Wills, Trusts & Estates Prof Blog

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

Tuesday, January 16, 2018

CLE on Kansas City Estate Planning Symposium

0000000 CLEThe 37th Annual Kansas City Estate Planning Symposium will take place on Thursday, April 26 through Friday, April 27, 2018. The symposium is presented with the cooperation of the Estate Planning Society of Kansas City and the University of Missouri Kansas City School of Law. Topics include: recent developments in trust and estate planning, financing long-term care, powers of attorney, planning for IRAs, and much more. Sam Donaldson, professor at Georgia State University School of Law, commented that the symposium is a “big conference with the small conference feel. In two days you can get, really, the equivalent of a week’s worth of education.” The conference features nationally-recognized speakers, offers up to a year’s worth of Continuing Education credits, and provides an opportunity to build relationships and gain knowledge that will directly benefit clients.

See Kansas City Estate Planning Symposium

January 16, 2018 in Conferences & CLE, Estate Planning - Generally, Professional Responsibility, Trusts | Permalink | Comments (0)

Monday, January 15, 2018

Trusts - Made Simple

0000000 CLEThe National Business Institute is holding a conference entitled, Trusts - Made Simple, which will take place on Monday, January 29, 2018, at the Wyndham Garden Ventura Pierpont Inn in Ventura, CA. Provided below is a description of the event:

Program Description

Provide your clients with the full spectrum of wealth preservation options.

When assessing complex information, it often helps to break items into basic building blocks. The same approach can be successful when dealing with asset protection. Be prepared for specific challenges associated with various types of trusts by understanding their unique characteristics. Our intensive full-day primer will provide you with a comprehensive overview of the wide variety of trusts available. Register today!

  • Determine what role the settlor will play by weighing the pros and cons of establishing an irrevocable trust over a revocable trust.
  • Learn what not to do when selecting and drafting a revocable trust to avoid common mistakes.
  • Learn how to choose the most beneficial vehicle for preserving your client's wealth: understand the purpose behind the various types of irrevocable trusts.
  • Explore the powers and duties of personal representatives in irrevocable trusts.
  • Save money on taxes with effective use of defective trusts.
  • Learn why it's important to know when to file the tax return for grantor trusts.
  • Determine whether a client qualifies as a beneficiary of a special needs trust.
  • Don't reinvent the wheel - modify our sample trust documents and use our drafting tips to create airtight trusts.

Who Should Attend

This basic level seminar is designed for the professionals involved in creating, administering and terminating trusts:

  • Attorneys
  • Accountants and CPAs
  • Trust Officers
  • Financial Planners
  • Tax Professionals
  • Paralegals

Course Content

  1. Where to Begin? - An Overview of Trusts
  2. Revocable Living Trusts
  3. Trusts Used for Tax Reduction
  4. Grantor Trusts
  5. Estate Planning for the Disabled
  6. Ethical Considerations

Continuing Education Credit

Continuing Legal Education – CLE: 6.75 *

Financial Planners – Financial Planners: 8.00

International Association for Continuing Education Training – IACET: 0.70

National Association of Legal Assistants, Inc. – NALA: 6.50 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 8.00 *

National Federation of Paralegal Associations, Inc. – NFPA

Professional Achievement in Continuing Education – PACE: 8.00

* denotes specialty credits

January 15, 2018 in Conferences & CLE, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Wednesday, January 10, 2018

CLE on Tax Strategies for Estate, Retirement and Financial Planning

0000000 CLEThe National Business Institute is holding a conference entitled, Tax Strategies for Estate, Retirement and Financial Planning, which will take place on Monday, January 29, 2018, at the Holiday Inn Orange County Airport Hotel Santa Ana in Santa Ana, CA. Provided below is a description of the event:

Program Description

Effective Tax Strategies for Trusts, Estates and Individuals

Expand your arsenal of tax planning tools with the latest and most effective techniques! Experienced faculty will guide you through basis enhancing strategies, asset protection mechanisms, recent tax planning trends, regulatory updates and more in this comprehensive seminar. Protect your clients from undue tax burdens from cradle to grave - register today!

  • Gain practical wealth transfer techniques to minimize both estate and income tax liabilities.
  • Choose the best tax planning options to protect remarried and divorced clients.
  • Make the best use of partnerships and LLCs and comply with the latest rules governing them.
  • Find charitable solutions to top estate planning problems.
  • Maximize your clients' retirement assets and get tools for their tax-efficient transfer to beneficiaries.
  • Clarify how rules of professional conduct are applied in tax practice.

Who Should Attend

This basic-to-intermediate level seminar is designed for:

  • Attorneys
  • Accountants and CPAs
  • Financial Planners
  • Trust Officers
  • Tax Professionals
  • Paralegals

Course Content

  1. Top Lifetime Transfer Strategies to Reduce Taxes
  2. Tax Planning With Life Insurance
  3. Valuation of Assets: How to Protect Clients From Tax Penalties
  4. Using LLCs and Partnerships (Pass-Through Entities) to Your Client's Advantage
  5. Tax Strategies in Retirement Planning
  6. Using Spousal Protections and Minimizing the Effects of Divorce
  7. Trusts: Top Designs for Tax Reduction
  8. Charitable Giving as a Tax Tool
  9. Legal Ethics in Tax Practice
  10. Cross-Border Tax Issues Every Estate Planner Needs to Know

Continuing Education Credit

Continuing Legal Education – CLE: 6.75 *

Financial Planners – Financial Planners: 8.00

International Association for Continuing Education Training – IACET: 0.70

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 8.00 *

* denotes specialty credits

January 10, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Generation-Skipping Transfer Tax, Gift Tax, Income Tax, Professional Responsibility | Permalink | Comments (0)

Friday, January 5, 2018

CLE on Changes to S Corporation, Partnership and LLC Taxation under the Tax Cuts and Jobs Act

The American Bar Association is holding a conference entitled, Changes to S Corporation, Partnership and LLC Taxation under the Tax Cuts and Jobs Act, which will take place via webinar on Wednesday, January 24, 2018. Provided below is a description of the event:

The Tax Cuts and Jobs Act modifies how owners of certain pass-through entities are taxed on their business income and makes certain other technical changes to the rules applicable to these entities. This webinar will discuss this tax reform legislation, focusing on the impact on the taxation of S corporations, partnerships and LLCs.

Featured Speakers

Morgan Klinzing, Pepper Hamilton LLP, Philadelphia, PA

Mike Hauswirth, PwC, Washington, DC

Ryan Dobens, PwC, Washington, DC

Laura E. Krebs Al-Shathir, Capes Sokol Goodman & Sarachan PC, St. Louis, MO

Bryan Keith, Grant Thornton, Washington, DC

Thomas J. Phillips, von Briesen & Roper, s.c., Milwaukee, WI

PLEASE NOTE
: To receive CLE credit, each individual attendee must be logged into the webinar interface for the ENTIRE program (including the Q&A). Partial credit is not available for this program. Please see the CLE Informaton page for more details. 

Registration Fees
FEES*
$75 for Section of Taxation Members
$150 ABA Member*
$125 Young Lawyers
$125 Government / Academic / Non-Profit
$195 All other registrants
FREE Full-time J.D., LL.M., or M.T. Candidates (No CLE Credit/Webcast Only)
FREE Press
*ABA Member registrants will become Tax Section members for 2017-18.
Fee includes an mp3 audio recording that is available within one week following the program date.
Discounts Available for Group Registrations: Please e-mail the tax section (taxlserve@americanbar.org) for more information.
Law Student registrants, who are current nonmembers, will also receive complimentary membership to the ABA and the Section of Taxation.

January 5, 2018 in Conferences & CLE, Current Events, Estate Planning - Generally, Income Tax | Permalink | Comments (0)

Wednesday, January 3, 2018

CLE on Title and Conveyancing: Handling the Top Issues

0000000 CLEThe National Business Institute is holding a conference entitled, Title and Conveyancing: Handling the Top Issues, which will take place on Monday, January 29, 2018, at the Hilton Garden Inn Columbia/Northeast in Columbia, SC. Provided below is a description of the event:

Program Description

Confidently Tackle Title and Conveyancing Challenges Head-On

Transferring title from seller to buyer may seem straightforward, but the devil is all too often in the details that lie buried in deeds, legal descriptions, title commitments and more. Are you equipped to handle the top title conveyancing challenges that come across your desk? This essential guide will highlight the top issues that cause even experienced attorneys to slip up. You will get the information you need to handle title objection frustrations, boundary line impediments and more. Register today!

  • Object to critical title red flags, and craft objection letters that get your point across.
  • Correct mistakes that get deeds rejected and ensure your client is not left high and dry.
  • Know what to do when encroachments and other boundary issues threaten marketable title.
  • Do your homework and ensure the purchase agreement doesn't affect title conveyancing.

Who Should Attend

This intermediate level seminar is designed for:

  • Attorneys
  • Real Estate Professionals
  • Title Professionals
  • Settlement Agents
  • Closers
  • Underwriters
  • Lending Professionals
  • Paralegals

Course Content

  1. Title Objections: When They Should and Shouldn't be Made
  2. Deeds: Avoiding Rejection and Other Challenges Down the Road
  3. Boundary Difficulties and Title Conveyancing
  4. Real Estate Contracts and Conveyancing: Handling Top Deal-Breakers
  5. Ethical Dilemmas and Title Practice

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

International Association for Continuing Education Training – IACET: 0.60

* denotes specialty credits

January 3, 2018 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0)

Monday, January 1, 2018

CLE on Divorce Cases from Start to Finish

0000000 CLEThe National Business Institute is holding a conference entitled, Divorce Cases from Start to Finish, which will take place over the course of two days, starting on Wednesday, January 24, 2018, at the Holiday Inn Express San Diego Downtown in San Diego, CA. Provided below is a description of the event:

Program Description

A Comprehensive Walk Through Divorce

Are you confident you can successfully navigate through the twists and turns of the divorce process? Join us as we walk through the steps of divorce from client intake and filing to important considerations concerning child and spousal support, custody, asset, and debt division. Learn how to handle a divorce case step-by-step - register today!

  • Discuss ways to effectively gather important information during client intake.
  • Walk through the preliminary steps in the divorce process with a look at jurisdiction considerations, filing and more.
  • Review how to properly complete financial affidavits as well as what to look for in the other side's.
  • Explore successful informal and formal discovery methods in divorce cases.
  • Learn what custody and visitation options should be considered in divorce.
  • Take a close look at considerations for both child and spousal support.
  • Review crucial exemption and deduction considerations to factor in through the divorce process.
  • Examine the fundamental issues that need to be addressed post-divorce.

Who Should Attend

This basic level program is designed for attorneys. Paralegals may also benefit.

Course Content

DAY ONE

  1. California Divorce Law Fundamentals
  2. Client Intake
  3. Initial Steps in Filing
  4. Essential Discovery Tools in Divorce
  5. Examining Financials: What to Look For
  6. Custody and Visitation Considerations
  7. Child Support: Guidelines and Calculations
  8. Spousal Support/Maintenance

DAY TWO

  1. Division and Valuation of Assets and Debt
  2. Tax Considerations in Divorce
  3. Ethical Considerations in Divorce
  4. Tips for Mediation/Arbitration in Divorce Cases
  5. Marital Settlement Agreements: Pitfalls, Drafting Tips and More
  6. The Divorce Hearing and Trial
  7. Post-Divorce Considerations

Continuing Education Credit

Continuing Legal Education – CLE: 12.00 *

* denotes specialty credits

January 1, 2018 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0)

Friday, December 29, 2017

CLE on Frequently Used Trusts for Estate and Financial Planning

0000000 CLEThe National Business Institute is holding a conference entitled, Frequently Used Trusts for Estate and Financial Planning, which will take place on Thursday, January 25, 2018, at the Hyatt Place San Jose/Downtown in San Jose, CA. Provided below is a description of the event:

Program Description

Understand the Most Common Trust Structures, Their Various Uses and Tax Effects

Understand the underlying structures and functions of the key estate planning tools used to protect and transfer clients' assets. Whether you're a beginner or are in need of a refresher, this essential course will leave you with useful and practical tips from the pros. Register today!

  • Clarify the tax uses and consequences of the various trust structures.
  • Distinguish between testamentary and revocable trusts.
  • Explore the most tax-efficient tools for specific client circumstances.
  • Determine when an irrevocable trust is a better option.
  • Understand the varied powers and duties of the trustee depending on the trust structure.
  • Learn how special needs trusts are used to provide for daily expenses without risking benefits eligibility.
  • Protect your practice and professional reputation with a tailored ethics guide.

Who Should Attend

This basic level seminar is designed for:

  • Attorneys
  • Accountants and CPAs
  • Trust Officers
  • Tax Professionals
  • Paralegals

Course Content

  1. Trusts Overview: Main Rules, Terms, Parties, Goals Identified
  2. Revocable Trusts: A Versatile Tool for Every Occasion
  3. Irrevocable Trusts: Tax Savings and Asset Protection
  4. Special Needs Trusts: Funding Long-Term Care
  5. Ethics and Trusts

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

International Association for Continuing Education Training – IACET: 0.60

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 7.00 *

* denotes specialty credits

December 29, 2017 in Conferences & CLE, Estate Planning - Generally, Non-Probate Assets, Professional Responsibility, Trusts | Permalink | Comments (0)

Wednesday, December 27, 2017

CLE on Probate Inventory and Final Accounting

0000000 CLEThe National Business Institute is holding a conference entitled, Probate Inventory and Final Accounting, which will take place on Tuesday, January 23, 2018, at the Hyatt Place Baltimore/BWI in Linthicum Heights, MD. Provided below is a description of the event:

Program Description

Keys to an Impeccable Final Accounting and Indisputable Probate in Every Case

The estate inventory is the beginning, and the fiduciary accounting is the grand finale when probating an estate. The two are indelibly linked, and to complete them correctly and thoroughly means to avoid needless delays, disputes and possible re-openings. This practical legal program will help you uncover all estate assets, and record and distribute them efficiently, without error. Register today!

  • Compile a master list of all documents to collect to ensure a complete inventory.
  • Learn what forms of appraisal exist and how to use them to your client's advantage.
  • Don't miss key elements that must be included in the final accounting.
  • Get practical ethical tips for protecting your professional reputation in daily probate practice.
  • Ensure that final estate disbursements will not generate any beneficiary objections.
  • Discuss the key issues in determining fair executor compensation.

Who Should Attend

This basic level probate program is for:

  • Attorneys
  • Accountants
  • Paralegals
  • Trust Officers

Course Content

  1. Probate Process and Timeline Overview
  2. Generating Estate Inventory: Starting the Final Accounting at the Outset
  3. Asset Valuation in Probate: Minimizing Tax and Ensuring Fair Distribution
  4. Preparing for the Final Accounting
  5. Final Accounting: Final Distributions and Petition for Discharge
  6. Final Accounting: What to Include and How to Organize it (w/ Sample Review)
  7. Legal Ethics in Probate Practice

Continuing Education Credit

Continuing Legal Education – CLE: 7.00 *

International Association for Continuing Education Training – IACET: 0.70

National Association of Legal Assistants, Inc. – NALA: 6.50 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 8.00 *

National Federation of Paralegal Associations, Inc. – NFPA

Professional Achievement in Continuing Education – PACE: 8.00

* denotes specialty credits

December 27, 2017 in Conferences & CLE, Estate Planning - Generally, Professional Responsibility | Permalink | Comments (0)

Tuesday, December 26, 2017

CLE on Water Rights in California

0000000 CLEThe National Business Institute is holding a conference entitled, Water Rights in California, which will take place on Tuesday, January 23, 2018, at the Courtyard by Marriott San Luis Obispo in San Luis Obispo, CA. Provided below is a description of the event:

Program Description

Get the Tools You Need to Successfully Tackle Challenging Water Law Cases

The fight for "liquid gold" is getting ugly. With developers, government officials, energy companies, tribal leaders, utility companies, farmers and others putting water in their crosshairs, more and more attorneys are taking on these complicated cases. This focused legal program is packed with the latest and greatest legal strategies for protecting your client's water rights and use. Whether you're an experienced water law attorney or new to the practice area, this program will provide you with practical tools to tackle water law cases. Register today!

  • Gain the tools you need to handle evaluation, development, adjudication, legislation and acquisition of water rights.
  • Get the fundamentals of water law down, learn critical terminology and find out how to simplify the adjudication process.
  • Learn how to evaluate water rights, what evidence you need to look for, where to get it and how to apply it to litigation.
  • Discover real-world techniques for handling leasing, modification, exchange, transfer, purchase and sale of water rights.
  • Find out practical strategies for handling ownership and lease disputes, condemnation disputes, easement challenges and application disputes from experienced attorney faculty.
  • Examine emerging hydraulic fracturing, tribal and geothermal water law issues.
  • Overcome ethical challenges of representing more than one client in a river system.

Who Should Attend

This basic-to-intermediate level seminar is designed for those who are involved in water right disputes and transactions, use, regulation and protection of water resources. The following should attend:

  • Attorneys
  • Government Officials
  • Engineers
  • Regulators
  • Energy Companies
  • Water Management Specialists
  • Real Estate Developers
  • Landmen
  • Paralegals

Course Content

  1. Prior Appropriation Water Law Made Simple
  2. Water Rights Evaluations
  3. Handling the Application, Lease, Transfer and Sale of Water Rights
  4. Handling Water Rights Disputes: Adjudication Procedures and Litigation Tips
  5. Current Issues, Legal Challenges and Recent Trends
  6. Ethics and Water Law

Continuing Education Credit

American Association of Professional Landmen – AAPL: 6.00 *

American Institute of Certified Planners – AICP: 6.00 *

Continuing Legal Education – CLE: 6.00 *

International Association for Continuing Education Training – IACET: 0.60

* denotes specialty credits

December 26, 2017 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0)

Saturday, December 23, 2017

CLE on Recreational Marijuana Business Law in California

0000000 CLEThe National Business Institute is holding a conference entitled, Recreational Marijuana Business Law in California, which will take place on Wednesday, January 17, 2018, at the Courtyard by Marriott Santa Rosa in Santa Rosa, CA. Provided below is a description of the event:

Program Description

Know the Salient Points of Recent Marijuana Laws and Effectively Advise Your Clients

Recent legislation and initiatives are paving the way for many new business opportunities in the cannabis industry. It has also created many questions and uncertainties for professionals advising these new businesses. What are possible federal responses to legalized cannabis? What types of businesses does the law allow, and how does a potential business owner obtain a permit? When are you potentially violating federal law by merely assisting a client? Learn the answers to these questions and more - register today!

  • Understand how the federal government can use forfeiture laws to close marijuana-related businesses.
  • Evaluate the current banking landscape and determine whether a cannabusiness can obtain financing.
  • Ensure marijuana business clients have business policies and procedures in place that help them avoid legal scrutiny.
  • Confidently advise clients on all aspects of the marijuana business licensing process.
  • Recognize the state and federal tax implications for cannabis-related businesses.
  • Analyze the ethical implications of advising cannabis business clients.

Who Should Attend

This basic-to-intermediate level seminar provides practical information on recreational marijuana law for:

  • Attorneys
  • Accountants and CPAs
  • Bankers and Commercial Lenders
  • Financial Advisors
  • Paralegals

Course Content

  1. Federal Responses to California Marijuana Law
  2. Banking and Financing for the Marijuana Industry
  3. Recreational Marijuana Businesses Law in California
  4. Obtaining a California Cannabis Business License
  5. California Marijuana Taxation: The Latest Rules
  6. Ethics

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

International Association for Continuing Education Training – IACET: 0.60

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 7.00 *

Professional Achievement in Continuing Education – PACE: 7.00 *

* denotes specialty credits

December 23, 2017 in Conferences & CLE, Estate Planning - Generally, Income Tax, Professional Responsibility | Permalink | Comments (0)