Essential Estate Tax Traps to Avoid

This session will summarize the key tax and estate planning benefits that can be achieved by carefully incorporating a life insurance policy in a client’s estate plan. In addition, it will address the differences between term and permanent life insurance, determining who should be the owner and beneficiary of the life insurance policy, how best to fund a trust-owned life insurance policy, and avoiding the troublesome “transfer-for-value” rule.

Originally presented as part of the Estate Planning Boot Camp.

This session will walk you through a checklist to ensure thoroughness in each stage of the planning process, from pre-engagement to document drafting to termination of representation, to help you avoid malpractice claims. Additionally, a Q&A session will address specific issues that arise in everyday practice.

Originally presented as part of the Estate Planning Boot Camp.

Differences between simple wills that distribute outright, pour over wills to revocable trusts and wills that create and fund testamentary trusts. Originally presented as part of Fundamentals of Will Drafting 2025.