When assessing complex information, it often helps to break items into basic building blocks. The same approach can be successful when dealing with asset protection. Be prepared for specific challenges associated with various types of trusts by understanding their unique characteristics. Gain the information you need with this comprehensive overview of the wide variety of trusts available. Order today!

1. Introduction and Course Overview
2. What is a Trust?
3. You Can't Take it with You
4. Estate and Gift Taxation
5. Ethical Considerations
6. Advanced Tax Planning with Irrevocable Trusts
7. Tax Planning Through Philanthropy and Planned Giving
8. Trusts for Future Generations

1. INTRODUCTION AND COURSE OVERVIEW
   8:30 - 8:45, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
2. WHAT IS A TRUST?
   8:45 - 9:30, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. The Parties
   2. Types of Trusts
   3. Basic Trust Terminology
   4. Reading and Identifying Trusts
3. YOU CAN'T TAKE IT WITH YOU
   9:45 - 10:50, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. Types of Property and How it Passes at Death or Disability
   2. The Basics of Wills and Probate
   3. How Title Impacts Property Transfers at Death
   4. Reasons for Using a Living Trust
   5. The Challenge and Importance of Trust Funding
4. ESTATE AND GIFT TAXATION
   10:50 - 11:50, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. A History of Estate and Gift Taxes
   2. The Current State of the Law
   3. The Credit Shelter Trust as a Basic Tax Planning Solution
   4. Marital and QTIP Trusts
5. ETHICAL CONSIDERATIONS
   12:50 - 1:50, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. Identifying the Client
   2. Confidentiality
   3. Testamentary Capacity
   4. Fraudulent Transfers to Irrevocable Trusts
   5. Reporting Taxable Gifts
6. ADVANCED TAX PLANNING WITH IRREVOCABLE TRUSTS
   1:50 - 2:40, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. Crummey Gifting Trusts
   2. Grantor Deemed Owned Trusts (GDOTs)
   3. Domestic Asset Protection Trusts (DAPTs)
   4. Grantor Retained Annuity Trusts (GRATs)
   5. Qualified Personal Residence Trusts (QPRTs)
   6. Trust Funding with Discounted Transfers
7. TAX PLANNING THROUGH PHILANTHROPY AND PLANNED GIVING
   2:55 - 3:45, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. Tax Efficient Giving
   2. Charitable Remainder Trusts (CRTs)
   3. Charitable Lead Trusts (CLTs)
   4. Private and Community Foundations
8. TRUSTS FOR FUTURE GENERATIONS
   3:45 - 4:40, Richard H. Foley Jr., Susan Behlke Foley and William M. Pearson
   1. Common Trust
   2. General Needs Trust
   3. Generation Skipping Trusts
   4. Supplemental Needs Trust

SUSAN BEHLKE FOLEY is a co-founder of Foley & Foley PC with her husband Richard. She earned her undergraduate degree in economics from Whitman College and her J.D. degree from Lewis & Clark Northwestern School of Law. Mrs. Foley began her law practice in Fairbanks, and moved to Anchorage in 1981. Since then, she has focused her practice exclusively on assisting clients with estate planning, business related issues, probate and trust administration. She is a member and past president of the Anchorage Estate Planning Council. Additionally, she is a member of WealthCounsel, a national organization of estate planning professionals; the Alaska Supreme Court's Probate Rules Committee; the Alaska Bar Association (Estate Planning and Probate Section); and the American and Anchorage bar associations. Mrs. Foley is a graduate fellow of the three-year master's program of the Esperti Peterson Academy of Multidisciplinary Practice. She is active in assisting non-profit organizations in Alaska. Mrs. Foley is the current board chair of the Alaska Community Foundation, and she participated as a member of the Planned Giving Goals and Visioning Committee for United Way of Anchorage. She has been active with the Alaska YWCA and previously served on the school board of Grace Christian School. Throughout her career, Mrs. Foley has taught on estate planning, probate and post mortem administration. She has presented to state and national attorney groups, accountants, financial and insurance professionals, community organizations and philanthropic groups.

RICHARD H. FOLEY JR. founded the law firm of Foley & Foley PC with his wife Susan in 1988. He attended the University of Alaska at Fairbanks where he received his B.A. degree in journalism. He worked as a newspaper reporter for the Ketchikan Daily News before attending law school and completing his J.D. degree at Rutgers University. Mr. Foley is a member of WealthCounsel, LLC, a national organization of estate planning attorneys where he currently serves on an advisory committee for irrevocable trusts. He was formerly a member of InKnowVision, a national study group of lawyers, CPAs and financial advisors committed to collaboration and serving high net worth clients. Locally, Mr. Foley is member of the Anchorage Estate Planning Council, the Alaska Bar Association (Estate Planning and Probate Section, Fee Arbitration Committee) and the Anchorage Bar Association. He is a graduate of the Esperti Peterson Academy of Multidisciplinary Practice Advanced Studies Program in estate planning techniques for high net worth individuals. Mr. Foley's background as a litigation attorney gives him a unique ability to teach other attorneys about estate planning topics. He is a frequent speaker on estate planning topics, both in Alaska and nationwide. Professional organizations, banks, brokerage firms and community organizations have benefited from his entertaining teaching style.

WILLIAM M. PEARSON joined Foley & Foley PC in 2004 and became a shareholder in the firm in 2010. A graduate of the University of Iowa College of Law, Mr. Pearson served as a student writer and then as a note and comment editor for two of the school's law journals. Before law school, he studied international business at the University of Southern Denmark at Sønderborg, and received his undergraduate degree in finance from the University of Idaho. Mr. Pearson is a former co-chairman of the Estate Planning and Probate Section of the Alaska Bar Association; a co-author of How to Draft Wills and Trusts in Alaska; and has presented on "Alaska Community Property Trusts: The Other Alaska Trust" at the WealthCounsel National Conference. Before joining Foley & Foley PC, he clerked for the Honorable Michael A. Thompson in Ketchikan, Alaska. Mr. Pearson is a member of WealthCounsel, a national organization of estate planning professionals; the Anchorage Estate Planning Council; the Alaska and Anchorage bar associations; and the Nordic Ski Club of Anchorage. He has been an active supporter of the Young Lawyer Section of the Alaska Bar Association and served for a number of years as the race director of Race Judicata, an annual running event to raise funds and awareness for Anchorage Youth Court.

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