Drafting Effective Wills and Trusts
Thursday, March 15, 2018
9:00 AM - 4:30 PM
Millennium Maxwell House Hotel
2025 Rosa L. Parks Blvd.
Nashville, TN 37228
$339 / Each Additional
$329 / New Professional
Registration Includes Course Book
Continuing Legal Education
- TN CLE - 6.00
CPE for Accountants
- CPE for Accountants/NASBA - 7.00
- Financial Planners - 7.00
- IACET - 0.60
- NALA - 6.00
- PACE - 7.00
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:
- Trust Officers
- Tax Professionals
- Fundamental Principles of Will Drafting
- Using Living Trusts and Powers of Attorney as Estate Planning Tools
- Basic Tax Considerations - What You Need to Know in Order to Choose the Appropriate Plan
- Ethics and Estate Planning
- 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
- FUNDAMENTAL PRINCIPLES OF WILL DRAFTING
9:00 - 10:30, David E. Heller
- Selecting the Vehicle - Initial Advice to the Client
- Checklist for Gathering Client Information
- The Statutory ABCs: What is Required?
- Methods of Designating Fiduciaries
- Disinheritance and No Contest Clauses - Will They Stand?
- Protective Clauses for Minors, Incompetent Persons and Beneficiaries With Special Needs
- Building Flexibility Into the Plan - Checklist of Special Provisions
- Practical Pointers With Sample Forms
- Developing a Document Preparation System
- USING LIVING TRUSTS AND POWERS OF ATTORNEY AS ESTATE PLANNING TOOLS
10:45 - 12:00, David E. Heller
- Common Elements in Trust Agreements
- The Revocable Living Trust - Why You Should Use It
- Disadvantages of Revocable Living Trusts
- Sample Pour-Over Will and Living Trust Agreements
- Durable Powers of Attorney
- BASIC TAX CONSIDERATIONS - WHAT YOU NEED TO KNOW IN ORDER TO CHOOSE THE APPROPRIATE PLAN
1:00 - 2:15, David B. Parsons
- Tax Considerations of Drafting Living or Testamentary Trusts
- Marital Deduction Planning - Qualifications and Basic Formula Approaches
- Estate and Gift Taxes
- Generation-Skipping Transfer Taxes
- Income Tax - Ramifications of Trusts
- ETHICS AND ESTATE PLANNING
2:15 - 3:15, Karl D. Warden
- Selected Ethical Rules Affecting the Estate Planner
- Who's Your Client? Conflict of Interest
- Competency - A Word to the Wise
- Practice Before the IRS
- Attorney Fees
- PLANNING METHODS TO CONTROL MEDICAL TREATMENT
3:30 - 4:30, Karl D. Warden
- What a Living Will Can and Cannot Accomplish
- Picking Up Where a Living Will Ends - Durable Powers of Attorney for Health Care/Health Care Proxy
- Preserving Your Client's Dignity Through the Patient Self-Determination Act
- 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:
Continuing Legal Education
International Association for Continuing Education Training
National Association of Legal Assistants, Inc.
National Association of State Boards of Accountancy
National Federation of Paralegal Associations, Inc.
Professional Achievement in Continuing Education