Effective Use of Disclaimers

Learn about the differences and similarities between estate planning and asset protection planning using examples from real client circumstances. While estate planning is recommended for all, asset protection planning, may be useful only to some. Asset protection planning uses different planning criteria and often treats and repositions assets differently. You will learn why planning timeframes for asset protection planning are different depending on the occurrence of potentially or obviously different triggering events and how to use a considered analysis of these two types of planning to better serve your clients and why some plans succeed, and others fail.

Learn to navigate communication and information sharing during the estate and trust settlement process, from filing the will to asset distribution and everything in between. Explore whether compliance with the statute is enough to keep the waters calm.

Determine how to draft to facilitate changes/updates, and what to do without that drafting, with special focus on consolidation, nonjudicial settlement agreements, late disclaimers, and decanting.