James D. Senescu, Guest Speaker

Meeting Notes

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James D. Senescu received his B.A. in English from the University of Washington in 1993 and his J.D. in 1997 from Gonzaga University School of Law. Since 2006, he has been in private practice as a partner of Dimitrov, Senescu & Babich, PLLC emphasizing in the protection of vulnerable adults and the litigation of cases involving abuse, neglect and financial exploitation of vulnerable adults via guardianships, probates and civil litigation, actively working with law enforcement to this end. He is a founding member of the Clark County Vulnerable Adult Task Force; an Executive Board member of the Clark County “Elder Justice Center;” and presents at countless trainings locally, statewide and regionally on familial and elder abuse issues to law enforcement, prosecutors, financial institutions, clerks, doctors, attorneys, judges, guardians, social workers, medical professionals and other local groups. He was an adjunct faculty member of Clark College in Vancouver, Washington, serves periodically as a Pro Tempore Superior Court Judge for Clark County, and is a currently appointed Clark County Civil Service Commissioner.

Denise N. Gorrell, Guest Speaker

Denise Gorrell is a partner at Samuels Yoelin Kantor LLP. Ms. Gorrell has spent the last ten years working on a wide range of litigation and guardianship administration issues, with a focus on fiduciary litigation for professional fiduciaries, individual trustees, beneficiaries, and personal representatives. Ms. Gorrell’s litigation expertise includes: contested guardianship and conservatorship cases; will contests; undue influence; claims of fiduciary breach; and financial elder abuse cases. Ms. Gorrell has lectured on guardianship issues, including presenting a CLE on “Litigating Capacity for Contested Guardianships” at the Oregon State Bar Elder Law CLE in October 2012 and facilitating a CLE on moving guardianships and conservatorships at the Oregon State bar Elder Law Section UnCLE in May 2013.

Meeting Notes

Mark Couey has over 29 years of law enforcement experience, having worked for both the Oregon State Police and Washington State Patrol. Over 13 years of his career were spent in the WSP Investigative Services Bureau (ISB). His assignments have included Detective Sergeant assigned to Tax Evasion; Section Commander as a Lieutenant assigned to Narcotics, and as a Division Commander, first as the Captain over the Investigative Assistance Division and later the Special Operations Division.

Mark is honored to represent the Office of the Insurance Commissioner as the Director of the Special Investigations Unit. The unit investigates fraud perpetrated against insurance companies and pursues criminal charges against organized groups and individuals involved in various fraudulent schemes.

Meeting Notes

Jim Coats, Marc Fovinci, and Mark Kralj, Guest Speakers

JIM COATS leads efforts to introduce Ferguson Wellman’s investment expertise and services to prospective clients. He serves as a relationship manager for institutional clients and is a member of the firm’s alternative investments team. Coats joined the firm in 2006 after serving as an associate consultant for R.V. Kuhns & Associates in Portland, Oregon. Upon completing a master’s degree with a concentration in international finance from Columbia University in 2001, Coats joined Morgan Stanley Capital International in New York City as a hedge fund index product manager and business development associate.

MARK KRALJ is a portfolio manager and a member of the equity team managing the energy sector. He is a principal of the firm. Before joining the firm in 1989, he was an equity analyst and portfolio manager for high net-worth clients at First Interstate Bank. Kralj received his B.S. in business from Oregon State University. He also is a graduate of the Pacific Coast Banking School. Kralj is a member and past president of the Chartered Financial Analysts Society of Portland. He serves as a trustee for the Providence Child Center Foundation, the Oregon State University Foundation and the Oregon Symphony Board. Kralj is a founding member of the Professional Advisory Council for the Community Foundation for Southwest Washington and is on the Investment Committee & Planned Giving Committee of St. Vincent Hospital Foundation. He is also on the Campaign Committee for the Oregon State University Cascades Campus. Kralj is past chairman of the Board of Trustees and Investment Committee of the National American Red Cross Endowment.

MARC FOVINCI, CFA, is a portfolio manager and head of Ferguson Wellman’s fixed income team. He is a principal of the firm and a member of its Investment Policy Committee. Before joining the firm in 1991, Fovinci was a senior investment officer for the Washington State Investment Board with responsibility for the state’s fixed income investments. Raised in Northern California, he graduated with honors from Stanford University with a B.S. in mechanical engineering and received his M.B.A. in finance from the University of Washington. Fovinci is a member of the Chartered Financial Analysts Society of Portland. He is a member and past president of the Northwest Taxable Bond Club. He serves on the board of Morrison Child & Family Services and is vice president of the Rotary Club of Portland. He is past president of the board of the Portland State University Foundation and past president of the board of the Portland Rotary Charitable Trust.

Meeting Notes

Kaye J. Nelson and Marshall K. Stagg, Guest Speakers

KAYE J. NELSON is a CPA and has been with Landerholm, P.S. for over 29 years. Kaye’s practice emphasizes tax planning and tax preparation for individuals, trusts, and estates; administration of estates and trusts; and analysis of estate planning and business options. She is a member of the Southwest Washington Estate Planning Council and the Washington Society of Certified Public Accountants. Kaye earned her Bachelor’s Degree at Linfield College and her Master’s Degree from Portland State University.

MARSHALL K. STAGG is an associate attorney with Landerholm, P.S. and he focuses his practice in the areas of taxation, business formations and transactions, and estate planning. Marshall advises clients on federal and state tax issues related to individuals, business entities, trusts, and estates. In addition, he represents taxpayers before the Internal Revenue Service and Washington Department of Revenue. He received his B.B.A. from Walla Walla University, his J.D. from the University of Houston, and his LL.M. (taxation) from the University of Washington. Marshall is also a Washington licensed CPA.

Meeting Notes

Wendy Goff, Guest Speaker

Wendy Goffe is a partner with the law firm of Stoel Rives LLP, Seattle, Washington. She is a Fellow of the American College of Trust and Estate Counsel (ACTEC), a regular contributor to Forbes.com, and a member of the ACTEC Programs Committee. She is a former Adjunct Instructor at Seattle University Law School. She is currently a member of the YWCA Planned Giving Advisory Committee, The Nature Conservancy Planned Giving Committee, The Seattle Foundation Professional Advisory Council, and the Children’s Legacy Council of the Children’s Hospital Foundation. She is a past member of the ABA Taxation Section Community Property Comment Project, the Executive Committee of the Estate Planning Council of Seattle, the Acquisition Committee of the Tacoma Art Museum, the Executive Committee of the WSBA Real Property, Probate and Trust Section, and the Ethics Committee of Valley Medical Center. She is also a past member of the Board of Directors and Grants Committee of The Women’s Endowment Foundation, a supporting foundation of the Jewish Community Endowment Fund, Seattle, Washington.

Wendy Goffe Outline

Erik Schimmelbusch, Guest Speaker

Planned Giving Strategies in a Changing Economy

Lisa Lettenmaier, Guest Speaker

Lisa has owned and operated Healthsource NW since October 2004. Healthsource NW is an independent brokerage agency which focuses on personal lines of insurance such as health, life, dental, disability and long term care. Lisa specializes in navigating the complexities of health and Medicare for individuals, families and small business owners. She is passionate about educating and advising her clients to purchase the right insurance products to meet their budgetary and personal needs.

Over the past few years, Lisa has become an advocate of the insurance industry, specifically health insurance. She has taken the opportunity to testify before committees in Salem and meet with local and state representatives concerning issues of health care and health reform.

Lettenmaier Outline

On May 28, 2013 Mark Couey presents “Office of the Insurance Commissioner–Special Investigations Unit”

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Biography

Mark has over 28 years of law enforcement experience, having worked for both the Oregon State Police and Washington State Patrol. Over 13 years of his career were spent in the WSP Investigative Services Bureau (ISB). His assignments have included Detective Sergeant assigned to Tax Evasion; Section Commander as a Lieutenant assigned to Narcotics, and as a Division Commander, first as the Captain over the Investigative Assistance Division and later the Special Operations Division.

Mark has an Associate’s Degree from Chemeketa Community College in Criminal Justice, as well as a Bachelor’s Degree in Economics from Oregon State University. He is a graduate of the International Association of Chief’s of Police “Leadership in Police Organizations” course. Mark is also a graduate of the DEA’s Drug Unit Commander Academy as well as the FBI’s National Academy, both at Quantico, Virginia.

Mark is honored to represent the Office of the Insurance Commissioner as the Director of the Special Investigations Unit. The unit investigates fraud perpetrated against insurance companies and pursues criminal charges against organized groups and individuals involved in various fraudulent schemes.

On April 23, 2013 James K. Treadwell presents “Select Aspects of Technology In Estate Planning”

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Biography

James K. Treadwell is a graduate of the University of Oregon School of Law and practices as chair of the Trusts and Estates Department of Karr Tuttle Campbell. Mr.Treadwell is a Fellow of the American College of Trust and Estate Counsel, currently serving on the college’s Fiduciary Income Tax and Technology in the Practice Committees, the latter of which he is a prior chair. He has served on the executive committee of the Real Property, Probate and Trust Section of the Washington State Bar Association and was the founding chair of the section’s Probate Law Task Force, a group responsible for significant legislative improvements to the Washington State Probate Code. he is currently actively involved with the Estate and Gift Tax Committee of the Washington State Bar Association’s Tax Section and is a long-time member of the Seattle Estate Planning Council. He is listed in the publication Best Lawyers of America.

Summary

Computer technology has evolved into a frontline component of estate planning.  The purpose of this presentation is to discuss select applications of computer technology in estate planning and to demonstrate their usefulness in plan design and client education.

The presentation will illustrate the application of the two programs that the presenter has found to be of particular value:  NumberCruncher and zCalc.  The presentation will demonstrate applications of these programs in connection with the presentation of appropriate narrative, Excel Spreadsheet results, and PowerPoint illustrations.

The specific illustrations are set forth in the attached Table of Contents and include an S Corp. Grantor Retained Annuity Trust (GRAT) analysis using NumberCruncher, a Private Annuity analysis using the zCalc Tool Box, a Qualified Personal Residence Trust (QPRT) analysis using Excel with zCalc formulas, and an asset protection oriented family capital management plan using Excel accompanied by a related PowerPoint presentation.