|
INITIAL CLIENT INTERVIEW - GETTING THE INFORMATION YOU NEED
Erin M. Matis and Melissa L. Nissenholtz, 9:00 - 9:30
- What Questions to Ask to Determine the Client's Goals
- Determining Beneficiaries
- Ensuring Reasonable Expectations
ASSESSING THE CLIENTS' CURRENT FINANCIAL SITUATION AND FUTURE NEEDS
Erin M. Matis and Melissa L. Nissenholtz, 9:30 - 10:15
- Finance 101 for Attorneys
(common terms used in financial documents, common types of reports and agreements, reading and interpreting financial data)
- What Documents to Request from the Client
- Red Flags to Look for in a New Client's Existing Estate Plan
- Review and Critique of a Sample Flawed Plan
BUILDING IN THE SAFEGUARDS
Erin M. Matis and Melissa L. Nissenholtz, 10:30 - 11:30
- Rights Reserved by Grantor
- What to Do in Case of Grantor's Incapacity
- Protecting Trust Assets From Creditors
- Resolving Disputes Between Surviving Spouse and Final Beneficiaries Before They Begin
- Strategic Use of Language and Practical Drafting Tips
DRAFTING TRUSTEE PROVISIONS
Dwight E. Cole, 11:30 - 12:30
- Is a Co-Trustee Needed? Personal or Professional?
- Spouse's Powers and Responsibilities Defined
- Removal and Resignation of Co-Trustees
- Drafting Instructions and Sample
ETHICAL CONSIDERATIONS
Fred L. Vilbig, 1:30 - 2:30
- Who Is Your Client? Avoiding and Resolving Conflicts of Interest
- Determining and Collecting Attorneys' Fees
- Additional Duties of Attorneys Who Serve as Co-Trustees
MISCELLANEOUS ADMINISTRATIVE PROVISIONS
Fred L. Vilbig, 2:30 - 3:15
- Spend-Thrift Provisions
- The Place of Trust Administration
- Setting the Flexibility Potential of the Trust
- Keeping the Two Trusts Separate After the Death of the Spouse: How to Set Up an Accounting and Record Keeping System
MAJOR TRUST PROVISIONS - DEFINING THE MECHANICS OF ASSETS TRANSFER
Adam W. Randle, 3:30 - 4:00
- A-B Provisions in Detail
- Identifying Ultimate Beneficiaries
- Wealth Transfer Logistics
- Insurance Provisions
- What Happens After Surviving Spouse's Death
- Simultaneous Death Provisions
- Planning for Taxes
- Drafting Instructions and Sample
LEGISLATIVE AND CASE LAW UPDATE
Scot W. Boulton, 4:00 - 4:30
|