9:00 am – 10:00 am Welcome Conference Emcee, Donald Kress, CEO & President – Coral Gables Trust
Session 1: Economic Update Lindsey Piegza, Chief Economist, Managing Director – Stifel Topic Summary: Chief Economist Dr. Lindsey Piegza will look at the current state of the economy following the pandemic and what it means going forward for overall growth, interest rates and monetary policy. She will cover macro-economic trends in consumer spending and investment, in addition to new monetary and fiscal policy initiatives and the potential economic effects of these changes. She will also examine the changing global and political environment, and how it will affect the economic recovery. Participants will leave this session able to advise management teams on the possible effect of economic issues on their organizations.
10:00 am – 10:30 am Break Sponsored by: MainStreet Advisors
10:30 am – 11:45 am Session2: Estate Planning & Family Law Panel Discussion
James Davis, Co-Chair, Tax Practice Group – GUNSTER
Alexander Douglas, Partner – Shuffield Lowman
Theodore Kypreos, Shareholder – Jones Foster
Moderated by: Kelly O’Keefe, Shareholder – Stearns Weaver Miller
1:00 pm – 2:00 pm Session3: Wealth Management Trends “Advising Clients on Philanthropy” Nikki D. Packer, Senior Philanthropic Specialist, Senior Vice President Philanthropic Services, Florida – Wells Fargo Wealth & Investment Management Topic Summary: 90% of high net worth households are involved in charitable giving. But only 27% of those families have a formal philanthropic strategy. If you are not talking to your clients about philanthropy, someone else is. This session will highlight the importance of bringing this conversation to your clients and offer resources to securing this business for now…and generations to come.
2:15 pm – 3:15 pm Session4: Directed Trust Stacy Rubel, Partner – Virgil & Rubel LLP Topic Summary: This presentation will include a review of the duties and responsibilities of co-trustees under Florida Statutes and Florida Case Law. This will include a discussion regarding how decisions are made when there is more than one fiduciary including: reviewing trust language, unanimity/majority requirements, directed trustee provisions and law, and when court intervention is appropriate. It will also discuss the liability of a co-trustee who dissents or otherwise does not participate in a decision.
3:15 pm – 3:30 pm Break Sponsored by: MainStreet Advisors 3:30 pm – 5:00 pm Session5: Regulatory Update and Fireside Chat Jimmy Patronis, Chief Financial Officer – State of Florida Moderated by: Mark Parthemer, Chairman, FBA Trust Executive Committee – Glenmede
5:00 pm – 6:30 pm Networking Reception
Friday, September 22, 2023
7:30 am – 8:30 am Breakfast
8:30 am – 9:30 am Session6: Cyber Security by Thinking Like a Cyber-Criminal Etay Maor – Senior Director Security Strategy – Cato Networks Topic Summary: We cannot defend our online identities and the companies we work for if we do not understand how cybercriminals think and operate. In this introduction to the mind of a cybercriminal we will see the different techniques threat actors employ, from social engineering, to open source intelligence, to wifi hacking and more. We will not just discuss them but see live demonstrations as well. Finally, we will review techniques to detect, mitigate, and prevent the threats discussed.
9:30 am – 9:45 am Break Sponsored by: MainStreet Advisors 9:45 am – 10:45 am Session7: Blockchain Tech David Spencer, “The Blockchain Accountant,” Founder – DKS Tax & Consulting Topic Summary: The bitcoin and blockchain industry is rapidly developing. In this session, we will discuss Bitcoin’s origins, then quickly on the mechanics of the technology. Once we have a foundation, we will discuss how it is being implemented around the world and here at home as well. This will lead us to a discussion about the developments in Florida and around the nation in the blockchain industry. Lastly, we will learn how to secure these assets for clients and avoid being the person who lost millions because they lost a password.
10:45 am – 11:45 am Session8: Digital Asset Administration: “The Digital Afterlife - The Intersection of Technology, Estate Planning and the Law” Lee Poskanzer, CEO – Directive Communications Systems (DCS) Topic Summary: Unlike physical property, digital assets don’t have paper records making them difficult to identify, access and distribute to heirs. They have inherent features the can wreak havoc on a decedent’s estate value, their legacy and their personal community’s privacy. And unlike assets we’re familiar with and digital property is bound by several governing authorities, including privacy laws and custodian Terms of Service Agreements, that can prevent access to needed and wanted assets. This session addresses the many facets of digital assets that impact planning and administration strategies. • Common myths and popular recommendations that can easily result in access failure • Client online behavior and their expectations for their estate • Digital content provider (website and app owners) culture • Impacting regulations and policies that effect portfolio management • Impacting factors critical for digital asset succession management