Sunday, September 8, 2013
The Illinois State Bar Association is hosting a Continuing Legal Education teleseminar and audio webcast entitled, Teleseminar: Estate Planning to Reflect Religious and Philosophical Beliefs- A National Perspective, on Thursday, September 19, 2013, at 12:00-1:00 p.m. ET. Provided below is a description of the event:
Estate and trust plans have always been informed, in one way or another, by the values of benefactors. Lifetime gifts or bequests may be conditioned on certain achievements, such as children marrying and having children or grandchildren accomplishing certain benchmarks in life. Gifts to charities also speak to the priorities and values of those giving the gifts. But clients are increasingly more comfortable with the explicit recognition of religious or philosophical beliefs in their estate and trusts plans, trying to incorporate specific principles or values into the giving plans. This trend presents certain challenges for the planner, including the limits of what may be accomplished under law. This program will provide you with a practical guide to estate planning to incorporate certain religious and philosophical beliefs, including the limits of law and drafting traps.
- Practical process of incorporating the religious and philosophical beliefs of clients into their estate and trust plans
- Talking to clients about the opportunities and real-world limitations of what they can accomplish
- Legal and practical framework of what is enforceable under the law
- Anticipating challenges from beneficiaries and communicating with them to avoid dispute
- Common traps of drafting underlying trust and other documents