2013-2014 SLS Annual Report

2013-2014 Annual Report to the Membership: Senior Lawyers Section

The meaning of “senior” is not what it once was. As people are living and working longer, the traditionally “sunset years” are becoming less static and more active and individualized. The Senior Lawyers Section seeks to serve attorneys aged 55 and older in helping them plan for their future, whatever form that may take.

The Section’s full-day Fall program this year was titled, Living to 103 – Are You Prepared? Topics examined included aspects of finance, taxes, and long term care, the use of technology for finding new opportunities, and ethical issues incident to selling or closing a law practice. The program was co-sponsored by NYSBA’s Law Practice Management Committee, and a recorded copy of the program will be available at www.nysba.org/LPMCLE. Programs are tailored to assist attorneys both in their personal planning and with advising clients.

The SLS MCLE program at Annual Meeting, Strategies for Optimizing and Protecting Your and Your Clients’ Assets in Retirement, was well-received and fostered lively discussion. Presentations by respected panelists looked at varied aspects of planning, including types of house transfers, special needs trusts, the basics of wills and trusts, social security, and IRA minimum distributions and Roth conversions.

The Section’s Executive Committee was delighted to host guest speaker Hon. Judith S. Kaye at its September meeting, as she shared her own experience transitioning from her position as Chief Judge in New York’s Court of Appeals. Discussion ensued on how best the vast knowledge and experience of senior lawyers can be harnessed, be it in pro bono service or active practice, and how the Senior Lawyers Section can provide guidance and options to this growing population.

The Section remains committed to diversity in the profession, and to service to the community in pro bono activity. Periodic publication of The Senior Lawyer keeps members abreast of topics of interest to senior attorneys.