Agenda / Content Covered

10:00 am to 5:00 pm Eastern Standard Time

1. Choosing Between Revocable Living Trusts and Other Estate Planning Tools
   10:00 - 11:30, Stephen A. Lasky
   1. An overview of the basic estate planning options, an analysis of the strengths and weaknesses of each, general guidelines as to when to recommend each option to a client:
      1. Simple Wills
      2. Wills with Testamentary Trusts
      3. Beneficiary Designation Plans
      4. RLT
   2. What Works Better for Incapacity Planning?
   3. Maximizing Beneficiary Protection
   4. Drafting Tips and Key Clauses (with Sample Language)
2. Funding the Revocable Trust
   11:45 - 12:30, Stephen A. Lasky
   1. An overview of the ways in which to fund an RLT, an analysis of the strengths and weaknesses of each, general guidelines as to when to recommend each option to a client:
      1. A Present Transfer of Ownership of an Asset
      2. Designating the Trust as the Beneficiary of an Asset
      3. Naming a Trust as the Beneficiary of an Estate
      4. In Community Property States, Using a Properly Drafted Marital Agreement to Fund a Trust
   2. Issues Concerning Tax-Deferred Retirement Accounts (e.g., IRAs, 401(k)s, 403(b)s)
   3. Issues to Address When Conveying Real Estate into the Trust
   4. Tips for Handling Personal Property and Other Assets
3. Complying with Key Estate Transfer Laws
   1:00 - 1:45, John R. Bedosky
   1. Definition of "Estate"
   2. Federal Law
   3. Survey of State Laws
   4. Third Restatement of Trusts
   5. Uniform Principal and Income Act
4. Ethics in Estate Planning
   1:45 - 2:45, Katie Bindrup
   1. Who is Your Client? Representation of Spouses
   2. Attorney Fees
   3. Preventing Fraudulent Transfers
   4. Confidentiality Before and After Client's Death
5. Drafting Tips and Key Clauses (with Sample Language)
   3:00 - 4:00, John R. Bedosky
6. Common RLT Mistakes to Avoid
   4:00 - 5:00, Katie Bindrup

Accreditation Details:

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 is a frequent speaker on topics involving estate planning and estate administration. He has presented at continuing legal education seminars for the New York State Bar Association and the Minnesota State Continuing Legal Education Program. Mr. Bedosky has presented to the Minnesota Society of Certified Public Accountants (CPAs), the McGladrey & Pullen National Tax Conference, the Lutheran Brotherhood Annual Conference, and the Minnesota Planned Giving Conference. He was a speaker for a seminar series sponsored by the ATG Trust Company on planning and drafting for estate planners. Mr. Bedosky has also been a national seminar leader for Foxmoor Continuing Education and delivers full-day workshops on trust and estate income taxation. He 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.

KATIE BINDRUP is an attorney with the David Bindrup Law Firm PLLC, whose practice is focused in the areas of probate, trust administration, and guardianship. She has worked for a wide variety of legal practices, ranging from multi-billion dollar companies to law firms including Sedgwick LLP and Snell & Wilmer. What makes Ms. Bindrup unique from most estate planning and probate attorneys is her background in litigation and negotiation, which is invaluable when dealing with Nevada probate, trust administration, and trust litigation. She earned her B.A. degree from Brigham Young University; her paralegal certificate from Utah Valley University, where she graduated with honors; and her J.D. degree from Cooley Law School, where she was the class valedictory speaker.

STEPHEN A. LASKY is an attorney with the law firm of Moertl, Wilkins & Campbell, S.C. He focuses his practice in the areas of lifetime and estate planning, probate and trust administration, tax planning and preparation, and elder law. Mr. Lasky currently serves as the co-chair of the Elder Law Section of the Milwaukee Bar Association. He earned his J.D. degree from Marquette University Law School.