Audio CD + Course Book

Estate Planning and Administration: The Complete Guide

Audio CD + Course Book

Copyright Date:

April, 2018

Product ID#:

78758CDRA

Audio + Course Book

Credit Information

Continuing education credit
is not available on this program.


  • For additional questions regarding
  • continuing education credits,
  • please contact us at 866-240-1890
  • or credit@nbi-sems.com
From Event: Estate Planning and Administration: The Complete Guide, held April 2018.

Program Description

Every client's estate is unique in its assets composition, family dynamics and future needs, but all are ruled by the same principles and are subject to the same tax and legal limitations. In this comprehensive legal guide, experienced attorney faculty will guide you through the process of estate planning and administration and show you how to select the best trust instruments and wield them skillfully to avoid mistakes at probate. They will also teach you how to properly administer the estate and tackle potential mistakes of improperly drafted documents, changed circumstances and newly arising conflicts. Become fully prepared to protect your client's legacies - order today!

Course Content

DAY 1: ESTATE PLANNING AND TRUST BASICS

  1. Key Laws and Client Intake/Goal Setting
  2. Testamentary Documents - Drafting Do's and Don'ts
  3. Common Trust Structures and When They're Used
  4. Transfers During Life and Inter-Vivos Trusts
  5. Planning for Long-Term Care and End-of-Life Decisions
  6. Tax Consequences of Trusts

DAY 2: PROBATE AND ESTATE ADMINISTRATION

  1. Probate Process Overview
  2. Post-Mortem Tax Planning Options
  3. Marshalling Assets and Dealing with Creditors
  4. Legal Ethics in Estate Practice
  5. Trust Administration and Termination Basics
  6. Closing the Estate

Continuing Education Credit

Continuing education credit is not available at this time.
For additional questions regarding continuing education credits please contact us at 866-240-1890 or credit@nbi-sems.com.

Agenda / Content Covered

DAY 1: ESTATE PLANNING AND TRUST BASICS

  1. Key Laws and Client Intake/Goal Setting
    9:00 - 9:45, Rose S. Sher
    1. Laws Governing the Estate Practice
    2. Current Federal Tax Regime
    3. Relevant State Taxes
    4. Reasons for Setting Up Trusts
    5. Client Meetings and Customizing Client Intake Forms
  2. Testamentary Documents - Drafting Do's and Don'ts
    9:45 - 10:45, Ronald W. Morrison Jr.
    1. Wills vs. Trusts
    2. Testamentary Trust vs. Inter-Vivos Trust with a Pour-Over Will
    3. Designating Fiduciaries
    4. Recording Assets - Checklist
    5. Sample Will Review
  3. Common Trust Structures and When They're Used
    11:00 - 11:45, William J. Dutel
  4. Transfers During Life and Inter-Vivos Trusts
    11:45 - 12:45, Elsbet C. Smith
    1. Beneficiary Designations
    2. Titling Assets
    3. Gifting Approaches
    4. Tax Effects of Asset Transfers During Life
    5. Top Creditor Protection Approaches
    6. Planning for Real Estate
    7. Types and Functions of Common Living Trusts
  5. Planning for Long-Term Care and End-of-Life Decisions
    1:45 - 3:15, Steven M. Jankower
    1. Financial Powers of Attorney
    2. Advance Medical Directives
    3. Planning for Retirement and Estate Planning
    4. Long-Term Care Placement Options
    5. Funding Long-Term Care
    6. Medicaid Planning and Estate Recovery
      1. The Lookback Rules and the Penalty Period
      2. Exempt vs. Non-Exempt Assets
      3. Outright Gifts vs. Gifts Into Trust
    7. Special Needs Planning
  6. Tax Consequences of Trusts
    3:30 - 4:30, Skip Lloyd

DAY 2: PROBATE AND ESTATE ADMINISTRATION

  1. Probate Process Overview
    9:00 - 10:00, Danielle Clark Davenport
    1. Crucial Due Dates Timeline
    2. Community Property Law in Estate Administration
    3. Intestacy Rules
    4. Executor's Duties and Powers
    5. Administration Process Checklist
  2. Post-Mortem Tax Planning Options
    10:15 - 11:15, Skip Lloyd
  3. Marshalling Assets and Dealing with Creditors
    11:15 - 12:15, William J. Dutel
    1. Dealing with Creditors: Notices, Apportionment
    2. Solving Liquidity Problems
    3. Claiming Portability Election
  4. Legal Ethics in Estate Practice
    1:15 - 2:15, Danielle Clark Davenport
    1. Who is Your Client?
    2. Testamentary Capacity
    3. Protecting Confidentiality
    4. Attorney Fees
  5. Trust Administration and Termination Basics
    2:15 - 3:15, Gregory S. LaCour
  6. Closing the Estate
    3:30 - 4:30, Gregory S. Marsiglia
    1. Final Accounting
    2. Final Tax Returns
    3. Final Beneficiary Distributions

DANIELLE CLARK DAVENPORT is an attorney at her law firm Danielle Clark Davenport, Attorney at Law, in Gretna, Louisiana, where she practices in the areas of estate planning, child custody and divorce law. Ms. Davenport has served as a research assistant, student intern for the Louisiana First Circuit Court of Appeal, student representative for Thomson West, law clerk for the Louisiana Department of Natural Resources and Criminal Justice Committee clerk for the Louisiana House of Representatives. She earned her B.A. degree from the University of New Orleans and her J.D. degree from Southern University Law Center.

WILLIAM J. DUTEL is the owner and managing attorney of Dutel Law Firm. He focuses his practice in estate planning, wills, trusts and successions, as well as will, succession and trust litigation. He also represents businesses, their owners and handles business litigation. Mr. Dutel has more than 40 years of experience in estate planning, successions and trusts as well as related litigation. He lectures to various groups on estate planning, wills, successions and trusts and related litigation. He has averaged presentations at two to four programs a year over the last 15 years. Mr. Dutel is a member of the 22nd Judicial District Court Bar Association, 22nd Judicial District Inns of Court, Louisiana State Bar Association, Kentucky State Bar Association and the American Bar Association. He is admitted to practice in Louisiana and Kentucky. Mr. Dutel earned his B.S. degree from the University of New Orleans in accounting and his J.D. degree from Tulane University School of Law.

STEVEN M. JANKOWER has practiced law in Lafayette, Louisiana, for more than 33 years. He is the father of a child with special needs and has focused much of his practice on the handling of estate planning issues involving individuals with disabilities. Mr. Jankower currently serves as the president of the Board of Directors of LARC and is a past president of the organization. He is a member of the National Association of Elder Law Attorneys. Mr. Jankower has written several articles on the subject of estate planning for individuals with disabilities through the use of special needs trusts. He is the author of a regular newsletter on Medicaid planning issues. Mr. Jankower earned his undergraduate degree from the University of Southwestern Louisiana and his J.D. degree from the Louisiana State University Law Center.

GREGORY S. LaCOUR is a partner with the law firm of Blue Williams, LLP. He specializes in fiduciary litigation and corporate governance. Mr. LaCour draws from over 21 years of litigation experience as he provides advice both to fiduciaries and to business owners. His other practice areas include estate planning, business succession planning, corporate acquisitions, sales and mergers, and contractual drafting and negotiations. He has extensive litigation and trial experience in both state and federal courts. Mr. LaCour earned his undergraduate degree from the University of Virginia and his J.D. degree from the Paul M. Herbert Law Center at Louisiana State University.

SKIP LLOYD, CPA, CGMA, is a senior tax manager with Carr, Riggs & Ingram, LLC, in their Mandeville, Louisiana office. For over 41 years he has practice in the area of income tax, and estate and gift tax planning for closely held companies and their owners. His practice has been concentrated with professionals such as doctors, dentists, engineers, and attorneys; and in the field of agriculture and aquaculture. Mr. Lloyd has extensive experience dealing with IRS audits of income, estate and gift tax returns. He concentrates on large LLCs taxed as partnerships. Mr. Lloyd is a member of the American Institute of Certified Public Accounts. He earned his B.B.A. degree in accounting at The University of Mississippi.

GREGORY S. MARSIGLIA is an attorney with the New Orleans firm of Lowe, Stein, Hoffman, Allweiss & Hauver, L.L.P., practicing in the areas of banking and finance law, bankruptcy law, business and commercial law, business organizations, probate, estate planning and administration, insurance law, complex litigation, state trial practice, personal injury, real estate law, and land use and zoning. He is admitted to practice in Louisiana and the U.S. District Court. Mr. Marsiglia received his B.A. degree, in economics, from Tulane University and his J.D. degree from Tulane Law School.

RONALD W. MORRISON JR. is a board certified estate planning law specialist as certified by the Louisiana Board of Legal Specialization and is a partner in the Metairie law firm of Morrison & Morrison, PLC. Mr. Morrison's estate planning practice includes wills, living wills, and powers of attorney; successions; succession, trust and fiduciary litigation; special needs trusts; Louisiana Veterans Administration planning; elder law; and business planning and litigation. He is a member of the Louisiana State Bar Association, the Jefferson Bar Association and the New Orleans Estate Planning Council. Mr. Morrison has given numerous presentations on elder law, Medicaid, business and estate planning topics to attorneys, CPA's, financial advisors, certified financial planners, and insurance agents. He earned his B.S. degree from the University of New Orleans and his J.D. degree, cum laude, from Southern University Law Center.

ROSE S. SHER is an attorney in the law firm of Sessions, Fishman, Nathan & Israel, L.L.C., where she practices primarily in the areas of estate planning, estate administration, elder law and special needs planning. Prior to joining the firm, Ms. Sher served for two years as a law clerk to the Honorable Brian A. Jackson, chief judge of the U.S. District Court for the Middle District of Louisiana. Ms. Sher is the co-chair of the New Orleans Bar Association's Wills, Trusts and Successions Committee, and she is a member of the New Orleans Estate Planning Council, the Association for Women Attorneys, the American Bar Association and the Louisiana State Bar Association. She earned her undergraduate degree, cum laude, from the University of Southern California and her Juris Doctor, cum laude, from Tulane Law School.

ELSBET C. SMITH is an attorney in the law firm of Chehardy, Sherman, Williams, Murray, Recile, Stakelum & Hayes, LLP. Since 2007, Ms. Smith’s practice focuses primarily on estate planning, including wills and trusts, as well as successions. She also handles business and commercial law matters, ranging from entity formation and organization to contract negotiations to real estate transactions. Ms. Smith currently serves as chair-elect of the Greater Hammond Chamber of Commerce and as secretary of the Louisiana Children’s Discovery Center. She also serves on the Board of Directors of the Tangipahoa Economic Development Foundation. Ms. Smith is a member of the Louisiana State Bar Association, the Twenty-First Judicial District Bar Association, and the Northshore Estate Planning Council. She earned her B.A. degree, summa cum laude, at Sweet Briar College and her J.D. degree and Bachelor of Civil Law at the Paul M. Hebert Law Center at Louisiana State University.

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

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