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Phil Peterson Participated in the 2016 Estate Planning Conference

On September 30 and October 1, 2016, Phil Peterson, a firm estate planning attorney, participated in the Idaho State Bar’s 2016 Estate Planning Conference presented in Boise, Idaho, by the Bar’s Taxation, Probate & Trust Law Section, of which he is a member.  Topics covered at the seminar included:

  • Safeguarding the Estate Plan to Anticipate & Avoid Litigation;
  • Gun Trusts and Planning for the Distribution of Firearms;
  • Third Quarter Investment Outlook for 2016;
  • Delaware Trusts;
  • Elder Law, Medicaid and VA Benefits;
  • Advanced Care Directives;
  • Federal Tax Update;
  • Trust Administration;
  • Incorporating Charitable Giving into the Estate Plan;
  • Demographics: Understanding Their Economic Impact;
  • Using the Trust & Estate Dispute Resolution Act (TEDRA); and
  • Conservatorships and Guardianships in Idaho.

Phil Peterson Attended Estate Planning CLE Seminar in Boise

On Wednesday, September 28, 2016, firm estate planning attorney Phil Peterson attended a continuing legal education estate planning seminar in Boise entitled “Retrospective Testamentary Capacity: An Approach to Assessment.”   The speaker was Camille LaCroix, M.D., FAPA, a forensic psychiatrist with Forensic Psychiatry Services of Idaho, PLLC., who discussed approaches to post-death assessment of a testator’s/testatrix’s testamentary capacity, including case studies based on probate litigation in which she had participated as an expert witness.  Mr. Peterson is a 37-year member, past president, and current treasurer of Southwest Idaho Estate Planning Council, and this seminar constituted the September meeting of the group.

Phil Peterson Attends 55th Annual Idaho State Tax Conference

Estate planning and taxation attorney Phil Peterson, on October 24 and 25, 2013, participated in the 55th Annual Idaho State Tax Institute in Pocatello, Idaho. Discussion topics during the conference included the following:

● Federal Taxation Update – Tax Developments, November 2012 to October 2013

● Qualified and Non-qualified Employee Retirement Plans

● Elder Law: Elder-Focused Asset Protection Trusts

● Federal Income Tax Issues in the Purchase or Sale of Closely Held Businesses

● Planning for Estate Tax Exemption Portability and other Estate Tax Issues under the 2012 Tax Act [adopted January 2013]

● Hidden Health Care Reform Perils for Employers – Affordable Care Act Implementation

This is the thirty-fourth consecutive year Mr. Peterson has attended the conference, which is presented annually by the Idaho State University College of Business to provide taxation and financial planning continuing professional education for Idaho attorneys and accountants from around the state.

Phil Peterson Attends Idaho State Bar’s Annual Advanced Estate Planning Seminar

Firm estate planning attorney Phil Peterson, a member of the Idaho State Bar’s Taxation, Probate and Trust Law Section, attended the section’s two-day Annual Advanced Estate Planning Seminar on September 6th and 7th, 2013. Topics discussed included:

• Proactive Strategies for Meeting Trustee Fiduciary Responsibilities

• Planning Estate Tax Exemption Portability after the American Taxpayer Relief Act of 2012 (ATRA)

• Integrating Business and Estate Planning with Asset Protection Structuring

• 2013 Investment Environment Update

• ATRA Math: Using mathematical models to choose appropriate estate planning tools to fit client situations

• Elder-Law-Focused Asset Protection Trusts

• Conservation Easements

• Estate Planning During Divorce; and Defense of Marriage Act (DOMA) Estate Planning Implications in the Wake of Windsor [U.S. Supreme Court case striking down Section 3 of DOMA]

• Strategies for Maximizing Social Security Benefits for Married (or Formerly Married) Retirees

The seminar included 1.5 hours of ethics-related estate planning discussions.

Phil Peterson Attends Idaho State Tax Institute Conference

On November 8th and 9th, 2012, tax and estate planning attorney Phil Peterson participated in the 54th Conference of the Idaho State Tax Institute, an annual continuing education seminar which he has been attending for over 30 years. This year’s topics included Estate Planning Under Expiring Transfer Tax Provisions (part of the “fiscal cliff”), Compensation and Self-Employment Issues in a Partnership, Ethics – Representing the Potentially Incompetent Client, Social Security, Conservation Easements, Recent Developments in Federal Income Taxation, and Real Estate Mortgage Investment Conduits (REMICs). The conference is sponsored by the Accounting Department of the College of Business, Idaho State University, and is attended by tax and estate planning attorneys and CPAs from around the state.

White Peterson Attorneys Attend Advanced Estate Planning Seminar

Firm estate planning attorneys Phil Peterson and Todd Rossman attended the Idaho State Bar’s Annual Advanced Estate Planning Seminar on September 7 and 8, 2012. Topics covered at the seminar included:

• Estate and Trust Planning with IRAs and Other Retirement Accounts
• Ethics for Estate Planning and Business Lawyers
• Trustee Fiduciary Risks and Litigation
• Planning for the $2 million to $10 million Estate
• How to Get Business Succession Planning Started
• 2012 Legislative and Judicial Update

Also included in the conference was the annual meeting of the Idaho State Bar Taxation, Probate and Trust Law Section, of which Mr. Peterson and Mr. Rossman are members.

Philip A. Peterson – 2011 Idaho State Bar Professionalism Award

At a recent meeting of the Third District Bar, White Peterson shareholder Philip A. Peterson was awarded the 2011 Professionalism Award from the Idaho State Bar. The Professionalism Award is an expression of respect, commendation and appreciation from the recipient’s peers. It is one of the highest honors Idaho lawyers can receive during their careers.

Honorees are lawyers who have a reputation for civility, ability, diligence, integrity, courtesy and cooperation – epitomizing what it means to be a first-class attorney. Attorneys who exhibit these qualities have distinguished the profession through their conduct and service.

Phil is Past President and current Treasurer for the Southwest Idaho Estate Planning Council and is a regular speaker for the Biennial Idaho Forest Taxation & Estate Planning Conference. He is a current member of the Idaho State Bar Taxation, Probate and Trust Law Section and has also served for years as an Idaho Bar exam grader.

In addition to his law firm practice, he has been active in voluntary community work for over 25 years. Among his community activities are: Nampa Kiwanis Club; Canyon Area United Way; Boise Philharmonic Association; University of Idaho Alumni Association; Parkview School Building Advisory Team; Nampa Bicycle and Pedestrian Master Plan Steering Committee. Phil was recently presented the 2011 A+ Friend of Education Award by the Idaho Education Association for volunteer work with the Nampa School District Early Childhood Learning Center at Lakeridge School.

Commenting on the Award, Phil wrote: I view professionalism in the legal profession as a combination of technical competence, personal integrity, appropriate advocacy and concern for clients’ best interests, ‘bedside manner’ with clients, and respectful courtesy towards other members of the bar. In my experience the late Allyn Dingel and Albert Menard, together with contemporaries Donald Burnett, Edward Ahrens, Stephen Pruss, William Wellman, Carl Hamilton, and William Morrow, have particularly exemplified in their various practices, these attributes.

Phil is the fourth member of the firm to receive this prestigious award.