse backgrounds, states, experiences, and impressions. At the end of this session, we should all be amazed by the depth and breadth of the exchange of ideas.

The Intricacies in Valuing a Pension (2.0 CFP CEU & 2.0 CPE Credits)
Robert Guarnera, MSPA, FCA, MAAA, EA, CPC, Pension Actuaries, Inc.

Your client calls you and tells you he needs your help. They are considering a divorce and they are establishing a value on all of their assets. He tells you that he has a corporate defined benefit pension and his wife is covered under the federal pension system. In addition, they have a 401(k) and 457 plan plus some IRAs. They ask you to determine the values and advise them of what is considered marital property.

This session will discuss the differences between ERISA and non-ERISA plans, problems and intricacies inherent in determining a value, how to calculate the benefit, what retirement age to use, what assumptions to use, tax impacting and preparing a report for expert testimony.

Professional Protocols and Standards (Carl M. Palatnik, PhD, CFP®, CDFA™, AAMS®)

Progress report on the work of the Association of Divorce Financial Planners toward the development of protocols and standards for the divorce financial planning profession. A must for all practitioners as well as allied divorce professionals.

Integration of the Value of a Privately-Held Business in the Divorce Process (2.0 CFP CEU & 2.0 CPE Credits)
Kenneth J. Pia, Jr., CPA, ABV, ASA, MCBA, Partner, Meyers, Harrison & Pia, LLC

Let's face it, the end result of a divorce is a division of financial assets and income; same as it is with the dissolution of any financial partnership.

This session will focus on the financial implications of the privately-held businesses value and earnings which in many cases is the single largest asset and income source to the marital partnership. In this session you will learn to understand what the "value" of a private company really means and how value and income from the same source can sometimes be "double-dipping" to the detriment of one of the parties. You will also learn about what "true" income really is and how sometimes forensic accounting techniques must be used to determine what that is.

Ken will talk about the various ways a financial valuation expert can be used in the divorce process including successful settlements and ultimately how the expert is persuasive in presenting their conclusions and opinions to the court, mediator/arbitrator or both lawyers as a "neutral" expert.

Effective Time Management in the Age of 24/7 Accessibility (2.0 CPE Credits)
Karin Vibe-Rheymer-Stewart, Founder Daily Mastery

As an independent professional, you have many demands on your time: taking care of your clients, administering your practice, and marketing it among others. When you add to this already full plate the management of email, phone and other tools that make you accessible 24/7, getting everything done often seems impossible. In this presentation, Karin Stewart will introduce some practice of time management that will make it easy for you to get your work done, manage your cases more effectively and have time left over for your life.