Effective use of the right type of trust can save on taxes, clarify intent, organize transfer of assets, and simplify estate administration. Picking the wrong one or drafting it incorrectly just creates more work and confusion. This foundational guide to trusts offers essential knowledge you'll need to make the right decisions and draft better trusts. Register today!
Explore the best uses of special purpose irrevocable trusts.
Compare wills, revocable trusts, and irrevocable trusts.
Learn the essential trust tax planning and reporting approaches.
Keep your daily practices beyond reproach with a tailored legal ethics guide.
Understand what happens (and what should be done) when the trust becomes irrevocable.
Revocable vs. Irrevocable: Pros and Cons and Common Uses
John R. Bedosky is of counsel to Hinman, Howard & Kattell, LLP, active in its estate planning practice group, and is a senior consultant with The Lustig Group, LLC. He has extensive experience representing individual and business clients in a variety of estate planning matters, including business succession planning; family wealth accumulation, preservation and transfer planning; estate and trust administration; fiduciary litigation; and related taxation matters. Mr. Bedosky has been an adjunct professor of law at the University of Minnesota Law School, the University of St. Thomas, and William Mitchell College of Law; an adjunct business taxation professor at the University of Minnesota’s Carlson School of Management; and a visiting professor of law at William Mitchell College of Law. He earned his B.S. degree, magna cum laude, from Villanova University, and his J.D. degree, magna cum laude, Syracuse Law Review, from Syracuse University College of Law. Mr. Bedosky earned his L.L.M. (estate planning) from the University of Miami School of Law.
Leslie E. Levin is special counsel to the firm Cuddy & Feder LLP, in White Plains, New York, where she practices in estate planning, probate, estate and trust administration, gift and generation-skipping tax transfer planning, asset protection, IRA distribution planning, not-for-profit organizations, charitable planning, special needs and disability planning, Medicaid planning, and elder law. Ms. Levin earned her B.A. degree, summa cum laude, high honors, from Brandeis University and her J.D. degree from the University of Pennsylvania Law School. She is admitted to practice in both New York and Connecticut.
Leslie A. Share is a shareholder in Packman, Neuwahl & Rosenberg P.A., specializing in the areas of domestic and international tax, estate, and wealth preservation planning. Mr. Share has advised clients in numerous and diverse areas such as Broadway theatrical productions, domestic and foreign real estate like-kind exchanges, Internet sales, services and licensing tax planning, advanced domestic and foreign wealth preservation techniques, U.S. tax treaties, Internal Revenue Service examinations, and voluntary compliance programs and preferred structures for inbound and outbound business and investment planning. He has written for publications such as Checkpoint Catalyst, The Florida Bar Journal, Asset Protection Journal, Estate Planning,Entertainment Law & Finance, the University of Florida Law Review, and an American Bar Association book entitled Foreign Investment in U.S. Real Estate-A Comprehensive Guide. He is currently a guest lecturer at the University of Miami Law School Graduate Program in taxation. He earned his B.A. degree from Northwestern University; his J.D. degree, with honors, from the University of Florida; and his Master of Laws degree in taxation from New York University.
Travis R. Weaver is a partner with the Weaver Firm, where he offers his clients and their families deep legal knowledge and strong personal commitment to helping them obtain nursing home benefits, protect assets through a will, claim ownership of inherited property or cash, and negotiate business transactions. Mr. Weaver is a member of the National Academy of Elder Law, the State Bar of Texas, the Tarrant County Bar Association, the Tarrant County Probate Bar Association, the Denton County Bar Association, and the Wise County Bar Association. He earned his B.A degree from Texas A & M University, his M.B.A. degree from Texas Tech University, and his J.D degree from Texas Tech University School of Law.
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