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. Where to Begin – An Overview of Trusts
2. Revocable Living Trusts
3. Irrevocable Life Insurance Trusts
4. Trusts Used for Tax Reduction
5. Grantor Trusts
6. Ethical Considerations
7. Trust Litigation

1. WHERE TO BEGIN? – AN OVERVIEW OF TRUSTS
   8:30 - 9:45, Jay P. Goodman
   1. Main Terms Defined
   2. Major Laws Governing Creation and Administration of Trusts
   3. Who Are the Main Parties? Their Duties and Responsibilities to a Trust
   4. Revocable vs. Irrevocable
   5. Determining Your Client's Planning Needs
2. REVOCABLE LIVING TRUSTS
   10:00 - 11:15, Jay P. Goodman
   1. Traditional Estate Planning vs. Revocable Trust Planning
   2. Credit Shelter Trusts
   3. Marital Deduction Trusts
   4. Qualified Terminable Interest Trusts (QTIPs)
   5. Drafting Tips and Samples
   6. Common Mistakes to Avoid
3. IRREVOCABLE LIFE INSURANCE TRUSTS
   11:15 - 12:15, Vickie R. Wilcox
   1. Types of Irrevocable Trusts and Purposes They Serve
   2. Drafting Tips and Samples
   3. Common Pitfalls to Avoid
   4. The Role of Independent Fiduciary
   5. Challenge of Trust as a Separate Taxpayer and Associated Costs
4. TRUSTS USED FOR TAX REDUCTION
   1:15 - 1:45, Stevan J. Schoen
   1. Charitable Remainder Trusts
   2. Qualified Domestic Trusts
   3. Qualified Personal Residence Trusts (QPRTs)
   4. Defective Trusts
   5. Education Trusts for Children and Grandchildren
   6. Generation Skipping Trusts
5. GRANTOR TRUSTS
   1:45 - 2:15, Stevan J. Schoen
   1. Drafting Tips and Samples
   2. Taxation Considerations – When to File the Return?
   3. Administrative Power
6. ETHICAL CONSIDERATIONS
   2:30 - 3:30, Vickie R. Wilcox
   1. Who is Your Client?
   2. Confidentiality in Third Party Communications
   3. Assessing The Client's Capacity
   4. Avoiding Fraudulent Transfers
7. TRUST LITIGATION
   3:30 - 4:40, Stevan J. Schoen

JAY P. GOODMAN is the principal shareholder of Jay Goodman and Associates Law Firm, P.C., in Santa Fe. He has been an attorney for more than 21 years and practices in the areas of estate planning, probate, collaborative practice, family law and elder law. Mr. Goodman has lectured on areas related to his practice for the AARP and the State Bar of New Mexico. He earned his B.S. degree from the University of Michigan and his J.D. degree from Capital University School of Law. Mr. Goodman is a member of the State Bar of New Mexico, the Santa Fe Estate Planning Council, the Academy of Collaborative Professionals International, and the Oliver Seth Inn of Court. He also is vice president of the New Mexico Collaborative Practice Group and state delegate for the Business Law Section of the American Bar Association.

STEVAN J. SCHOEN is a sole practitioner in San Doval County where he has a general business practice emphasizing real estate and probate law. He earned his B.S. degree from the Wharton School, University of Pennsylvania, his J.D. degree from the Cornell Law School and his master's degree in international law from Cambridge University. Mr. Schoen is a past chairman of the Real Property, Probate and Trust Section of the State Bar of New Mexico. He is a past chairman of The New Mexico Probate Judges Association and served as Probate Judge for Sandoval County, New Mexico from 1991 to 1998. He is a past chairman of the New Mexico Supreme Court Committee on forms for the Probate Court, past chairman of the Senior Lawyers Section of the State Bar of New Mexico and the former co-chair of the New Mexico State Bar's Committee on Bench and Bar Relations.

VICKIE R. WILCOX is an attorney in Albuquerque, New Mexico, where she practices in the areas of estate planning, tax law, probate, estate and trust administration, charitable giving, guardianships and conservatorships, and business planning. She has lectured to brokers, attorneys, accountants and others on estate planning, charitable giving, planning related to qualified retirement benefits, and legal ethics. Ms. Wilcox is listed in The Best Lawyers in America in the category of tax law and in the category of trusts and estates law. She also has been honored by the Albuquerque Community Foundation, receiving the "Excellence in Charitable Gift Planning" award. Ms. Wilcox serves on the board of trustees for the Albuquerque Community Foundation, and is chairing the Professional Advisor Group. She also is on the board of the New Mexico Chapters of the Society of Financial Service Professionals and the Financial Planning Association. Ms. Wilcox earned her B.A. degree, cum laude, from George Washington University and her LL.M. degree from New York University. She attended the University of New Mexico School of Law, where she was a published author in the New Mexico Law Review. While at the University of New Mexico School of Law, she also earned honors in clinical practice and in the study of legal and judicial ethics.

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