Wills, Trusts & Estates Prof Blog

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

Friday, May 25, 2018

CLE on Real Estate Contracts From Start to Finish

CLEThe National Business Institute is holding a conference entitled, Real Estate Contracts From Start to Finish, on Wednesday, May 30, 2018, at the Hilton Waikiki Beach in Honolulu, Hawaii. A description of the event is provided below:

Program Description

Ensure an Enforceable Contract!

Do you have the knowledge you need to draft, negotiate, review and/or enforce a well-constructed real estate contract? Knowing the basics of real estate contract law and drafting an enforceable contract can be two completely different issues. Savvy real estate professionals have learned how they can best use the language and structure of real estate contracts to create a positive outcome for all parties involved. Let us give you practical tools to start and keep you on the road to success. Don't miss out on this full-day, "how-to" course that is jam packed with essential tools to help you tackle leases, purchase and sale agreements, mortgages and so much more - register today!

  • Effectively draft letters of intent to ensure your party's best interest.
  • Assertively negotiate, draft and enforce leases, including joint and several liability, subleasing, severability and indemnification clauses.
  • Discover how to effectively evaluate different types of loan documents, including mortgages.
  • Take a look at the key terms and clauses that need to be included in an easement agreement.
  • Uncover potential problems before an acquisition using proven contract review techniques.
  • Find out about common buyer's and seller's concerns, key clauses and duties with purchase and sale agreements.

Who Should Attend

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

  • Attorneys
  • Lenders
  • Real Estate Agents
  • Real Estate Brokers
  • Paralegals

Course Content

  1. Drafting the Letter of Intent and Purchase and Sale Agreement (w/Real-World Examples)
  2. Leases: Negotiating, Drafting, Amending, Enforcing and Reviewing (w/Real-World Examples)
  3. Reviewing Mortgage Documents and Escrow/Earnest Agreements (w/Real-World Examples)
  4. Drafting Easement Agreements (w/Real-World Examples)
  5. Legal Ethics for Lawyers Engaged in Real Estate Transactions

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.00 -  CA*
CLE 6.00 -  HI*
CLE 6.00 -  WA*

International Association for Continuing Education Training – IACET: 0.60

Limited Practice Officer – Limited Practice Officer: 6.00 *

* denotes specialty credits

May 25, 2018 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0)

Tuesday, May 22, 2018

CLE on Firearms in Estate Planning and Administration

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-22/178b0cbd-6350-41b4-91f7-d00b51131f25.pngThe National Business Institute is holding a conference entitled, Firearms in Estate Planning and Administration, which will take place Thursday, August 23, 2018 at the Norris Conference Centers - Fort Worth/Sundance Square in Fort Worth, Texas. Provided below is a description of the event:

Program Description

Legally Compliant Transfer of Firearms: Rules, Estate Planning Tools and Potential Pitfalls

Firearms in estate planning need extra attention to make sure you, your client and the beneficiaries inheriting the firearms are abiding by the intricate nuances of firearm law, especially after all the recent legislative and administrative changes. With the myriad of changing rules and regulations, if a firearm is transferred improperly or to an improper transferee, fines and jail time are a real possibility. Get a clear view of the gun rights, requirements and restrictions that impact your clients and your practice. This program will cover types of firearms, improper transfers and legal ownership of firearms. It will also offer an objective legal analysis of the use of inter-vivos and testamentary transfers and trusts that will allow your clients to successfully and legally transfer these unique assets to their intended beneficiaries. Register today!

  • Get an update on the latest laws, regulations, rulings and trends affecting gun ownership.
  • Distinguish between the different types of legal and restricted firearms.
  • Cover all your bases: can your client and beneficiaries legally own a firearm?
  • Review a sample gun trust to ensure airtight protections.
  • Review key forms, permits and background check procedures for gun transfers.
  • Choose the best estate planning instrument to transfer guns to beneficiaries in specific cases.
  • Confidently handle thorny interstate transfer issues.

Who Should Attend

This basic level seminar is designed for:

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

Course Content

  1. Gun Laws and Firearms Designations
  2. Transfers of Firearms: Key Rules and Tools
  3. Gun Trusts: Drafting and Administration
  4. Firearms Forms
  5. Legal Ethics
  6. Firearms in Estate Administration

Continuing Education Credit

Continuing Legal Education – CLE: 6.75 *

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

May 22, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Professional Responsibility, Trusts | Permalink | Comments (0)

Friday, May 18, 2018

CLE on Estate Administration Procedures: Why Each Step is Important

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-18/83c53e29-8440-49f1-8f25-964c0cfcfd2e.pngThe National Business Institute is holding a conference entitled, Estate Administration Procedures: Why Each Step is Important, on Tuesday, June 19, 2018, at the Richmond Marriott in Richmond, Virginia. A description of the event is provided below:

Program Description

Properly Administer Your Client's Estate

Do you have a solid understanding of proper procedures surrounding estate administration? Do you feel confident that you can overcome the wide array of challenges you may face while working with each estate's unique requirements? Join us and gain a comprehensive understanding of the estate planning process so you can easily organize and manage your responsibilities. Register today!

  • Weigh the pros and cons of informal administration and learn how it can be advantageously used.
  • Make the entire process as efficient as possible when working with the personal representative.
  • Determine the survivors' immediate needs - and ensure they're met.
  • Know your options: take a look at alternative methods to closing the estate.
  • Competently file federal and state estate tax returns and know exactly what is required.
  • Learn how to handle the most common issues in probate litigation.

Who Should Attend

This basic level seminar will provide fundamental estate administration topics for:

  • Attorneys
  • Accountants
  • Paralegals
  • Trust Officers
  • Estate Planners
  • Tax Professionals
  • Financial Planners

Course Content

  1. Foundations of Estate Administration Defined
  2. Preparing to Begin the Administration Process
  3. Considerations for Collecting the Assets, Preparing the Inventory and Handling Claims Against the Estate
  4. Being Thorough to Close the Estate Without a Hitch
  5. Understanding Tax Procedures to Avoid Problems Later
  6. Ethical Challenges in Estate Administration
  7. Common Issues To Be Prepared for in Litigation and Probate

Continuing Education Credit

Continuing Legal Education – CLE: 7.00 *

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 *

Professional Achievement in Continuing Education – PACE: 8.00

* denotes specialty credits

May 18, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Estate Tax, Wills | Permalink | Comments (0)

Wednesday, May 16, 2018

CLE on Top Estate Planning Techniques

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-16/4c913a31-ccc4-4b08-a2c9-058975428840.pngThe National Business Institute is holding a conference entitled, Top Estate Planning Techniques, which will take place on Monday, June 11, 2018 at the Holiday Inn Princeton in Princeton, New Jersey. Provided below is a description of the event:

Program Description

Focus Your Efforts on Techniques That Work

This engaging course will take you through the basics of estate planning and beyond with old and new techniques that our attendees have voted to be the most effective in their practice. Find out what makes these estate planning tools "superstars" and gain practical tips for maximizing their uses. Enroll today!

  • A simple will remains one of the most effective tools in estate planning - learn how to phrase it to maximize its effectiveness.
  • Gain practical tips for drafting legally defensible transaction agreements to make sure the gifts are properly documented.
  • Help your client transfer a business to beneficiaries without diminishing its value or surrendering too much control.
  • Protect yourself with thorough knowledge of laws and regulations governing the actions of fiduciaries.
  • 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 and gain tips for drafting one.
  • Don't reinvent the wheel - modify our sample trust documents to create airtight qualified personal residence trusts.
  • Maximize your asset protection: learn how to make sure all your clients' assets are accounted for in the trust documents.
  • Create clear final instructions and last wishes to lift the burden of funeral planning from heirs.
  • Use spendthrift language in ILITs to limit the ability of beneficiaries to assign interest and creditors to make demands on the trustees to pay the debts of beneficiaries.

Who Should Attend

This basic level seminar offers an overview of the best practices in estate planning and will benefit:

  • Attorneys
  • Paralegals
  • Financial planners
  • Accountants and CPAs
  • Tax Professionals
  • Trust officers

Course Content

  1. Wills
  2. Annual Exclusion Gifting
  3. Tax and Estate Planning for Pension and IRA Assets
  4. Grantor Trusts
  5. Irrevocable Life Insurance Trusts
  6. Qualified Personal Residence Trusts
  7. Business Entities
  8. Special Needs Trusts
  9. Top Post-Mortem Planning Techniques

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 8.00 -  NJ
CLE 8.00 -  NY*
CLE 6.50 -  PA

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 *

Professional Achievement in Continuing Education – PACE: 8.00

* denotes specialty credits

May 16, 2018 in Conferences & CLE, Estate Planning - Generally, Gift Tax, Income Tax, Non-Probate Assets, Trusts, Wills | Permalink | Comments (0)

Tuesday, May 15, 2018

CLE on Estate Planning: Top 7 Tools to Know

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-15/59352528-c961-4778-8949-2d8f5a709df4.pngThe National Business Institute is holding a conference entitled, Estate Planning: Top 7 Tools to Know, which will take place on Monday, August 27, 2018 at the Embassy Suites Syracuse in East Syracuse, New York. Provided below is a description of the event:

Program Description

Strategically Use the Top Estate Planning Tools

The estate planning process is often charged with emotion and filled with legal confusion for clients. Attorneys not only need in-depth familiarity with the top estate planning tools, but also need to know how to strategically use them to their best effect if they want to build their reputations as go-to practitioners. In this comprehensive overview of top estate planning tools, our experienced faculty will go over how to strategically use wills, trusts, advanced directives and more. No matter if you are new to the estate planning arena or are an experienced practitioner in need of a refresher, you are sure to take away valuable techniques you can use to provide maximum benefit to your clients - register today!

  • Create wills that prevent future conflict and confusion.
  • Ensure you are using the right trust structure when setting up revocable living trusts.
  • Structure intentionally defective grantor trusts to avoid critical problems.
  • Make sense of IRS rules regarding retirement benefit planning.
  • Take advantage of portability, step-up basis and other essential tax minimization tactics.
  • Preserve access to public benefits when creating special needs trusts.
  • Make sure healthcare wishes are clearly stated in advance medical directives.

Who Should Attend

This basic-to-intermediate level seminar offers an overview of the best practices in estate planning and will benefit:

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

Course Content

  1. Will Strategies to Prevent Conflict and Confusion
  2. Revocable Living Trust Tactics
  3. Grantor Trust Structuring Tips: Tax Savings and Problem Avoidance
  4. Retirement Benefit Planning Techniques
  5. Tax Minimization Tactics: Portability, Step-Up Basis and More
  6. Special Needs Trusts (SNTs) and ABLE Account Strategies
  7. Advance Directive Tips: Making Healthcare Wishes Explicit
  8. Ethical Considerations

Continuing Education Credit

Continuing Legal Education

Credit Hrs State
CLE 6.50 -  CT*
CLE 8.00 -  NJ*
CLE 8.00 -  NY*
CLE 6.50 -  PA*

Continuing Professional Education for Accountants – CPE for Accountants: 8.00

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 *

Professional Achievement in Continuing Education – PACE: 8.00

* denotes specialty credits

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

Monday, May 14, 2018

CLE on The Probate Process From Start to Finish

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-14/e07e2881-db7f-49a4-a5e8-467c8c6939b7.pngThe National Business Institute is holding a conference entitled, The Probate Process from Start to Finish, which will take place Monday, May 21, 2018 at the Holiday Inn Norfolk Airport in Norfolk, Virginia. Provided below is a description of the event:

Program Description

Your Fundamental Guide to Probate

So your client wants you to handle a probate case - do you know where to start? Do you know the proper procedures to use, as well as the law? At this seminar, our experienced faculty will give you detailed, step-by-step information to confidently and ably navigate the system. Gain the confidence you need to reach a favorable outcome for your client when litigating in estate administration. Enroll today!

  • Get a step-by-step walkthrough of a probate case complete with practice tips from seasoned practitioners.
  • Implement a complete estate timetable in order to know what needs to be done - and when.
  • Effectively guide the executor and the administrator through their various duties.
  • Avoid problems arising from creditors' claims and insolvency with our powerful strategies.
  • Know the secrets to confidently handling a spouse's elective share.
  • Forestall disagreements between beneficiaries: adhere to the guidelines of precedence in case of intestacy.
  • Follow thorough closing procedures so accounting is complete before distribution takes place.

Who Should Attend

This basic level seminar will provide those who have limited probate experience with tips on successfully handling a probate case. This comprehensive seminar will benefit:

  • Attorneys
  • Paralegals
  • Accountants
  • Tax preparers
  • Trust officers
  • Financial planners
  • Estate planners

Course Content

  1. Taking the First Step: Opening Estate Administration
  2. Understanding the Role of the Personal Representative in Probate
  3. Managing the Inventory
  4. Administering the Estate Effectively
  5. Maintaining an Ethical Balance in Probate Practice
  6. Determining if Spouse's Elective Share is a Reasonable Option
  7. Uncovering the Laws of Intestacy and How They May Apply
  8. Putting the Case to Rest: Closing the Estate

Continuing Education Credit

Continuing Legal Education – CLE: 7.00 *

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

May 14, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally | Permalink | Comments (0)

Friday, May 11, 2018

CLE on Estate Planning for Farmers and Ranchers

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-11/b5b54598-a99a-4f58-91e5-561af7292eed.pngThe National Business Institute is holding a conference entitled, Estate Planning for Farmers and Ranchers, which will take place on Monday, May 21, 2018 at Holiday Inn Toledo South - Perrysburg in Perrysburg, Ohio. Provided below is a description of the event:

Program Description

How to Protect Farm Assets and Transfer Them to Heirs

Estate planning for farms and ranches requires specialized knowledge and tools to ensure the best client representation. This legal course will give you the knowledge to preserve the farms and other assets your clients have worked their entire lives to acquire and build. Explore the challenges and opportunities unique to estate planning for farmers to help make good sense of difficult legal and financial policies. Learn what you need to know about wills, trusts, government programs, and other key elements. Help your clients take care of their estate planning needs and their family's future - register today!

  • Take full advantage of government farm programs and valuation discounts.
  • Explore the deciding factors in choosing the right business entity when planning ownership transfer.
  • Employ all available tools for transferring assets and preserving wealth.
  • Tackle harvest yield predictions and other unique factors of farm asset valuation.
  • Recognize when giving away the farm is the wisest financial decision and how to do it properly.

Who Should Attend

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

  • Attorneys
  • Estate and Financial Planners
  • Accountants and CPAs
  • Tax Preparers
  • Trust Officers
  • Paralegals

Course Content

  1. Medicaid (Long-Term) Planning for Farmers and Ranchers
  2. Planning for a Full or Partial Outright Sale or Gift
  3. Business Structure Choice and Conversion - Including Sample Documents
  4. Agricultural Use Valuation
  5. Planning for a Gradual Transfer Within the Family
  6. Transfers Upon Death: Key Estate Administration Concerns

Continuing Education Credit

Continuing Legal Education – CLE: 6.00

Financial Planners – Financial Planners: 7.00

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

* denotes specialty credits

May 11, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally | Permalink | Comments (0)

Thursday, May 10, 2018

CLE on The Ultimate Guide to Probate

 

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-11/0b15a434-a445-4398-a3dc-c568a3219b0c.pngThe National Business Institute is holding a conference entitled, The Ultimate Guide to Probate, which will take place on Monday, June 11, 2018 at the Midtown Austin Holiday Inn in Austin, Texas. Provided below is a description of the event:

Program Description

Your Comprehensive Probate Guide - With an Eye on the Assets

Probate practice is becoming an increasingly marketable skill due to the aging population and clients' reliance on competent attorneys and other professionals who can smoothly guide them through the procedures. In this seminar, our esteemed faculty will provide you with not only an understanding of the step-by-step probate process, but also with a hard-won knowledge for managing issues regarding executors, creditor claims, inventory/accounting, beneficiary distributions and closing the estate. Enhance your practice - register today!

  • Navigate the probate process with ease in our practical, step-by-step walkthrough.
  • Accurately identify, value, prepare and distribute probate assets.
  • Pick up best practices for handling creditor notices and claims.
  • Find out how to deal with non-cooperative executors, beneficiary disputes, assets in the possession of others and other sticky issues.
  • Gain tips for navigating through tax forms so you can make strategic, money-saving decisions quickly.
  • Learn how to successfully balance the final account and close the estate.

Who Should Attend

This basic-to-intermediate level probate program is for:

  • Attorneys
  • Accountants
  • Enrolled Agents
  • Paralegals
  • Trust Officers
  • Financial Planners
  • Tax Managers/Consultants
  • Auditors/Treasurers
  • Tax Preparers

Course Content 

  1. The Probate Process Explained
  2. Distinguishing Between Probate and Non-Probate Assets
  3. Inventory and Satisfying Creditor Claims
  4. Maintaining the Estate and Preparing Assets for Distribution
  5. Tax Deadlines and Preparing, Coordinating and Filing Returns
  6. Beneficiary Distributions, Final Account and Closing of the Estate
  7. Ethical Practice Considerations and Concerns in Probate

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: 6.60 *

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

May 10, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally | Permalink | Comments (0)

Monday, April 30, 2018

CLE on Medicaid Lookback Rules and Planning

0000000 CLEThe National Business Institute is holding a conference entitled, Medicaid Lookback Rules and Planning, which will take place on Monday, May 07, 2018 at The Cornhusker in Lincoln, NE. Provided below is a description of the event:

Program Description

Make Certain Your Clients' Long Term Care Needs Are Met

The requirements for Medicaid eligibility are strict, and protective planning is tricky. How does your understanding of Medicaid planning stack up? Join us at this focused seminar to get the answers you need about this complex area of practice. Register today!

  • Determine which assets are countable and how they can be converted.
  • Learn what the income eligibility requirements are.
  • Establish exactly what limitations are placed on asset transfers.
  • Protect your clients' interests by knowing what's exempt and what's not.
  • Deepen your knowledge of transfer penalty provisions.
  • Learn to effectively use trusts to plan for Medicaid without interfering with the overall estate plan.

Who Should Attend

This intermediate level program addresses key questions involved in elder planning and is designed for attorneys. It will also benefit accountants, estate and financial planners, life care planners, and paralegals.

Course Content

  1. The Lookback Period and Qualifying Asset Transfers Rule
  2. Asset Conversion From Non-Exempt to Exempt
  3. Irrevocable Trusts in Medicaid Planning
  4. Legal Ethics
  5. Penalty Period for Improper Transfers

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

Financial Planners – Financial Planners: 7.00

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

* denotes specialty credits

April 30, 2018 in Conferences & CLE, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Sunday, April 29, 2018

CLE on Probate Hands-On! - An Interactive Workshop

0000000 CLEThe National Business Institute is holding a two-day conference entitled, Probate Hands-On! - An Interactive Workshop, which will begin on Monday, May 07, 2018 at the Capital Conference Center in Indianapolis, IN. Provided below is a description of the event:

Program Description

Practical Approach to the Probate Process

Answer the top questions about the probate process and the key tasks and decision-making involved with this hands-on primer. Experienced faculty will guide you through the series of scenarios and exercises so that you come away fully prepared to tackle key probate tasks. Register today!

  • Get the probate process and procedure clarified.
  • Get effective tips for proving the validity of the will.
  • Review procedures for locating and marshalling assets, with sample valuation scenarios.
  • Learn how to handle tax return forms procedures and questions through exercises and case studies.
  • Review an example of a contested Medicaid recovery claim to learn how to best defend each estate.
  • Learn what situations present the greatest danger of crossing the ethical line and find solutions together.

Who Should Attend

This basic-to-intermediate level program is designed for Attorneys. It may also be of value to Accountants, Tax Advisers, Estate Planners, Trust Officers and Paralegals.

Course Content

Day 1

  1. Probate Process and Procedure - Clarified
  2. Ensuring Executors Know Their Duties - Case Studies
  3. Wills: Proving Validity, Petitioning and Top Problems
  4. Assets: How to Inventory, Locate, Secure, Value and Manage - With Case Studies
  5. Medicaid Estate Recovery and Exceptions - Case Studies

Day 2

  1. Ethical Considerations in Probate - In Case Studies
  2. Creditor Claim Conundrums
  3. Final Accounting: Everything You Need to Know - Sample Accounting Review and Questions
  4. Tax Deadlines, Preparation, Coordination, Filing Returns
  5. Handling Distributions and Closing the Estate Without a Hitch - Common Scenarios

Continuing Education Credit

Continuing Legal Education – CLE: 13.30 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 16.00 *

* denotes specialty credits

April 29, 2018 in Conferences & CLE, Estate Administration, Estate Planning - Generally, Income Tax, Wills | Permalink | Comments (0)