Products tagged with 'trusts'

A discussion of the building blocks of an estate plan and factors to consider when developing one for a client.

The world around us continues to evolve with new technologies, social platforms, and methods of communication. While these advances bring innovative marketing and communication opportunities for lawyers, they also raise new (and old) legal and ethical considerations. Learn about the various platforms and services available to your practice, identify potential ethical and legal issues, and prepare to implement strategies for delivering superior client services to the next generation of inherited wealth.

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.

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.

Starting with an overview of Payable on Death (POD) accounts and apportionment rules in Illinois, this program guides you through three case studies that help illustrate the pros and cons of POD accounts as well as a set of best practices to employ when dealing with clients with these accounts.

Learn how you can help clients consider when it might be desirable to tap into noncharitable trusts for charitable giving. The discussion will include tips on how to utilize existing irrevocable trust assets for desired or obligatory gifts to charity and how to draft new trusts to promote flexibility for future family philanthropy.

The Mistakes Our Decedents Make: Dealing with Complex Probate and Trust Assets

Get practice pointers for both First-Party and Third-Party Special Needs Trusts and learn how to effectively use expanded powers and planning language in power of attorney documents, wills and trusts to accommodate special needs. Also included are tips for planning for a spouse's disability within an estate plan.