Course ID: 20692 | Course Duration: 1 Day

Top 10 Estate Planning Techniques Training Class

Course ID: 20692

Top 10 Estate Planning Techniques Training Seminar

Focus Your Efforts on Techniques That Work

This engaging course will take you to the basics of estate planning and beyond with old and new techniques that our attendees have voted to be the most effective in their practice. Find out what makes these 10 estate planning tools "superstars" and gain practical tips for maximizing their uses. Enroll today!

A simple will remains one of the most effective tools in estate planning - learn how to phrase it to maximize its effectiveness.
Gain practical tips for drafting legally defensible transaction agreements to make sure the gifts are properly documented.
Help your client transfer a business to beneficiaries without diminishing its value or surrendering too much control.
Protect yourself with thorough knowledge of laws and regulations governing the actions of fiduciaries.
Learn why it's important to know when to file the tax return for grantor trusts.
Determine whether a client qualifies as a beneficiary of a special needs trust and gain tips for drafting one.
Don't reinvent the wheel - modify our sample trust documents to create airtight qualified personal residence trusts.
Maximize your asset protection: learn how to make sure all your clients' assets are accounted for in the trust documents.
Create clear final instructions and last wishes to lift the burden of funeral planning from heirs.
Use spendthrift language in ILITs to limit the ability of beneficiaries to assign interest and creditors to make demands on the trustees to pay the debts of beneficiaries.
Gain insight on the fundamentals of Medicaid planning.


	Agenda
	*ADVANCE MEDICAL DIRECTIVES & DURABLE POWER OF ATTORNEY* 9:00 - 9:30, Steven M. Jankower. Appointing the Right Health Care Proxy What to Include in a Living Will HIPAA Release Authorization Burial and Funeral Designations *WILLS* 9:30 - 10:15, Joseph M. Placer Jr. Checklist for Gathering Client Information Must-Have Provisions - Drafting Do's and Don'ts Building Flexibility into the Plan - Checklist of Special Provisions Methods of Designating Fiduciaries Keeping the Clients Current on Their Wills Educating Your Clients on the Harm of Writing Someone Out of the Will Practical Pointers and Sample Will Review *ANNUAL EXCLUSION GIFTING* 10:30 - 11:00, Mark W. Fry. Determining Recipients of the Gifts Choosing the Most Highly Appreciated Assets for Annual Gifting Minimizing Gift and GST Taxes Reporting to the IRS Maximizing Annual Exclusion and Lifetime Exemption Gifting Gifting Techniques *CHARITABLE GIVING* 11:00 - 11:30, Mark W. Fry. Overview of the Wealth Transfer Charitable Tax Deduction Helping the Client Choose a Qualified Charity Requesting Donation Confirmation Documents From Charity Charitable Lead Trusts Charitable Remainder Trusts Generation Skipping Planning Charitable Giving and the Zero Estate Tax Plan *IRREVOCABLE LIFE INSURANCE TRUSTS* 11:30 - 12:00, Mark W. Fry. Single Life and Second to Die Trusts Hanging and Flexible Crummey Powers GST Planning and Allocation of GST to Gifts Spousal Access and Wrap Trusts *QUALIFIED PERSONAL RESIDENCE TRUSTS* 1:00 - 1:30, Mark W. Fry. *BUSINESS ENTITIES* 1:30 - 2:00, Joseph M. Placer. Family Limited Partnerships Limited Liability Corporations Other Types of Entities *FUNDAMENTALS OF MEDICAID PLANNING IN LOUISIANA* 2:15 - 4:15, Steven M. Jankower. Medicaid in Louisiana- Individuals in Need of Benefits Can Qualify if They are Willing to Wait Louisiana's Forced Heirship Laws Make Medicaid Planning Critical Medicare & Medicaid - They May Sound the Same but They're Not Can a Medicaid Recipient Own Assets and Still Qualify for Benefits? Congress Passes Sweeping Changes in Medicaid Eligibility Rules- The Deficit Reduction Act of 2005 "Why Can't we Give it Away?" - Donating Assets Can Trigger Stiff Medicaid Penalties Medicaid Estate Recovery - When the Government Wants it Back Medicaid Planning for the Long Term Care of a Spouse Common Myths and Misconceptions about Medicaid Planning Legality of Medicaid Planning - Do Granny and Her Attorney go to Jail? Advantages and Disadvantages of Special Needs Trusts Determining if a Special Needs Trust is Right for Your Client's Needs "Medicaid Qualifying Trusts" Can Disqualify a Person From Medicaid Should Special Needs Trusts be Established as Living Trusts or Testamentary Trusts? Funds Received in a Personal Injury Settlement Can Put Medicaid Eligibility at Risk " Who Should Choose?" - Selecting a Trustee is a Key Decision in Medicaid Planning *GRANTOR RETAINED ANNUITY TRUSTS* 4:15 - 4:30, Mark W. Fry.