Live Seminar

Drafting Effective Wills and Trusts

Seminar

Date:

Thursday, March 15, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78289ER

Location:

Millennium Maxwell House Hotel

2025 Rosa L. Parks Blvd.

Nashville, TN 37228

$349.00

$339 / Each Additional

$329 / New Professional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • TN CLE - 6.00

CPE for Accountants

  • CPE for Accountants/NASBA - 7.00

Other

  • Financial Planners - 7.00
  • IACET - 0.60
  • NALA - 6.00
  • NFPA
  • PACE - 7.00

Program Description

Help Your Clients Meet Their Estate Planning Needs

Do you have a clear understanding of the basic tax issues, medical decisions, and planning documents that can complicate the estate planning and probate processes? Are you prepared to answer your clients' tough questions about planning for final wishes? Attend this seminar to gain insight into the fundamentals of preparing estate planning documents, including wills, trusts, and ancillary documents. Discover the pros and cons of using various types of documents, as well as the tax ramifications involved. Register today!

  • Choose the planning document that is best suited for your client.
  • Provide protection for minors, incompetent persons, and beneficiaries with special needs.
  • Learn how and when to use revocable living trust, pour-over wills, and durable powers of attorney.
  • Reduce your clients' future tax burdens.
  • Use a living will or durable power of attorney for health care to help the client control end-of-life medical decisions.
  • Handle ethical issues that arise in estate planning, such as competency of the client and conflicts of interest.

Who Should Attend

This basic level seminar will provide fundamentals of drafting wills and trusts for:

  • Attorneys
  • Paralegals
  • Trust Officers
  • Accountants
  • Tax Professionals

Course Content

  1. Fundamental Principles of Will Drafting
  2. Using Living Trusts and Powers of Attorney as Estate Planning Tools
  3. Basic Tax Considerations - What You Need to Know in Order to Choose the Appropriate Plan
  4. Ethics and Estate Planning
  5. Planning Methods to Control Medical Treatment

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

Financial Planners – Financial Planners: 7.00

International Association for Continuing Education Training – IACET: 0.60

National Association of Legal Assistants, Inc. – NALA: 6.00 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 7.00 *

National Federation of Paralegal Associations, Inc. – NFPA

Professional Achievement in Continuing Education – PACE: 7.00 *


* denotes specialty credits

Agenda / Content Covered

  1. FUNDAMENTAL PRINCIPLES OF WILL DRAFTING
    9:00 - 10:30, David E. Heller
    1. Selecting the Vehicle - Initial Advice to the Client
    2. Checklist for Gathering Client Information
    3. The Statutory ABCs: What is Required?
    4. Methods of Designating Fiduciaries
    5. Disinheritance and No Contest Clauses - Will They Stand?
    6. Protective Clauses for Minors, Incompetent Persons and Beneficiaries With Special Needs
    7. Building Flexibility Into the Plan - Checklist of Special Provisions
    8. Practical Pointers With Sample Forms
    9. Developing a Document Preparation System
  2. USING LIVING TRUSTS AND POWERS OF ATTORNEY AS ESTATE PLANNING TOOLS
    10:45 - 12:00, David E. Heller
    1. Common Elements in Trust Agreements
    2. The Revocable Living Trust - Why You Should Use It
    3. Disadvantages of Revocable Living Trusts
    4. Sample Pour-Over Will and Living Trust Agreements
    5. Durable Powers of Attorney
  3. BASIC TAX CONSIDERATIONS - WHAT YOU NEED TO KNOW IN ORDER TO CHOOSE THE APPROPRIATE PLAN
    1:00 - 2:15, David B. Parsons
    1. Tax Considerations of Drafting Living or Testamentary Trusts
    2. Marital Deduction Planning - Qualifications and Basic Formula Approaches
    3. Estate and Gift Taxes
    4. Generation-Skipping Transfer Taxes
    5. Income Tax - Ramifications of Trusts
  4. ETHICS AND ESTATE PLANNING
    2:15 - 3:15, Karl D. Warden
    1. Selected Ethical Rules Affecting the Estate Planner
    2. Who's Your Client? Conflict of Interest
    3. Competency - A Word to the Wise
    4. Practice Before the IRS
    5. Attorney Fees
  5. PLANNING METHODS TO CONTROL MEDICAL TREATMENT
    3:30 - 4:30, Karl D. Warden
    1. What a Living Will Can and Cannot Accomplish
    2. Picking Up Where a Living Will Ends - Durable Powers of Attorney for Health Care/Health Care Proxy
    3. Preserving Your Client's Dignity Through the Patient Self-Determination Act
    4. Anatomical Gifts - Making the Difficult Decisions During Life and Upon Death

DAVID E. HELLER is an attorney with the Nashville law firm of Martin, Heller, Potempa & Sheppard, PLLC, where he concentrates his practice in the areas of estate planning and probate, including asset protection planning for high-net-worth individuals, business succession planning, charitable planning, and generation skipping planning. Mr. Heller focuses on a comprehensive wealth preservation program which allows the family to preserve its wealth from taxes, creditors and others outside the designated family unit. He advises clients on how to integrate business interests along with executive compensation packages into the family's overall wealth preservation strategy. Mr. Heller has written extensively on these and other topics and has presented his work at many seminars and CLE presentations. He serves on several boards and committees of nonprofit organizations in the Nashville area, and he is a member of the Tennessee and Nashville bar associations. Mr. Heller earned his B.S. degree from Carnegie-Mellon University, his J.D. degree from Widener University School of Law and his LL.M. degree in tax law from Georgetown University Law Center.

DAVID B. PARSONS is a solo practitioner in Nashville, where his work includes tax planning (individual, corporate, and estate) and business transactions, including mergers and acquisitions. In addition to practicing law for more than 30 years, Mr. Parsons is a certified public accountant in the state of Tennessee. He is a frequent speaker on tax and estate planning topics for a wide variety of groups. He is a member of the Tennessee, Nashville, North Carolina, and American bar associations, as well as the District of Columbia Bar. Mr. Parsons earned his A.B. degree from Duke University and his J.D. degree from the University of Chicago.

KARL D. WARDEN is a sole practitioner in Nashville, where he practices in the areas of elder law, estate planning, business law, business litigation and civil law. He has been practicing law for more than 30 years, and has lectured for professional groups on matters related to estate planning and elder law. Mr. Warden is admitted to practice in Tennessee. He earned his B.A. degree from Vanderbilt University, his J.D. degree from West Virginia University and his LL.M. degree from George Washington University. Mr. Warden is a member of the Nashville Bar Association, a recipient of the CLE Excellence Award and a fellow of the Nashville Bar Foundation.

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

Accreditation Details:

Continuing Legal Education

TN CLE: 6.00 Includes - Ethics: 1.00
This course has been approved by the Tennessee Commission on Continuing Legal Education for a maximum of 6.0 hours of credit, including 1.0 hour of ethics.


Financial Planners

N CF: 7.00
This program has been accepted by the Certified Financial Planner Board of Standards Inc. and qualifies for 7.0 hours of CE credit for CFP® Certificants. The Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) and CFP® (with flame design) in the US, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Upon completion of this course, attendee will be able to: 1. Determine whether a will or trust adheres to statutory requirements. 2. List at least three uses of living trusts and powers of attorney in estate planning. 3. Calculate the impact of estate, gift and generation-skipping transfer taxes on bequests. 4. Distinguish between ethical and unethical practices. 5. Describe the choices involved with planning methods for controlling medical treatment.

International Association for Continuing Education Training

N IACET: 0.60
NBI, Inc. is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. NBI, Inc. is authorized by IACET to offer 0.6 CEUs for this program. At the end of the program, participants must complete a self-assessment in order to receive credit. 100% attendance is required. (Provider #1004558)

Upon completion of this course, attendee will be able to: 1. Determine whether a will or trust adheres to statutory requirements. 2. List at least three uses of living trusts and powers of attorney in estate planning. 3. Calculate the impact of estate, gift and generation-skipping transfer taxes on bequests. 4. Distinguish between ethical and unethical practices. 5. Describe the choices involved with planning methods for controlling medical treatment.

National Association of Legal Assistants, Inc.

N LA: 6.00 Includes - Ethics: 1.00
This seminar meets the requirements of the Certifying Board for Legal Assistants of the National Association of Legal Assistants, Inc., for 6.0 hours, including 1.0 ethics, of continuing legal assistant education credit required to maintain the CLA (Certified Legal Assistant) credential.


National Association of State Boards of Accountancy

N NAS: 7.00 Includes - Regulatory Ethics: 1.00, Specialized Knowledge: 3.00, Taxes: 3.00
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This program is designed to qualify for 7.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic level program presented in a group live setting. No advanced preparation or prerequisites are required. This course will: - Present ways to choose the planning document that is best suited for the client - Describe how to provide protection for minors, incompetent persons, and beneficiaries with special needs - Discuss how to handle ethical issues that arise in estate planning, such as competency of the client and conflicts of interest No advanced preparation or prerequisites are required. Field(s) of Study -- Specialized Knowledge; Regulatory Ethics; Taxes.

National Federation of Paralegal Associations, Inc.

N PAR:
NBI, Inc. is a NFPA approved CLE provider.


Professional Achievement in Continuing Education

N PACE: 7.00 Includes - Chartered Advisor for Senior Living: 7.00, Chartered Financial Consultant: 7.00, Chartered Life Underwriter: 7.00, Registered Health Underwriter: 7.00
This seminar qualifies for 7.0 PACE (Professional Achievement in Continuing Education) credit hours for CLU, RHU, CASL and/or ChFC.


Can't Attend?
Purchase the Recording.

Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702