HOME >  Seminars in CALIFORNIA > San Diego > Wills and Trusts 101

 Wills and Trusts 101 Seminar

Presented by NBI, Inc.

Wills and Trusts 101

Course Description

Your Definitive Guide to Wills and Trusts

Wills and trusts may seem straightforward, but have you fully mastered the building blocks that lead to rock-solid foundations? Don't let your clients' estate plans collapse around them. You can't afford to overlook the basics if you want to create wills and trusts that stand the test of time. This two-day seminar will give you the knowledge you need to draft and execute wills, set up and fund trusts, and more. No matter if you are new to estate planning or are an experienced practitioner in need of a refresher, you are sure to get the information your clients need. Register today!

• Recognize when you should use a will and when you should use a trust.
• Get the sample documents you need to draft airtight wills.
• Smooth the will execution process with useful tips and checklists.
• Avoid critical errors attorneys commonly make when creating wills and trusts.
• Know when you should use a revocable vs. an irrevocable trust.
• Draft personalized trust forms and amend existing trusts.
• Fund trusts the right way - know how to handle key assets.
• Get the latest estate tax updates your clients depend on you to know.

Agenda

Day 1

1. Wills vs. Trusts: Weighing Pros and Cons
   9:00 - 9:45, Patricia L. Andel
   
2. Wills: Key Elements, First Steps and More
   9:45 - 10:30, Patricia L. Andel
   
   1. Wills: Purposes, Types and Structures
   2. Client Intake Procedures: With Checklists
   3. Checking for Capacity, Undue Influence and Other Issues
   4. Beneficiary Designations
   5. Pensions, Jointly Held Assets and Other Operation of Law Transfers
   6. Summary Administration and Small Estate Affidavits
3. Will Drafting - With Checklists and Sample Documents
   10:45 - 11:45, Patricia L. Andel
   
   1. General Considerations and Definitions
   2. Preliminary Clauses
   3. Bequests and Gifts
   4. Tangible Personal Property Provisions
   5. Real Property Provisions
   6. Fiduciary Powers and Appointments
   7. No Contest Provisions/In Terrorem Clauses
4. Will Execution
   12:45 - 1:45, Amy K. Nett
   
   1. Legal Requirements, Witnesses, Etc.
   2. What You Need to Explain to Clients
   3. Tips to Smooth the Execution Process
   4. Sample Checklists
5. Updating Existing Wills
   1:45 - 2:45, Amy K. Nett
   
6. Ethical Considerations
   3:00 - 4:00, Andrew W. Gilliland
   
   1. Attorney's Fees
   2. Conflicts of Interest
   3. Preventing Fraudulent Transfers
   4. Diminished Capacity Considerations
7. Top Will Mistakes Attorneys Make - and How to Avoid Them
   4:00 - 4:30, Andrew W. Gilliland
   

Day 2

8. Trusts: Structures and Principles
   9:00 - 10:00, Todd P. Pearsall
   
   1. Revocable vs. Irrevocable Trusts
   2. Selecting Trustee(s)
   3. Choosing Trust Situs
   4. Common Elements in Trust Agreements
   5. Aligning Trusts with Estate Plans
9. Drafting Personalized Trust Forms - With Sample Documents
   10:15 - 11:15, Richard Scott Stewart
   
   1. Drafting From Scratch vs. Standardized Forms
   2. General Trust Provisions
   3. Trustee Powers
   4. Trust Distributions
   5. Apportionment: Payment of Taxes, Expenses, Etc.
   6. Imprecise Language, Inconsistent Language and Other Dangers
   7. Amending Existing Trusts
10. Trust Funding
    11:15 - 12:15, Richard Scott Stewart
    
    1. Grantor vs. Non-Grantor Trust Funding Considerations
    2. What Assets Can be Placed in Trusts?
    3. Cars, Real Estate and Other Titled Assets
    4. Changing Titles and Beneficiary Designations
    5. Trust Assets and Insurance Issues
    6. The Dangers of Unfunded Trusts
11. Trust Taxation
    1:15 - 2:15, Edward P. Schlesier
    
    1. Estate Tax Update
    2. Income Tax Ramifications
    3. Trust Taxation Basics
    4. Fiduciary Taxes
12. Long-Term Care, Incapacity and End-of-Life Decisions: Trusts and Other Documents
    2:15 - 3:15, Roland H. Achtel
    
    1. Special Needs Trusts
    2. Advance Medical Directives
    3. Powers of Attorney
    4. DNR Orders and Organ Donation
13. Top Trust Mistakes - and How to Avoid Them
    3:30 - 4:30, Roland H. Achtel
    

More Seminar Information

NBI, Inc. Summary Wills and Trusts 101 Delivery Method  Seminar Who Should Attend This basic level program is designed for: Attorneys Accountants Trust Officers and Personal Representatives Estate Planners Paralegals

All Date/Location Information