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

1. WHERE TO BEGIN? – AN OVERVIEW OF TRUSTS
   8:30 - 9:30, Nicholas Mayo
   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
   9:30 - 10:30, Nicholas Mayo
   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
   10:45 - 11:45, David K. Higgins
   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
   11:45 - 12:45, David K. Higgins
   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 - 2:35, Andrew L. Ellis
   1. Drafting Tips and Samples
   2. Taxation Considerations – When to File the Return?
   3. Administrative Power
6. ETHICAL CONSIDERATIONS
   2:35 - 3:35, David K. Higgins
   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
   3:50 - 4:40, Andrew L. Ellis
   1. The Types of Special Needs Trusts and Their Specific Purposes
   2. Who Can Be the Beneficiary
   3. Drafting Tips and Samples

ANDREW L. ELLIS is an attorney with Dinsmore & Shohl LLP. Mr. Ellis is a member of the firm's corporate department. His practice focuses on estate administration, estate planning, business planning, taxation and general litigation. Mr. Ellis is a member of The West Virginia State Bar (Probate Committee) and the Charleston Estate Planning Council. He earned his B.A. degree from West Virginia Wesleyan College, his LL.M. degree from the University of Denver and his J.D. degree from the University of Denver College of Law.

DAVID K. HIGGINS is an attorney with Robinson & McElwee PLLC. His practice involves state and federal tax litigation, state and federal securities law, asset protection, and creditor claims. Mr. Higgins also has extensive experience in wills and trusts, mergers and acquisitions, commercial financing, and general business law. He is a member of The West Virginia State Bar, The West Virginia Bar Association, Kanawha County Bar Association, Fayette County Bar Association and West Virginia Chamber of Commerce (Taxation of Business Committee). Mr. Higgins has been named a West Virginia SuperLawyers by Law & Politics Magazine in 2007. He earned his B.A. degree in German from Washington & Lee University and his J.D. degree from Washington and Lee University.

NICHOLAS MAYO is an attorney with Frazier & Oxley, L.C. Mr. Mayo's practice focuses on estate planning, estate administration, real estate, general corporate law, and federal and state taxation. He is a member of The West Virginia State Bar and the Greater Huntington Estate Planning Council. Mr. Mayo also serves as a commissioner with Volunteer West Virginia, West Virginia's Commission for National and Community Service. He earned a B.S. degree from the University of Alabama at Birmingham (UAB) and his J.D. degree from the Shepard Broad Law Center at Nova Southeastern University in Davie, Florida.

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