Tuesday, May 27, 2008
ALI-ABA is sponsoring a seminar entitled Representing Estate and Trust Beneficiaries and Fiduciaries on July 17-18, 2008 in San Francisco. The course is also available as a live video webcast.
Here is a description of this program:
This annual advanced course of study is designed for lawyers representing fiduciaries and beneficiaries, in-house bank and trust counsel, risk managers, investment officers and relationship managers, investment advisors, and estate planning and estate and trust administration professionals.
Over the course of more than 14 hours of instruction, lively panel discussions are used to examine current developments and corresponding strategies in fiduciary law. The program focuses primarily on issues surrounding fiduciary litigation and how to prevent it, rather than traditional estate planning approaches and considerations.
- The current fiduciary litigation landscape and its impact on policy
- The inside of the Plaintiff’s playbook and the response of the Defense FLP/LLCs in estates and trusts and tax controversies
- The not-so-irrevocable irrevocable trust
- Tax consequences of settlements that usually surprise
- The modern release
- A practical and specific standard for “prudent”
- UTC-driven changes in what we need to do
- The self-canceling right to sue a fiduciary
- Avoiding liability
- Ethical restraints in representing those who represent
- IRS enforcement priorities
- Strategies for the dysfunctional family
- Protecting attorney-client privilege
- Carrot and stick trust provisions
- Practical and media considerations in disputes
- The protocol for prudently managing managers
- The “collateral” duties that provide a back-door to liability\
- Communicating complex matter
Time is reserved throughout the program to address registrants’ questions. A reception for registrants and faculty, following the conclusion of Thursday’s presentations, provides additional networking opportunities. Registrants at the live program also have the opportunity to take part in small, focused, and interactive discussions at informal roundtables available during the last half-hour of the lunch breaks.