Upcoming Seminar on Trusts

Sandra Johnson will be a co-presenter at a continuing education seminar for attorneys, CPA’s and financial professionals concerning trusts.  The outline for the seminar is set forth below.  If you are interested in attending the seminar, reservation information is available through the link to the seminar webpage:  Trusts 101

I.  WHERE TO BEGIN? - AN OVERVIEW OF TRUSTS
    8:30 - 9:30, Ralph T. Collins
    A.  Main Terms Defined
    B.  Major Laws Governing Creation and Administration of Trusts
    C.  Who are the Main Parties? Their Duties and Responsibilities to a Trust
    D.  Revocable vs. Irrevocable
    E.  Determining Your Client's Planning Needs
    F.  Reasons for Drafting a Trust
    G.  Deciding Which Type of Trust to Use
II.  REVOCABLE LIVING TRUSTS 
    9:30 - 11:00, DeAnne E. Parker
    A.  Revocable Trust Planning
    B.  Selection of Trustee
    C.  Distribution Provisions
    D.  Funding the Trust
    E.  Disclaimer Trusts
    F.  Credit Shelter Trusts
    G. Marital Deduction Trusts
    H. Qualified Terminable Interest Trusts (QTIPs)
    I.  Revocation and Amendment
    J.  Common Mistakes to Avoid
III.  TRUSTS USED FOR TAX REDUCTION
    11:15 - 12:45, DeAnne E. Parker
    A.  Charitable Remainder Trusts (CRT)
    B.  Grantor Retained Annuity Trust (GRAT)
    C.  Grantor Retained Income Trust (GRIT)
    D.  Qualified Personal Residence Trust (QPRT)
    E.  Intentionally Defective Grantor Trust (IDGT)
    F.  Education Trust for Children and Grandchildren
    G.  Generation Skipping Trust
    H.  Life Insurance Trust (ILIT)
IV.  GRANTOR TRUSTS
    1:45 - 2:45, Ralph T. Collins
    A.  What Grantor Trusts are Used for
    B.  Types of Grantor Trusts
    C.  Provisions Triggering Grantor Trust Status
    D.  Funding the Grantor Trust - Who Is the Grantor?
    E.  Taxation Considerations - When to File the Return?
    F.  Administrative Power
V.  ESTATE PLANNING FOR THE DISABLED
    2:45 - 3:25, Sandra L. Johnson
    A.  The Types of Special Needs Trusts and Their Specific Purposes
    B.  Who Can Be the Beneficiary
    C.  Drafting Tips and Samples
VI.  ETHICAL CONSIDERATIONS
    3:40 - 4:40, Sandra L. Johnson
    A.  Who is Your Client?
    B.  Confidentiality in Third Party Communications
    C.  Assessing the Client's Capacity
    D.  Avoiding Fraudulent Transfers