Wills, Trusts & Estates Prof Blog

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

A Member of the Law Professor Blogs Network

Sunday, July 27, 2014

eLearning Program on Pre-Mortem Planning

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The American Bar Association is holding a Paralegal eLearning Program entitled, Immediate Pre-Mortem Planning, on August 14, 2014 from 12:30 – 1:30 PM CT via webinar.  Here is why you should attend:

The ABA Section of Real Property, Trust and Estate Law is proud to continue our professional development series focused on paralegals, legal assistants, and others working in the areas of Trust & Estate Law, with the 2014 program 'Til Death Do We Part - Estate Planning During Client's Lifetime. This program is co-sponsored by the ABA Standing Committee on Paralegals.

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. Those who sign-up for the entire series after it begins will be registered for the remaining webinar sessions and receive recordings of the sessions that have already occurred.

July 27, 2014 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Sunday, July 20, 2014

CLE on International Trust and Estate Planning

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The American Law Institute Continuing Legal Education (ALI CLE) is holding a CLE entitled, International Trust and Estate Planning, on October 20-21 in San Francisco, CA.  Here is why you should attend:

If you provide tax and trust advice to U.S. clients with international connections or to foreign clients with U.S. connections (or you don’t currently counsel such clients, but wish to start doing so), you must attend this program! 

Set in San Francisco, International Trust and Estate Planning comprises more than 13 hours of instruction, including two hours of ethics, and gives attendees the tools they need to not only stay competitive, but also to practically advise clients on rapidly-changing legislative, regulatory, and enforcement developments in this complex area. 

An all-star faculty – including a representative of the Internal Revenue Service who addresses current offshore compliance and enforcement initiatives – examines the practical application of the complex U.S. income, gift, and estate tax rules affecting noncitizens living or investing in the U.S., or U.S. clients with foreign property, foreign financial accounts, interests in foreign entities, or who are beneficiaries of foreign trusts or trust-like vehicles. The course also includes segments focusing on country-specific developments outside the U.S., and multi-national initiatives related to tax compliance, bank secrecy, and the prevention of money laundering.         

In addition to the critical substantive information presented through an engaging, interactive format, registrants have the unique opportunity to discuss their legal questions and network with faculty members and attendees from around the world.

July 20, 2014 in Conferences & CLE, Estate Planning - Generally, Travel, Trusts | Permalink | Comments (0) | TrackBack (0)

Tuesday, July 15, 2014

CLE on State Statutes to Delay Notification of a Trust

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The American Law Institute Continuing Legal Education (ALI CLE) is holding a CLE entitled, The Silent Trust: Using State Statutes to Delay Notification of a Trust, on July 30, 2014 from 1:00 – 2:00 PM Eastern, available via telephone seminar or audio webcast.  Here is why you should attend:

Do you have a client concerned about who is the beneficiary of a trust? Most state laws impose a requirement on trustees to keep current beneficiaries of a trust reasonably apprised of their beneficial interests. This can be concerning to many grantors, particularly with respect to younger beneficiaries. Grantors fear that a beneficiary’s knowledge of the wealth in the trust can result in a disincentive for the beneficiary to achieve his/her own success.

The creation of the “silent trust” changes this dynamic by eliminating a trustee’s duty to inform beneficiaries of the existence of a trust for a period of time. Join us at this all-new CLE program on silent trusts for a practical, in-depth examination of silent trusts and their special considerations.

July 15, 2014 in Conferences & CLE, Estate Planning - Generally, Trusts | Permalink | Comments (0) | TrackBack (0)

Saturday, July 12, 2014

CLE on Managing the Art Portfolio

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The American Bar Association is holding a CLE entitled, Proactive Estate Planning: Managing the Art Portfolio to Maximize Value and Legacy, on July 17, 2014, 1:00 PM – 2:30 PM ET via webinar.  Here is why you should attend:

Join an esteemed art lawyer and renowned conservator as they:

    • Consider how security, revenue exploitation, intellectual property audits, licensing, archival maintenance, periodic condition analysis, and reports factor into the estate plan
    • Discuss environmental and relevant conditions to sustain asset value
    • Review the ethics of art portfolio management under museum, legal and conservation guidelines

Take a proactive approach to managing the art and antiques portfolio of the estate plan. Art, antiques, and furnishings are part of the investment portfolio, which are overlooked or inadequately managed during the lifetime of the testator and afterward. What are the benefits? Increasing values of art, antiques, and decorative arts in the market place; complexity of intellectual property rights in artworks, especially copyright and the licensing market potential of art; repatriation claims for antiquities; and conserving the art assets in accordance with industry standards to sustain market value and protect the integrity of the objects are all part of today’s art estate asset management.

July 12, 2014 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Friday, July 11, 2014

CLE on Reproductive Technology Law & Estate Planning

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The American Bar Association is holding a CLE entitled, ART Law: The Intersection of Reproductive Technology Law with Family Law & Estate Planning, on July 23, 2014 at 12:00 PM – 1:30 PM Eastern via webinar.  Here is why you should attend:

Assisted Reproductive Technology (ART) law is not the niche practice most attorneys believe it to be. Understanding ART issues is vital for family law and estate planning attorneys. Join our expert faculty for a discussion that will:

    • Create the necessary awareness for you to inquire about—and properly address—ART issues in your everyday practice

Most attorneys consider the practice of assisted reproductive technology (ART) law to be a specialized niche practice reserved for the few attorneys expert in surrogacy and gamete donation law. The reality is that most mainstream attorneys are already (or should be) practicing ART law in their otherwise routine law practices. An estimated 8.1 million U.S. citizens experience infertility and participate in some sort of assisted reproduction. These same clients populate the offices of family and estate planning attorneys with ART issues that most of those attorneys are not familiar with and of which they are not even aware. 

The risk of remaining unaware is possible malpractice. This webinar will create the necessary awareness for all family law and estate planning attorneys to inquire about—and properly address—ART issues in their everyday practices.

July 11, 2014 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Monday, July 7, 2014

Conference Announced: Modern Studies in the Law of Trusts and Wealth Management: Theory and Practice

SMUsgThe School of Law, Singapore Management University, York Law School and the Singapore Academy of Law will convene a conference entitled “Modern Studies in the Law of Trusts and Wealth Management: Theory and Practice” from 30-31 July 2015 in Singapore.

The theme of the conference is “Present Trends and Future Challenges in the Law of Trusts and Wealth Management.” Scholars working in the fields of trust law and wealth management are invited to submit proposals addressing the conference theme.  The organisers are particularly keen to hear from Asian scholars and young scholars in the field.

Confirmed speakers include Sir Launcelot Henderson J, Matthew Conaglen (Sydney), Richard Nolan (York),  Lionel Smith (McGill), Lusina Ho (HKU), Rebecca Lee (HKU), Simone Degeling (UNSW), Matthew Harding (Melbourne), Peter Turner (Cambridge), James Penner (NUS), Francesco Schurr (Liechtenstein), Pauline Ridge (ANU), Tony Molloy QC (Shortland Chambers), Tang Hang Wu (SMU), Kelvin Low (SMU) and David Pollard (Freshfields).

Presenters will be expected to meet their own travel costs and to pay the conference registration fee of S$500 (excluding Goods and Services Tax of 7%). If you would like to offer a paper, please submit a working title and an abstract (of no more than 1500 words) by 31 August 2014 by email to Richard Nolan richard.nolan@york.ac.uk , Tang Hang Wu hwtang@smu.edu.sg and Kelvin Low kelvinlow@smu.edu.sg

Papers will be selected on the basis of quality, extent of engagement with the conference theme and fit with other papers being presented at the conference. Authors are welcome to offer more than one paper (although only one paper per author will be accepted).

The Conference website can be found here: https://law.smu.edu.sg/conference/TrustLaw2015.

July 7, 2014 in Conferences & CLE, Trusts | Permalink | Comments (0) | TrackBack (0)

Friday, July 4, 2014

CLE on Future of Estate Planning

CLEThe American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE entitled, Future of Estate Planning: Changing Landscape Across Familiar Terrain, Tuesday July 22, 2014, 12:00 – 1:30 p.m. Eastern, online and by phone.  Here is why you should attend:

Do you have a game plan for your estate planning practice?

As an estate planner, you’ve witnessed significant changes in estate planning in recent years. But, like many of your colleagues, you likely find that your day-to-day practice remains relatively unchanged. Will this trend continue? What does the future hold for your estate planning practice?

This unique CLE on the future of estate planning features a distinguished panel of nationally known estate planning specialists who will examine the current state of estate planning practice, identify how the practice is changing, and discuss how these changes will affect a variety of practice settings and client markets.

None of us has a crystal ball. But it’s prudent to analyze recent developments for a glimpse into the future state of estate planning. Attend this webcast so you can begin to develop a sensible, forward-looking plan for your practice.

July 4, 2014 in Conferences & CLE, Estate Planning - Generally | Permalink | Comments (0) | TrackBack (0)

Tuesday, July 1, 2014

CLE on ART Law

CLEThe American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE webinar entitled, ART Law: The Intersection of Assisted Reproductive Technology Law with Family Law & Estate Planning, Wednesday July 23, 2014, 12:00 – 1:30pm.  Here is why you should attend:

Assisted Reproductive Technology (ART) law is not the niche practice most attorneys believe it to be. Understanding ART issues is vital for family law and estate planning attorneys.

Join our expert faculty for a discussion that will:

  • Create the necessary awareness for you to inquire about--and properly address--ART issues in your everyday practice

July 1, 2014 in Conferences & CLE, Estate Planning - Generally, Science | Permalink | Comments (0) | TrackBack (0)

Monday, June 30, 2014

Last Chance to Register for CLE on Trust Income Taxation

CLEThe American Law Institute Continuing Legal Education (ALI CLE) is presenting a CLE entitled, Trust Income Taxation: Navigating the changing State Landscape, Today June 30, 2014, 2:00 – 3:30pm, online and by phone.  Here is why you should attend:

The rules governing the state income taxation of trusts are rapidly evolving. Recent cases have challenged the validity of the taxation of trusts in a variety of states. Trustees, beneficiaries, and their advisors need to stay current with respect to these changes.

Register today and hear our faculty examine significant recent decisions, explore the state law landscape, and share practical guidance on many topics including:

  • why trusts are difficult to “tax” locate
  • tax haven and quasi tax haven states
  • identifying states with tax statutes vulnerable to constitutional challenges
  • general state law landscape regarding the taxation of trusts

June 30, 2014 in Conferences & CLE, Estate Planning - Generally, Income Tax, Trusts | Permalink | Comments (0) | TrackBack (0)

Saturday, June 28, 2014

CLE on Balancing Income, Property, and Estate Tax Aspects of Estate Planning

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The American Law Institute Continuing Legal Education (ALI CLE) is holding a CLE entitled, Beyond Estate Tax: Balancing Income, Property, and Estate Tax Aspects of Estate Planning, on July 15, 2014, from 12:30 – 2:00 p.m. Eastern, available via telephone seminar or audio webcast.  Here is why you should attend:

Simply because the American Taxpayer Relief Act of 2012 does not “sunset” does not mean that transfer tax laws will remain forever as they are today. Tax advisors and their clients must continue to be mindful of transfer tax planning opportunities using currently favorable tax law. 

In considering the use of the plethora of lifetime and testamentary estate planning strategies available to our clients, however, a careful balance must now be struck between planning for possible transfer tax savings at the cost of increased income, capital gains or property taxes from the loss of the basis step-up at death.  And, as has always been the case, consideration must be paid to the non-tax burdens on clients of lifetime planning to avoid taxes that will only be imposed after they are dead and may only result in a relatively marginal tax benefit to the clients’ family.

Join nationally recognized estate planners for a thorough discussion of factors to be considered in striking the balance among income, property and estate tax aspects of estate planning--designed to minimize overall tax burdens, in life as well as in death.

June 28, 2014 in Conferences & CLE, Estate Planning - Generally, Estate Tax, Income Tax | Permalink | Comments (0) | TrackBack (0)