<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<style><!--
/* Font Definitions */
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;
mso-ligatures:standardcontextual;}
p.MsoListParagraph, li.MsoListParagraph, div.MsoListParagraph
{mso-style-priority:34;
margin-top:0in;
margin-right:0in;
margin-bottom:0in;
margin-left:.5in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;
mso-ligatures:standardcontextual;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri",sans-serif;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
/* List Definitions */
@list l0
{mso-list-id:107816357;
mso-list-type:hybrid;
mso-list-template-ids:-1525536386 67698689 67698691 67698693 67698689 67698691 67698693 67698689 67698691 67698693;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level3
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l0:level4
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level5
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level6
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
@list l0:level7
{mso-level-number-format:bullet;
mso-level-text:\F0B7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Symbol;}
@list l0:level8
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:"Courier New";}
@list l0:level9
{mso-level-number-format:bullet;
mso-level-text:\F0A7;
mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;
font-family:Wingdings;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72" style="word-wrap:break-word">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:14.0pt">Dear Committee Members,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">I am in the process of putting together an agenda for the Annual Meeting in Phoenix (March 7 at 1:00 pm local time). So far, I have the following topics:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:14.0pt">Discussion of CCA 2023052018 (IRS position that modifying a grantor trust to add a grantor tax reimbursement provision constitutes a gift)<o:p></o:p></span></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:14.0pt">Discussion of U.S. v. Paulson<o:p></o:p></span></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:14.0pt">Techniques for using the gift tax exemption of minors<o:p></o:p></span></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:14.0pt">Estate planning for the family cabin<o:p></o:p></span></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:14.0pt">Benefits of using interest-free loans to trust beneficiaries<o:p></o:p></span></li></ul>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">We probably have time to take on a couple of additional topics. If you have any suggestions of topics you would like the committee to discuss (and/or people who might be good to lead the discussion), please
send me an email.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Happy New Year!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Best regards,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Beth<o:p></o:p></span></p>
</div>
<div dir="ltr" style="mso-line-height-rule:exactly;-webkit-text-size-adjust:100%;font-size:1px;direction:ltr;">
<table cellpadding="0" cellspacing="0" border="0" style="width:100%;font-size:1px;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:24px 0 0;vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td style="padding:0;border-top:none;border-right:solid 2px #EB0028;border-bottom:none;border-left:none;">
</td>
<td align="left" style="padding:0 0 0 5px;vertical-align:middle;">
<table cellpadding="0" cellspacing="0" border="0" style="width:100%;font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:2px 0 0;vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="white-space:nowrap;color:#000001;font-size:20px;font-family:Arial;font-weight:700;font-style:normal;text-align:left;line-height:16px;">
<tbody>
<tr style="font-size:15px;">
<td style="font-family:Arial;">Beth Shapiro Kaufman<span style="font-family:remialcxesans;font-size:1px;color:#FFFFFF;line-height:1px;"></span> </td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="white-space:nowrap;color:#000001;font-size:20px;font-family:Arial;font-weight:400;font-style:normal;text-align:left;line-height:16px;">
<tbody>
<tr style="font-size:15px;">
<td style="font-family:Arial;">Partner</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="white-space:nowrap;color:#000001;font-size:20px;font-family:Arial;font-weight:400;font-style:normal;text-align:left;line-height:16px;">
<tbody>
<tr style="font-size:15px;">
<td style="font-family:Arial;">National Chair, Private Client Services</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="font-size:0;">
<td align="left" style="vertical-align:bottom;">
<table cellpadding="0" cellspacing="0" border="0" style="white-space:nowrap;color:#000001;font-size:20px;font-family:Arial;font-weight:400;font-style:normal;text-align:left;line-height:16px;">
<tbody>
<tr style="font-size:15px;">
<td style="font-family:Arial;">Lowenstein Sandler LLP</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="width:100%;font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:0 0 24px;vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="width:100%;font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:10px 0 10px 8px;vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:0 0 2px;vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="white-space:nowrap;color:#000001;font-size:20px;font-family:Arial;font-weight:400;font-style:normal;text-align:left;line-height:16px;">
<tbody>
<tr style="font-size:13.33px;">
<td style="font-family:Arial;"><span dir="ltr" style="direction:ltr;">T: <a href="tel:(202)%20753-3787" target="_blank" id="LPlnk689713" style="text-decoration:none;color:#000001;">(202) 753-3787</a></span></td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="font-size:0;">
<td align="left" style="vertical-align:top;">
<table cellpadding="0" cellspacing="0" border="0" style="font-size:0;line-height:normal;">
<tbody>
<tr style="font-size:0;">
<td align="left" style="padding:0 0 0 8px;vertical-align:top;"><img src="cid:image188928.png@25F693FC.00CE4795" border="0" alt="" style="font-size:0;"></td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</div>
<br>
<hr>
<font face="Arial" color="Gray" size="2"><br>
This message contains confidential information, intended only for the person(s) named above, which may also be privileged. Any use, distribution, copying or disclosure by any other person is strictly prohibited. In such case, you should delete this message
and kindly notify the sender via reply e-mail. Please advise immediately if you or your employer does not consent to Internet e-mail for messages of this kind.<br>
</font>
</body>
</html>