2o 12October

18&19TBA Barrett

Training Centernashville

Trust & Wealth m a nag e m e n t c o n f e r e n c e

Conference AgendaThursday, October 18Noon Registration Refreshments sponsored by ProxyTrust, Islandia, NY

1:00 pm Federal Issues UpdateTimothy Keehan, Vice President Senior Counsel, Center for Trust, Investments, and Securities, American Bankers Association, Washington, DCThis presentation covers proposed federal legislation and regulation affecting the trust business.

2:00 pm Finding Value & Controlling Risk in Today’s Low Interest Rate Environment Rick Calhoun, First Vice President, Crews & Associates, Inc, Little Rock, AR

Fixed income yields are at an all-time low, and un-less the global economic picture changes dramati-cally, rates have the potential to remain extremely low for many years into the future. Calhoun will show how trust investment officers can increase overall return while controlling risk. The presentation will examine the current condition of traditional investments such as US Treasury, govern-ment agency, municipal, and corporate bonds. The lecture will also highlight opportunities and tactics to improve performance such as municipal and corpo-rate sector rotation, defensive securities, government guarantees, and alternative investments. Avoiding “the hazard of loss” from investments that are commonly used will be discussed since protecting principal is al-ways a trust department’s primary objective

3:00 pm Break Sponsored by Broadridge Financial Solutions, Inc, New York, NY

3:15 pm State Law Update/Tennessee Taxes Bryan Howard, Howard & Mobley, PLLC, Nashville, and Al Secor, Executive Vice President, CapitalMark Bank & Trust, ChattanoogaTennessee’s General Assembly made a number of changes, particularly with regard to the inheri-tance and gift taxes. This segment covers recent legislation, as well as court decisions, and high-lights several tax traps for practitioners when de-signing estate plans.

5:00 pm Reception Sponsored by Crews and Associates, Inc, Little Rock, AR

6:00 - Dinner & Nashville Songwriters 8:00 pm Lee Thomas Miller and Roger Cook Sponsored by Federated Investors, Inc, Pittsburgh, PA

Friday, October 197:30 am Breakfast Sponsored by MainStreet Advisors, Chicago, IL New York, NY

8:30 am Prudent Investor Rule – Placing Responsibilities before Returns Ryan Layton, Portfolio Manager, MainStreet Advisors, Chicago, IL

This presentation will focus on the importance of understanding the Prudent Investor Rule from an in-vestment perspective and will discuss the duties and responsibilities a fiduciary has to its clients. There are several areas of fiduciary responsibility that can never be fully abdicated to outside parties. However, if stat-utes and trust provisions permit, the fiduciary may delegate certain decisions to professional managers, in-vestment advisors, and/or consultants. Understanding the Prudent Investor Rule provides the parties involved with the necessary guidelines for meeting their fiducia-ry responsibility. These, and other important elements of the Prudent Investor Rule, will be highlighted.

9:30 am Using Corporate vs Personal Fiduciary Panel Moderator: Keith Keisling, Vice President/ Trust Officer, Equitable Trust Company, Nashville

Panelists: Thomas R. Buckner, Attorney, Apperson Crump, PLC, Memphis; Carl Henderson, Part-ner/CPA, Henderson Hutcherson & McCullough, PLLC, Chattanooga; Chris Kelly, Senior Vice Presi-dent, Pinnacle Bank, Murfreesboro

The initial choice of corporate versus personal fidu-ciary is a critical and important decision in an estate plan. However, as the trust or estate administration continues, there are numerous instances where this choice affects the ongoing duties and responsibilities of the executor or trustee and may need to be re-viewed. This expert panel will review and highlight the legal and practical issues attendant to this choice and the administration of the estate or trust.

10:45 am Break Sponsored by AccuTech Systems Corporation, Muncie, IN

11:00 am Economic/Investment Outlook Gerald W. Laurain, CFA, First Tennessee Bank Wealth Management, Memphis, TN

With the election in sight and numerous federal budget, tax, and financial issues deferred until a lame duck session, this segment will highlight the state of the economy and its potential outlook.

Noon Conference Adjourns

Thank You to Our General Sponsors Devonshire Fund, White House, OH, IPI Trust Services, Little Rock, AR, and INFOVISA, Canton, GA

Song writers:Lee Thomas Miller and Roger Cook

egories, has been selected as one of the top 100 Lawyers in the US by Worth Magazine, one of the best lawyers in Tennessee by Business Tennessee mag-azine, and one of the Best Lawyers in Tax Law by Corporate Counsel maga-zine. He has the AV rating (highest available) for ethical standards and le-gal ability from Martindale-Hubbell’s peer review ratings system. Howard frequently lectures and writes on estate planning and taxation topics.

KEITH KEISLINGKeith Keisling is a vice presi-dent and trust officer with Equitable Trust Company in

Nashville, TN. He has 28 years’ experi-ence in the trust industry. An attorney, Keisling practiced law for several years before beginning his banking career in 1984.He is a graduate of Tennessee Techno-logical University, received his Juris Doc-torate degree from the George C. Taylor School of Law at the University of Ten-nessee, is a graduate of Cannon Finan-cial Institute’s Corporate Trust School at Pepperdine University, and is a graduate of the ABA’s National Graduate Trust School at Northwestern University. He holds the designation of Certified Trust and Financial Advisor. Keisling is a member of the Tennessee Bar Association, the Nashville Estate Planning Council, is a past chairman of the Tennessee Bankers Association Trust Committee, has served as a trustee and a class director of the Southern Trust School, and serves as a trustee of the Ten-nessee Technological University College of Business Administration Foundation.

CHRIS KELLyWith 24 years’ experience in the finan-cial and legal industries, Kelly is a senior

THOMAS R. BUCKNERThomas Buckner is an at-torney and member of the firm Apperson Crump, PLC, of Memphis. His specialties include probate,

estate, and trust administration; wills, trusts, and estate planning; and tax planning.Buckner earned his BA degree from Virginia Military Institute and his JD from Vanderbilt University. He is a fellow with the Tennessee and Memphis Bar Foundations and a member of the Memphis, Tennessee, and American Bar associations.

RICK CALHOUNRick Calhoun is first vice president of sales & trading at Crews & Associates, Inc, a regional broker/dealer in

Little Rock, AR. He majored in histo-ry and political science at the Univer-sity of Central Arkansas and received a degree in business management from John Brown University. Calhoun joined Crews & Associates in 1982 and presently serves as a prin-cipal at the firm, holding a NASD Se-ries 24 general principal’s license and MSRB Series 53 municipal principal’s license. He is a fixed income special-ist, institutional broker, and has been instrumental in training new brokers and investment officers during his 30-year career in the securities industry. Calhoun taught investments at the Southern Trust School and has con-ducted classes in Bond Basics, Cus-tomer Service, and Investment Fun-damentals during his career. He is a member of various public policy and economic organizations and is fre-quently quoted in The Bond Buyer Magazine.

CARL HENDERSON, CPACarl Henderson is a partner with Henderson Hutcher-son & McCullough, PLLC, Chattanooga. He joined HHM in 1981 as was admit-

ted to partnership one year later. As a past managing partner, Henderson spe-cializes in estate/gift planning for indi-viduals and succession planning for his corporate clients.He is a former revenue agent for the IRS and often serves as an expert witness be-fore the US Tax Court and the US Bank-ruptcy Court.Henderson earned his BS degree in ac-counting from Austin Peay State Univer-sity. A CPA, he is an active member of the Tennessee Society of Certified Public Accountants.

BRyAN HOWARDBryan Howard is a co-found-ing member of Howard & Mobley, PLLC. He assists families whose net worth exceeds $10 million with

wealth transfer planning, tax reduction planning, charitable giving, and asset protection planning. He also advises the owners of closely held businesses with respect to tax and business succession is-sues and represents fiduciaries and ben-eficiaries with regard to trust and estate administration and litigation issues. Howard earned his BS degree in busi-ness administration from the Uni-versity of California at Berkeley, his JD from Vanderbilt University Law School, and his LLM, taxation, from the University of Florida Levin Col-lege of Law. He is certified as an estate planning specialist in Tennessee.Howard is listed in the Best Lawyers in America (2001-2010 editions) in both the tax and trusts and estates cat-

Speaker Bios

Speaker Biosvice president with Pinnacle Bank where he heads the bank’s administrative trust group in Murfreesboro, TN. Before joining Pinnacle, he

maintained an active law practice in Middle Tennessee with an emphasis in estate planning, probate, real estate, and business law.Prior to entering private practice, Kelly was a trust officer with Cavalry Banking in Murfreesboro for several years.He holds a bachelor’s degree, with hon-ors, from Middle Tennessee State Uni-versity and his Juris Doctorate from the Nashville School of Law. He is also a graduate of Southern Trust School.Admitted to the Tennessee bar in 1998, Kelly maintains membership in the Ten-nessee Bar Association and the Ruther-ford-Cannon County Bar Association. He serves on the Trust Committee of the Tennessee Bankers Association, and vol-unteers regularly in pro-bono activities.

GERALD W. LAURAIN, CFA Gerald Laurain is chief invest-ment officer for the wealth management division of First Tennessee Bank, Memphis, TN. Laurain has over 30

years of experience in the securities in-dustry. He began his career with First Horizon’s wealth management division as the chief investment officer in 2007. Since that time, he has been instrumen-tal in evolving investment strategies with new program offerings such as alterna-tive investments, real assets, and relaxed constraint mutual funds.

He received a BA degree in mathemat-ics/statistics and an MS degree in man-agement with a concentration in finance from Case Western Reserve University. He holds Series 7, 24, 63, and 65 li-censes and is designated as a chartered financial analyst.Laurain’s prior securities experience in-cludes working with US government se-curities at Paine Webber Jackson & Cur-tis (now USB Securities), Merrill Lynch government securities, and The Chicago Corporation’s private equity group, con-sulting at the Chicago Mercantile Ex-change, the London International Fi-nancial Futures Exchange. He also was the director of alternative investments at LaSalle’s wealth management group.He frequently holds investment seminars, investor education workshops, and meets one-on-one with investment clients.

RyAN LAyTON, CFARyan Layton is portfolio manager with MainStreet Advisors, Chicago, IL. He is responsible for client re-lationships which include

portfolio analysis and management. He also sits on the investment committee, individual stock team, and asset alloca-tion team.Prior to joining MainStreet Advisors, Layton was an assistant vice president and investment manager with Wells Far-go Wealth Management Group in Min-neapolis, MN, where he handled client consulting and portfolio management. Along with these responsibilities, he was actively involved in the firm’s asset alloca-

tion and investment selection processes.Layton earned his BS degree in finance from Michigan Technological Univer-sity. A chartered financial analyst, he is a member of the CFA Society of Min-nesota.

ALBERT W. SECORAl Secor is executive vice president and director of cli-ent services with CapitalMark Bank & Trust, Chattanooga, TN. He joined the bank in

2008 to initiate the its trust offering.Prior to starting a banking career in 1995, Secor was in the private practice of law for 29 years emphasizing probate and estate planning and state and federal taxation.Secor received his BBA degree in ac-counting and a JD from Emory Uni-versity and his LLM in taxation from New York University. He is a member of the American, Tennessee, and Chatta-nooga Bar associations; a past president of the Estate Planning Council of Chat-tanooga; and a fellow of the American College of Trust and Estate Council. He also serves as chairman of the Tennessee Probate Study Group. Secor is the author of the Tennessee Pro-bate, The West Group, 1979, Second Edition 2002, and co-author of Tennes-see Elder Law, The West Group, 2009. He is a frequent speaker on estate plan-ning and estate administration topics to the bar and other organizations.

Entertainer BiosLee Thomas Miller is a songwriter and occa-sional record producer born in Nicholasville, KY. His credits include the number one country

hits “The World” and “I’m Still a Guy” for Brad Paisley and “You’re Gonna Miss This” for Trace Adkins, as well as top 10 hits for Terri Clark, Joe Nichols, and Jamey Johnson and other artists. Three of his songs – “You’re Gonna Miss This, “The Impossible” and “In Color” have been nominated for Best Country Song at the Grammy Awards.

A 1991 graduate of Eastern Kentucky University, Miller moved to Nashville after graduation to find work as a song-writer.

In addition to his songwriting, Miller has also produced for Curb Records artists Steve Holy and Amy Dalley.

Miller was recently named the new president of Nashville Songwriters As-sociation International (NSAI). He has been active in NSAI’s advocacy efforts on behalf of songwriters for several years.

Singles composed by Lee Thomas Miller•Trace Adkins – “You’re Gonna

Miss This”•Blackhawk – “Days of America”•Blue County – “That’s Cool”• Terri Clark – “I Just Wanna Be Mad”•Amy Dalley – “Men Don’t

Change”, “Good Kind of Crazy”• Jamey Johnson – “In Color”• Tim McGraw – “Nothin’ to Die For”• Joe Nichols – “The Impossible”•Brad Paisley – “The World”, “I’m

Still a Guy”•Deric Ruttan – “That’s How I

Wanna Go Out”•Tommy Shane Steiner – “What

We’re Gonna Do About It”

Roger Cook is one of the most gifted and pro-lific songwriters in the world, having written and produced numer-ous hit songs recorded

by countless recording artists.

Born in Bristol, England, in 1940, he has spent most of his professional songwriting career in Nashville, moving her in 1975.

Inducted into the Nashville Songwrit-ers Hall of Fame in 1997, Cook is the only British songwriter ever to gain that honor. Among his other honors, Cook was named UK Songwriter of the Year for 1970-71 and 1971-72; 1978–BMI\Song of the Year\Talking In Your Sleep; and 1995–PRS\Lifetime Achievement Award.

Among the many artists, crossing mul-tiple genres, who have recorded songs penned by Roger Cook are Elton John, Ray Charles, Bing Crosby, Johnny Cash, Culture Club, Deep Purple, Neil Dia-mond, the Drifter, Tom Jones, Brenda Lee, Bette Miller, John Prine, Bonnie Raitt, and many more.

Many of his hits have been written in collaboration with Roger Greenaway, whom he met originally when they were members of the close harmony group, The Kestrels. They had a brief but successful recording career of their own between 1965 and 1967 as David and Jonathan. The two penned their first hit as songwriters for others in 1965 with “You’ve Got Your Troubles” for The Fortunes, which hit #7 on the US charts and #2 on the UK charts.

Among his major hits as a co-writer were “I’d Like to Teach the World to Sing” (The New Seekers), “Something’s Got-ten Hold of My Heart” (Gene Pitney), “Gasoline Alley Bred” and “Long Cool Woman In a Black Dress” (The Hollies), “I Was Kaiser Bill’s Batman” (Whistling Jack Smith), and many more.

After the move to Nashville, he had more hits including “Talking in Your Sleep” (Crystal Gayle 1978, first re-corded by Marmalade), and “Love Is on a Roll” (Don Williams).

In 1977 he produced The Nashville Album, a record by Chip Hawkes, who had recently left The Tremeloes. Cook also opened a publishing com-pany with accomplished songwriter Ralph Murphy named Pic-A-Lic.

Later he turned to writing for the stage, and has worked on two musicals, Beau-tiful and Damned, based on the lives of Jazz Age author F. Scott Fitzgerald and his wife Zelda, in collaboration with Les Reed; and Don’t You Rock Me Daddio, set in 1957 at the height of the skiffle age, with Joe Brown. Catalog Highlights: • “You’ve Got Your Troubles”- Co-

writer: Roger Greenaway Artists: Fortunes (1965)

• “Green Grass” - Co-writer: Roger Greenaway, Artists: Gary Lewis & the Playboys (1966)

• “My Baby Loves Love” - Co-writer: Roger Greenaway, Artists: White Plaines (1969)

• “Here Comes That Rainy Day Feel-ing” - Co-writer: Roger Greenaway, Tony McAuley, Artists: Fortunes (1970)

• “I’d Like To Teach the World To Sing” - Co-writer: Roger Green-away, Backer, Davies, Artists: New Seekers (1970)

• “Long Cool Woman in a Black Dress”- Co-writer: Roger Greenaway, Alan Clarke, Artists: Hollies (1972)

• “Talking In Your Sleep” - Co-writer: Bobby Wood, Artists: Crys-tal Gayle (1978)

• “Livin’ In These Troubled Times” - Co-writer: Phillip Donnely, Artists: Crystal Gayle (1979)

Hotel InformationThe Springhill Suites, 250 Athens Way, Nashville, is holding block of rooms on a first-come, first-served basis at a special group rate of $111 single/double per night. The deadline for making hotel reservations at the conference rate is October 4. When the allotted room block is sold, room rates will return to standard prices on a space-available basis, even if it is before the October 4 deadline, so be sure to reserve your accommodations early.

To make reservations, contact the hotel directly at 800/971-4761 and ask for the Tennessee Bankers Association block of rooms to receive the special group rate.

Reservations can also be made at the Millennium Maxwell House Hotel, 2025 Rosa L. Parks Boulevard, by calling 800/457-4460. Let reservations personnel know that you are with the Tennessee Bankers Association to receive the special rate of $99 for a standard room (plus tax), as long as standard rooms are available.

Conference Fees

Fee includes instruction; instructional materials; reception, dinner, and entertainment on Thursday evening; continental breakfast on Friday; and refreshment breaks on both days.

No written confirmation of seminar registration will be sent from the TBA.

Participation in TBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or nonmember rates.

TBA Members / Associate Members MemberSpouses Nonmembers Nonmember

Spouses

Early Registration $285 $85 $570 $170

Early registration deadline is October 4.

Registration $315 $115 $600 $200

At-the-door $365 $165 $650 $250

Trust Committee Chairman: Al Secor, Executive Vice President, CapitalMark Bank & Trust, ChattanoogaChairman-elect: Kim Boone, Senior Personal Trust Officer, First Farmers and Merchants Bank, ColumbiaVice Chairman: Chris Kelly, Senior Vice President/Trust Advisor, Pinnacle Bank, Murfreesboro

Immediate Past Chairman: Doug Roth, Vice President and Tennessee Trust Division Manager, BancorpSouth Bank, Jackson

EastMike Bevins, Executive Vice President, Citizens National Bank, AthensDavid Long, Vice President/Trust Officer, First Tennessee Bank, NA, Knoxville

MiddleJoseph Presley, President/CEO, Cumberland Trust and Investment Company, NashvilleCharlotte Csabi, Senior Vice President/Trust Officer, Pinnacle Bank, Murfreesboro Keith Keisling, Vice President, Equitable Trust Company, Nashville Derrick A. Jones, Wealth Management Services Managing Director, Nashville Bank and Trust Company, Nashville

westJoyce Crocker, Senior Vice President/Trust Officer, Carroll Bank and Trust, HuntingdonHarold Fletcher, Attorney, MemphisEmily Walker, Trust Officer, Commercial Bank & Trust Co, Paris

Al Secor

Thank You to Our SponsorsAccuTech Systems Corporation, Muncie, IN Broadridge Financial Solutions, Inc, New York, NYCrews and Associates, Inc, Little Rock, AR Devonshire Fund, White House, OHFederated Investors, Inc, Pittsburgh, PAINFOVISA, Canton, GAIPI Trust Services, Little Rock, ARMainStreet Advisors, Chicago, IL Proxytrust, Islandia, NY

MS A

Trust & Wealth 2O12 mangementc on f e r e nc e October 18&19, TBA Barrett Training Center, Nashville

Continuing Education CreditAttendants qualify for 6.5 hours of general Continuing Legal Education (CLE) credit.

TBD

Attendants qualify for 7.5 hours of Continuing Professional Education (CPE) credit in the area of Specialized Knowledge and Application. No prerequisites

are required for this program. For more information regarding administrative policies or complaints, please contact our offices at 615/244-4871.Tennessee Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

This program has not been pre-approved for ICB CE credits. Attendants who require ICB credits should go to http://www.aba.com/icb/membercereview for further instructions.

To obtain continuing education credit applications or more information, call the TBA education department at 800/964-5525 or 615/244-4871.

For more information contact: Penny Powlas – ppowlas@TNBankers.orgExecutive Assistant, Administration / LegalTennessee Bankers Association800/964-5525 or 615/244-4871 • Fax: 615/324-1987 www.TNBankers.org

RetuRn completed foRm & payment to:Tennessee Bankers AssociationATTN: Penny Powlas211 Athens Way, Ste 100Nashville, TN 37228-1381Phone: 615/244-4871 or 800/964-5525 Fax: 615/324-1987

total $ ______________________

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Make checks payable to Tennessee Bankers Association

Please print or type. List name and badge nickname for each attendant. Check space if registrant is a spouse.

Name:_________________________________ Nickname _______________ Spouse E-mail ______________________________ SS# ____________________

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Must be included for delegates for educational tracking purposes only

October 18 & 19 • TBA Barrett Training Center, Nashville

TBA Members / Associate Members Member Spouses Nonmembers Nonmember Spouses

Early Registration $285 $85 $570 $170

Early registration deadline is October 4.

Registration $315 $115 $600 $200

At-the-door $365 $165 $650 $250

To register online visit us at www.tnBankers.org

2O12 Trust & Wealth Management Conference

CLEGeneral InformationAttire: Business casual attire is appropriate for all TBA programs. Because of temperature variations in meeting rooms, please bring a sweater or jacket for your comfort.

Special Needs: If you have a special need that may affect your par-ticipation in this program, please send TBA a statement regarding these at least 10 days before the program. We will contact you to discuss accommodations.

Cancellation Policy: Cancellations received in the TBA office 7 business days prior to the scheduled program will be refunded in full. Due to commitments with hotels, cancellations received less than 7 business days prior to the scheduled program are not refundable. Substitutions are welcome. Registrants who do not attend the program or send a substitute will be responsible for the entire registration fee.