Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Thursday, January 22, 2015

CLE on Domestic Asset Protection Trust Planning in Alaska, South Carolina, Wyoming, Oklahoma

CLEThe ABA Section of Real Property, Trust and Estate Law is presenting the third of five eCLE webinars that are part the Domestic Asset Protection Trust Planning: Jurisdiction Selection Series. The upcoming webinar will focus on asset protection laws in Alaska, South Carolina, Wyoming, and Oklahoma on Tuesday, Feb. 10, 2015, 12:00 – 2:00 p.m. CT.  2 General CLE Credit Hours. Here is why you should attend:

15 states, such as Nevada and New Hampshire, permit the creation of full blown self-settled asset protection trusts. Besides the 15, at least 10 other states, including Arizona and Maryland, allow some form of an asset protection trust, including inter vivos QTIP trusts.  The proliferation of domestic asset protection trusts leaves attorneys inquiring about the laws in each asset protection state and the benefits of creating such a trust in one state versus another. Over the course of this e-CLE, the presenters will address domestic self-settled asset protection trust statutes and inter vivos QTIP trust statutes, and discuss:

  • What is an inter vivos QTIP trust and how can it help my clients?
  • Will domestic self-settled asset protection trusts benefit my clients?
  • Do the costs of creating a trust in one state for creditor protection or taxation benefits really outweigh the creation of such a trust in another?
  • Is the trust really protected from creditors?
  • Can the trust be used to avoid the income tax in the grantor's state of residence?
  • Can a same sex couple benefit from the use of these trusts?
  • Is using an offshore trust better?

January 22, 2015 in Conferences & CLE, Non-Probate Assets, Trusts | Permalink | Comments (0) | TrackBack (0)

Wednesday, January 21, 2015

CLE on Special Needs Trusts

CLEThe University of Texas School of Law and The Wealth Management and Trust Division of the Texas Bankers Association is presenting a CLE entitled, 11th Annual Changes and Trends Affecting Special Needs Trusts, Feb. 5-6, 2015, at the Radisson Hotel and Suites in Austin, Texas.  Here is why you should attend:

The 11th Annual Changes and Trends Affecting Special Needs Trusts brings together leading professionals in the SNT field, features the latest updates and hot topics, and offers a great set of materials including sample forms, drafting tips, sample language and resources.

2015 program highlights include:

  • Get your Special Needs Trusts Basics on Thursday morning—the perfect foundation (and refresher!) for both new and experienced practitioners
  • Gain unique insight into drafting and administering SNTs from a panel of experienced attorney-trustees
  • Understand the options and opportunities in funding SNTs with IRAs
  • Explore the role of Medicare in special needs trust planning and what it means to practitioners in Texas
  • Learn the rules for calculating deemed income for SSI recipients
  • Review the steps necessary to close administration of an SNT, including probate proceedings and Medicaid reimbursement requirements
  • Hear updates and current issues from key agencies, including the Texas Health and Human Services Commission (HHSC) and the Centers for Medicare & Medicaid Services (CMS)
  • Learn more about available resources for your clients, including the Arc’s new online resource as well as options for affordable housing in Texas for adults with cognitive disabilities
  • Earn up to 2.25 hours of ethics

If you work with special needs trusts—or want to learn how to use, draft, fund and administer them—don't miss this program!

January 21, 2015 in Conferences & CLE, Non-Probate Assets, Trusts | Permalink | Comments (0) | TrackBack (0)

Friday, January 16, 2015

CLE on Powers of Attorney in Disability Planning

CLE

The American Bar Association section of Real Property, Trust and Estate Law is holding a CLE entitled, Powers of Attorney In Disability Planning: Silver Bullet or Landmine?, on February 3, 2015 from 12:00 – 1:00 PM CT via webinar.  Here is why you should attend:

The power of attorney began as a simple instrument for disability planning for those of modest means. However, it has become an extremely powerful tool in late-in-life-estate planning, financial management during disability and health care decision-making.

This panel discussion will cover:

  • Guidance for advising clients and the attorney-in-fact about powers of attorney;
  • Ethical issues in the drafting and use of powers of attorney; and
  • Drafting powers of attorney to accommodate the continuation of the estate planning process after disability of the principal in a changing tax environment, address health care decision-making and end of life care consistent with the principal's wishes, authorize the attorney-in-fact to access the principal's digital assets to the extent possible, and customize a power of attorney to reflect the client's unique situation rather than relying on standard forms.

January 16, 2015 in Conferences & CLE, Disability Planning - Health Care, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Wednesday, January 14, 2015

Trust and Estate Law Program for Paralegals

CLE

The ABA Section of Real Property, Trust and Estate Law is continuing the professional development series focused on paralegals, legal assistants, and others working in the areas of Trust & Estate Law, with the program entitled, From Undertaker to Litigator and Steps in Between: The Role of the Paralegal in Estate Administration, Distribution and Resolution.  The program features ten 60-minute webinars beginning January 22, 2015 and ending August 6, 2015.  Here is why you should attend:

Attendees of the Paralegal eLearning Program will learn substantive legal and ethics issues, as well as best practices, from leading industry professionals with in-depth knowledge and hands-on experience in Trust & Estate Law. The program includes ten 60-minute webinar sessions, and attendees can register for the entire series or individual sessions.

As a special offer, those who register for the entire 2015 Paralegal eLearning Program series will receive complimentary Associate membership in both the ABA and the Section of Real Property, Trust & Estate Law (RPTE).

January 14, 2015 in Conferences & CLE, Estate Planning - Generally, Trusts, Wills | Permalink | Comments (0) | TrackBack (0)

Tuesday, January 13, 2015

Conference on Enhancing Participation and Inclusion in Law School Classrooms

CLE Photo

The Institute for Law Teaching and Learning is co-sponsoring a conference with UCLA School of Law entitled, Engaging the Entire Class: Strategies for Enhancing Participation and Inclusion in Law School Classroom Learning, on February 28, 2015 in Los Angeles, California.  Here is why you should attend:

The conference will include an opening and closing led by ILTL Co-Directors and Consultants, and five workshop sessions. Each workshop session will be presented by a teacher featured in What the Best Law Teachers Do.

By the end of the conference, participants will have concrete ideas for enhancing participation and inclusion in law school classrooms to take back to their students, colleagues, and institutions.

Special thanks to Emily Grant (Associate Professor of Law, Co-Director, Institute for Law Teaching and Learning) for bringing this conference to my attention.

January 13, 2015 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Monday, January 12, 2015

CLE on Planning Techniques for Large Estates

CLE

The American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE entitled, Planning Techniques for Large Estates, on April 8 – 10, 2015 in Scottsdale, AZ.  Here is why you should attend:

Planning for large estates continues to be a technically demanding and dynamic area of practice. Don’t miss the best opportunity in 2015 to fine tune your knowledge and stay up-to-date!  

Attend this highly-rated course and get the latest information and planning techniques specifically for large estates. Learn, network, and strategize with your peers and a highly experienced faculty of trust and estate practitioners from across the country.

Featuring in-depth discussions of estate and gift tax issues and planning techniques, this year’s topics include:

  • business succession planning
  • charitable planning issues
  • legislative developments and outlook
  • remainder interest purchase planning techniques
  • postmortem estate planning
  • valuation issues
  • ethics and privileges

January 12, 2015 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Estate Tax, Gift Tax | Permalink | Comments (0) | TrackBack (0)

Friday, January 9, 2015

CLE on Domestic Asset Protection Trust Planning in Alaska, South Carolina, Wyoming, Oklahoma

CLEThe ABA Section of Real Property, Trust and Estate Law is presenting the third of five eCLE webinars that are part the Domestic Asset Protection Trust Planning: Jurisdiction Selection Series. The upcoming webinar will focus on asset protection laws in Alaska, South Carolina, Wyoming, and Oklahoma on Tuesday, Feb. 10, 2015, 12:00 – 2:00 p.m. CT.  2 General CLE Credit Hours. Here is why you should attend:

15 states, such as Nevada and New Hampshire, permit the creation of full blown self-settled asset protection trusts. Besides the 15, at least 10 other states, including Arizona and Maryland, allow some form of an asset protection trust, including inter vivos QTIP trusts.  The proliferation of domestic asset protection trusts leaves attorneys inquiring about the laws in each asset protection state and the benefits of creating such a trust in one state versus another. Over the course of this e-CLE, the presenters will address domestic self-settled asset protection trust statutes and inter vivos QTIP trust statutes, and discuss:

  • What is an inter vivos QTIP trust and how can it help my clients?
  • Will domestic self-settled asset protection trusts benefit my clients?
  • Do the costs of creating a trust in one state for creditor protection or taxation benefits really outweigh the creation of such a trust in another?
  • Is the trust really protected from creditors?
  • Can the trust be used to avoid the income tax in the grantor's state of residence?
  • Can a same sex couple benefit from the use of these trusts?
  • Is using an offshore trust better?

January 9, 2015 in Conferences & CLE, Estate Planning - Generally, Non-Probate Assets, Trusts | Permalink | Comments (0) | TrackBack (0)

Thursday, January 8, 2015

CLE on Special Needs Trusts

CLEThe University of Texas School of Law and The Wealth Management and Trust Division of the Texas Bankers Association is presenting a CLE entitled, 11th Annual Changes and Trends Affecting Special Needs Trusts, Feb. 5-6, 2015, at the Radisson Hotel and Suites in Austin, Texas.  Here is why you should attend:

The 11th Annual Changes and Trends Affecting Special Needs Trusts brings together leading professionals in the SNT field, features the latest updates and hot topics, and offers a great set of materials including sample forms, drafting tips, sample language and resources.

2015 program highlights include:

  • Get your Special Needs Trusts Basics on Thursday morning—the perfect foundation (and refresher!) for both new and experienced practitioners
  • Gain unique insight into drafting and administering SNTs from a panel of experienced attorney-trustees
  • Understand the options and opportunities in funding SNTs with IRAs
  • Explore the role of Medicare in special needs trust planning and what it means to practitioners in Texas
  • Learn the rules for calculating deemed income for SSI recipients
  • Review the steps necessary to close administration of an SNT, including probate proceedings and Medicaid reimbursement requirements
  • Hear updates and current issues from key agencies, including the Texas Health and Human Services Commission (HHSC) and the Centers for Medicare & Medicaid Services (CMS)
  • Learn more about available resources for your clients, including the Arc’s new online resource as well as options for affordable housing in Texas for adults with cognitive disabilities
  • Earn up to 2.25 hours of ethics

If you work with special needs trusts—or want to learn how to use, draft, fund and administer them—don't miss this program!

January 8, 2015 in Conferences & CLE, Non-Probate Assets, Trusts | Permalink | Comments (0) | TrackBack (0)

Wednesday, January 7, 2015

CLE on Planning for International Estates

CLEThe American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE entitled, Planning for International Estates: Recent Developments, Wednesday, Feb. 11, 2015, 12:30 – 2:00pm, online and by phone.  Here is why you should attend:

You may have an estate planning practice that is 100% domestic. Don’t be lulled into thinking you need not worry about international issues, especially if your client:

  • has a non-citizen spouse
  • is a non-citizen with assets in the U.S.
  • is a non-citizen who is domiciled in the U.S.
  • has Nonresident Alien (NRA) relatives

Join distinguished Fellows of The American College of Trust and Estate Counsel at this CLE program on international estate planning for an enlightening discussion of how IRS statutes and regulations differ for cross-border and non-citizen spouse estate planning.

January 7, 2015 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Monday, December 22, 2014

CLE on Portability

CLEThe American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE entitled, Portability: Is the Flexibility Worth the Complexity, Thursday January 8, 2014, 2:00 – 3:30pm Eastern, online and by phone.  Here is why you should attend:

Portability is becoming a settled feature of today’s estate planning landscape. Since the law was made "permanent" in ATRA 2012, the use of portability has become more and more pervasive. Portability transcends traditional formula-based estate planning. Our panel will examine the benefits of creating portability-based plans versus traditional planning and will share step-by-step instructions on how to effectively elect portability while minimizing the risks associated with implementing this tool.

Attendees will learn how traditional, pre-portability estate planning and portability can exist together. Panelists will share strategies on determining when and how to elect portability and how to maintain flexibility until the last possible moment. Best practices for explaining and documenting the portability discussion with clients will also be explored, along with these other topics:

  • suggested language for estate planning documents
  • when and how to file the necessary "timely and complete" estate tax return
  • the mechanics of the portability election
  • dispelling misnomers about portability

December 22, 2014 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)