People don't like to contemplate their own deaths, but they do need to consider what will happen to their assets when they die. Tax issues, medical decisions, and a wide range of planning documents make the process even more complicated. But you can give your clients peace of mind by creating effective wills and trusts that carry out all of their wishes.

Order today to learn the fundamentals of preparing estate planning documents, including wills, trusts, and ancillary documents such as powers of attorney. Discover the pros and cons of using various types of documents, as well as the tax ramifications involved. Tackle the ethical issues related to estate planning, both from the attorney's perspective and from that of the client who must make end-of-life medical decisions. Have the skills and information you need right at your fingertips!

1. Fundamental Principles of Will Drafting
2. Using Living Trusts and Powers of Attorney as Estate Planning Tools
3. Basic Tax Considerations - What You Need to Know in Order to Choose the Appropriate Plan
4. Ethics and Estate Planning
5. Planning Methods to Control Medical Treatment

Continuing Education Credits:   

* denotes specialty credits

1. FUNDAMENTAL PRINCIPLES OF WILL DRAFTING
   9:00 - 10:15, Barry K. Jones
   1. Selecting the Vehicle - Initial Advice to the Client
   2. Checklist for Gathering Client Information
   3. The Statutory ABCs: What is Required?
   4. Methods of Designating Fiduciaries
   5. Disinheritance and No Contest Clauses - Will They Stand?
   6. Protective Clauses for Minors, Incompetent Persons and Beneficiaries With Special Needs
   7. Building Flexibility Into the Plan - Checklist of Special Provisions
   8. Practical Pointers With Sample Forms
   9. Developing a Document Preparation System
2. USING LIVING TRUSTS AND POWERS OF ATTORNEY AS ESTATE PLANNING TOOLS
   10:30 - 11:45, Barry K. Jones
   1. Common Elements in Trust Agreements
   2. The Revocable Living Trust - Why You Should Use It
   3. Disadvantages of Revocable Living Trusts
   4. Sample Pour-Over Will and Living Trust Agreements
   5. Durable Powers of Attorney
3. BASIC TAX CONSIDERATIONS - WHAT YOU NEED TO KNOW IN ORDER TO CHOOSE THE APPROPRIATE PLAN
   12:45 - 2:00, Barry K. Jones
   1. Tax Considerations of Drafting Living or Testamentary Trusts
   2. Marital Deduction Planning - Qualifications and Basic Formula Approaches
   3. Estate and Gift Taxes
   4. Generation-Skipping Transfer Taxes
   5. Income Tax - Ramifications of Trusts
4. ETHICS AND ESTATE PLANNING
   2:00 - 3:00, Richard H. Young
   1. Selected Ethical Rules Affecting the Estate Planner
   2. Who's Your Client? Conflict of Interest
   3. Competency - A Word to the Wise
   4. Practice Before the IRS
   5. Attorney Fees
5. PLANNING METHODS TO CONTROL MEDICAL TREATMENT
   3:15 - 4:30, Richard H. Young
   1. What a Living Will Can and Cannot Accomplish
   2. Picking Up Where a Living Will Ends - Durable Powers of Attorney for Health Care/Health Care Proxy
   3. Preserving Your Client's Dignity Through the Patient Self-Determination Act
   4. Anatomical Gifts - Making the Difficult Decisions During Life and Upon Death

BARRY K. JONES is a shareholder in the Jackson law firm of Wise Carter Child & Caraway, P.A., where he practices in the areas of state and federal taxation, estate planning, estate administration and elder law. He also is a certified public accountant. Mr. Jones is a frequent speaker to professional, civic and academic groups on taxation, estate planning, estate administration and elder law topics. He is a member of a number of professional organizations, including the American (Taxation and Real Property, Probate and Trust Law sections) and Tennessee (Taxation, and Probate and Trust Law sections) bar associations; The Mississippi Bar (Taxation, and Estate and Trust sections); and the State Bar of Georgia (Taxation, Fiduciary Law and Elder Law sections). Mr. Jones also is a member of the Estate Planning Council of Mississippi, the National Academy of Elder Law Attorneys, the American Association of Attorneys-Certified Public Accountants, the American Institute of Certified Public Accountants (Personal Financial Planning Section) and the Mississippi Society of Certified Public Accountants. He previously served on the national Board of Directors of the 29,000-member Financial Planning Association and is a member of the Mississippi Chapter of FPA. Mr. Jones is a graduate of the University of Southern Mississippi, and earned his J.D. and LL.M. degrees from Emory University School of Law.

RICHARD H. YOUNG engaged a general practice of law until the mid 1990's when he began to develop an elder law practice. Sensing a need for representation for seniors, his practice moved to the preparation of wills, trusts, powers of attorney, living wills and probating estates. In 2005, the law firm was renamed The Elder Law Firm of Mississippi, LLC and additional services for the elderly were added, including Medicaid planning. Mr. Young speaks frequently concerning elder law issues to various nonprofit and professional groups. He is a member of The Mississippi Bar, the Northern and Southern Federal Circuit District of Mississippi, the Hinds and Rankin County Bar Association, the National Academy of Elder Lawyers Attorneys (NAELA) and a former member of the Mississippi Trial Lawyers Association. Mr. Young earned his B.S. degree from the University of Southern Mississippi and his J.D. degree from Mississippi College School of Law.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com