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. Estate Planning for the Disabled

Continuing Education Credits:   

* denotes specialty credits

1. WHERE TO BEGIN? – AN OVERVIEW OF TRUSTS
   8:30 - 9:15, Richard P. Schulze
   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
   9:15 - 10:15, Richard P. Schulze
   1. Joint Tenancy Vs. Wills 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
   10:30 - 11:30, Richard P. Schulze
   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
   11:30 - 12:30, Richard P. Schulze
   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
   1:30 - 2:30, Robert J. Fry
   1. Drafting Tips and Samples
   2. Taxation Considerations – When to File the Return?
   3. Administrative Powers
6. ETHICAL CONSIDERATIONS
   2:45 - 3:45, Robert J. Fry
   1. Who is Your Client?
   2. Confidentiality in Third Party Communications
   3. Assessing The Client's Capacity
   4. Avoiding Fraudulent Transfers
7. ESTATE PLANNING FOR THE DISABLED
   3:45 - 4:40, Robert J. Fry
   1. General Considerations
   2. The Types of Special Needs Trusts and Their Specific Purposes
   3. Who Can Be the Beneficiary
   4. Drafting Tips and Samples

ROBERT J. FRY is a partner in the law firm of Fry & Berning LLC, where he practices primarily in real estate, wills, trusts and estate planning, and probate. He is a frequent speaker on probate, estate planning and related topics. Mr. Fry earned his B.A. degree, with distinction, from the University of Nevada at Reno, and his J.D. and his LL.M. degrees from the University of the Pacific McGeorge School of Law. He is a member of the State Bar of Nevada, the Nevada Trial Lawyers Association, the State Bar of California, the American Bar Association and the Association of Trial Lawyers of America.

RICHARD P. SCHULZE is the sole shareholder in the Law Offices of Richard P. Schulze, P.C., and a principal in Asset Fortress Advisors, a full service wealth counseling firm, both in Reno, Nevada. Mr. Schulze's practice emphasizes estate planning, tax and business law, including business planning and business succession. He has lectured to the Nevada Society of CPAs and the National Network of Estate Planning Attorneys on tax and estate planning topics. Mr. Schulze is a member of the American Bar Association (Taxation and Real Property, Probate and Trusts, and Business Law sections), the Oregon State Bar and the State Bar of Nevada (Tax Law, Probate and Trust Law, and Business Law sections). He earned his B.A. degree from Reed College in Portland, Oregon, his M.B.A. degree in management from Atkinson Graduate School of Management at Willamette University and his J.D. degree from Willamette University College 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