Description
Learn best practices for drafting estate plan documents to ensure assets are passed on to your intended beneficiaries.Any individual who has any assets, regardless of the value, and who has family or loved ones must have certain estate planning documents to ensure that hisher assets are passed to the intended beneficiaries. Further, people also need to have documents in place to help manage their assets and health care in case they become incapacitated. There are many nuances involved with respect to drafting all these documents depending on a host of different variables. For example, if the beneficiaries are minors or disabled, specific language and planning is required. Accordingly, not only is it important to have these documents, it is also critical that they be drafted with appropriate language. This topic will highlight various issues that arise with respect to each estate planning document and will offer drafting tips that address these concerns.
Date: 2024-08-22 Start Time: End Time:
Learning Objectives
Wills vs. Trusts
• Wills Pros
• Will Cons
• Things to Consider
Drafting Technology
• Automated Drafting Programs
• Contending With DIY Programs
Wills: Purposes, Types and Structures
• Simple Last Will and Testament
• Wills for the Purpose of Estate Tax Planning
• Will With a Disclaimer Credit Shelter Trust
• Will With a Mandatory Credit Shelter Trust
• Wills for the Purpose of Planning for Disabled Beneficiaries
• Wills for the Purpose of Planning for Minors
• Wills for the Purpose of Planning for Financial Management of Other Beneficiaries
• Spendthrift Trusts
• Trust for a Home
• Trust for a Business
• Pet Trusts
• Qualified Terminable Interest Property (QTIP) Trusts
• Qualifying Domestic Trusts (QDOT)
• Charitable Trusts
• Capacity, Undue Influence and Other Issues
Advance Directives
• Powers of Attorney
• Health Care Proxy
• Living Will
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Debby Rosenfeld-Ronald Fatoullah & Associates
