Audio CD + Course Book

Estate Planning from A to Z

Audio CD + Course Book

Copyright Date:

March, 2018

Product ID#:

78285CDRA

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 from A to Z, held March 2018.

Program Description

Do you have all the knowledge and skills you need to draft tailored testamentary documents and minimize tax burdens for each of your clients? This comprehensive course will become your ultimate guide to estate planning. From client intake through tax planning and business succession strategies, you will receive tips, sample forms and answers to your most pressing questions to help you excel. Get the latest knowledge on effective will and trust planning techniques - order today!

Course Content

DAY 1

  1. Client Screening and Intake
  2. Key Elements of Effective Wills
  3. Basic Tax Planning
  4. Documenting Long-Term Care, Incapacity and End-of-Life Decisions
  5. Planning for Unmarried and Remarried Couples
  6. Estate Planning for Small Businesses

DAY 2

  1. Trusts 101
  2. Who is the Fiduciary?
  3. Revocable Living Trusts
  4. Trusts Used for Tax Reduction - Drafting Tips and Samples
  5. Grantor Trusts
  6. Ethical Considerations

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

  1. CLIENT SCREENING AND INTAKE
    9:00 - 10:00, Eileen Hadfield
    1. Clarifying Goals and Forecasting Needs
    2. Assessing Current and Future Assets and Debts
    3. Dealing With Family Dynamics: Past, Present and Future
    4. What to Look for in Reviewing Existing Estate Plans
    5. Sample Info Gathering Forms and Checklists
    6. Determining Your Overall Estate Plan Strategy
      1. for an Estate Not Subject to Estate Tax
      2. for an Estate Potentially Subject to Estate Tax
      3. for an Estate Subject to Estate Tax
  2. KEY ELEMENTS OF EFFECTIVE WILLS
    10:15 - 11:15, Eileen Hadfield
    1. Establishing Statutory Framework
    2. Types of Wills
    3. Testator's Competency - Verifying and Documenting
    4. Beneficiary Designations and Distributions in Retirement Plans and Life Insurance
    5. Titling Assets
    6. Sample Will Provisions
    7. Updating Will Documents
  3. BASIC TAX PLANNING
    11:15 - 12:15, Robert E. Bollengier
    1. Estate Tax Update
    2. Step-Up Basis of Various Assets
    3. Gift Tax and Exclusions
    4. Generation-Skipping Transfer Tax
    5. Planning for the Final Income Tax Return
    6. Trust Taxation Basics
    7. Disclaimer Trusts
    8. Crummey Powers and the IRS
    9. Typical Creditors and How to Deal With Them
    10. Simple Tips for Minimizing Tax Burden
    11. Tax Treatment of Trusts
  4. DOCUMENTING LONG-TERM CARE, INCAPACITY AND END-OF-LIFE DECISIONS
    1:15 - 2:15, Gene M. Carlino
    1. Medicaid Planning Overview
    2. Long-Term Care Options and Planning in a Nutshell
    3. Special Needs Trusts
    4. Advance Medical Directives
    5. Powers of Attorney
    6. DNR Orders and Organ Donation Considerations
  5. PLANNING FOR UNMARRIED AND REMARRIED COUPLES
    2:30 - 3:30, Gene M. Carlino
    1. Pre- and Post-Marital Agreements
    2. Planning for Children From Previous Marriage(s)
  6. ESTATE PLANNING FOR SMALL BUSINESSES
    3:30 - 4:30, Everett A. Petronio Jr.
    1. Types of Entities
      1. Family Limited Partnerships
      2. Limited Liability Companies
      3. Corporations
    2. Drafting Buy Sell Agreements for Operating Business
      1. General Features
      2. Rights of Remaining Owners Upon Triggering Event
      3. Purchase Price/Valuation
      4. Use of Life Insurance
      5. Use of an Escrow Agent
      6. Common Drafting Concerns

DAY 2

  1. TRUSTS 101
    9:00 - 10:00, Robert E. Bollengier
    1. Types, Goals and Functions of Trusts
    2. Major Laws Governing Trust Creation and Administration
    3. Who are the Main Parties? Their Duties and Responsibilities to a Trust
    4. Revocable vs. Irrevocable
    5. Choosing Trust Situs
    6. Trust Funding Basics
  2. WHO IS THE FIDUCIARY?
    10:15 - 11:15, Bernard A. Jackvony
    1. Personal Representatives and Trust Officers: Powers and Duties
    2. Helping Clients Pick the Fiduciary(ies)
    3. Your Contact With the Personal Representative
    4. Trust Protectors and Advisers
    5. Fiduciary Liability
  3. REVOCABLE LIVING TRUSTS
    11:15 - 12:15, Joseph R. Marion III
    1. Traditional Estate Planning vs. Revocable Trust Planning
    2. Credit Shelter Trusts
    3. Marital Deduction Trusts
    4. Qualified Terminable Interest Trusts (QTIPs)
    5. Drafting Tips and Samples
    6. Common Mistakes to Avoid
  4. TRUSTS USED FOR TAX REDUCTION - DRAFTING TIPS AND SAMPLES
    1:15 - 2:15, Robert E. Bollengier
    1. Irrevocable Life Insurance Trusts (ILITs)
    2. Charitable Remainder Trusts
    3. Qualified Domestic Trusts
    4. Qualified Personal Residence Trusts (QPRTs)
    5. Defective Trusts
    6. Education Trusts for Children and Grandchildren
    7. Generation Skipping Trusts
  5. GRANTOR TRUSTS
    2:30 - 3:30, Matthew J. Leonard
    1. Intentionally Defective Grantor Trusts (IDGTs)
    2. Drafting Tips and Samples
    3. Taxation Considerations - When to File the Return?
    4. Administrative Power
  6. ETHICAL CONSIDERATIONS
    3:30 - 4:30, Matthew J. Leonard
    1. Defining Who Your Client is From the Start
    2. Handling Clients With Diminishing Mental Capacity
    3. Lawyers Acting as Fiduciaries
    4. Estate Status Updates for Clients - Why it Pays Off and How to do it Efficiently
    5. Practicing Before the IRS
    6. Getting Paid: Billable/Non-Billable Hour and Retainer Agreements
    7. Preventing Unauthorized Practice of Law by Legal Staff

ROBERT E. BOLLENGIER is a sole practitioner with offices in Warwick, Rhode Island. His practice areas include federal and state taxation, probate, estate planning, wills, trusts, and corporate and business law. Mr. Bollengier has been a visiting instructor for Bryant University and Providence College. He also lectures to private industry groups through employer EAPs for wills, trusts and estate planning; and has lectured periodically for National Business Institute and other sponsoring firms. Mr. Bollengier earned his B.S. degree, magna cum laude, from Boston College; simultaneously earned his J.D. degree with his M.B.A. degree, highest honors, from St. Louis University; and his LL.M degree, cum laude, from Boston University. In addition, Mr. Bollengier earned a certificate of advanced graduate studies in estate planning from Bryant University and is currently working towards his CFP, ChFC and CLU designations. He is a member of the Rhode Island and American bar associations, as well as the Rhode Island Society of Certified Public Accountants.

GENE M. CARLINO is a partner with Pannone Lopes Devereaux & West LLC, where he has more than 25 years of experience in all areas of estate and tax planning and administration, Medicaid planning, probate administration and trust litigation. His practice includes advising and advocating for clients in all matters involving federal and state taxation, including representing individuals before the Internal Revenue Service in contested assessments during the examination phase, before the Appeals Division, and at trial in the U.S. Tax Court, the U.S. Court of Federal Claims, and the Federal District Court. Mr. Carlino is licensed to practice in Rhode Island, Massachusetts and Florida; and also admitted to the U.S. Tax Court, U.S. Court of Federal Claims, the Federal District Court of Rhode Island and the U.S. District Court for the Southern District of Florida. He received his J.D. degree from Boston University School of Law; his LL.M. degree in taxation from New York University School of Law; and his B.S. degree, magna cum laude, in accountancy, from Providence College.

EILEEN HADFIELD is an attorney with Legacy Law of Rhode Island, P.C., where she practices in the areas of elder law, trusts and estates, asset protection, incapacity planning, special needs planning, entity formation, and business succession planning, and has presented these topics in numerous forums. Ms. Hadfield is admitted to practice in Rhode Island and in the U.S. District Court for the State of Rhode Island. She is a member of the Probate & Trust and Title Standards committees of the Rhode Island Bar Association. She earned her B.S. degree, summa cum laude, and her J.D. degree, magna cum laude, from Roger Williams University.

BERNARD A. JACKVONY is of counsel with Pannone Lopes Devereaux & West LLC, and a nationally recognized fiduciary litigator. Mr. Jackvony concentrates in the areas of trusts and estates including litigation, administration and planning for individuals, families, fiduciaries and charitable organizations. He has represented clients in fiduciary litigation in Rhode Island, Florida, New Jersey, California, New York, Massachusetts and Oklahoma. Mr. Jackvony is a member of the Rhode Island Bar Association and The Florida Bar. He received his undergraduate degree in accounting from Bryant University, his J.D. degree from Suffolk University, and his master's degree in taxation from Boston University.

MATTHEW J. LEONARD is of counsel at the Providence law firm of Salter McGowan Sylvia & Leonard, Inc., where he practices in the areas of estate planning and asset protection planning, Medicaid planning, elder law, real estate, probate administration, and related litigation. He is a member of the Rhode Island and Massachusetts bar associations, and The Florida Bar. Mr. Leonard has been a frequent lecturer on topics related to his practice, including "Drafting Effective Wills and Trusts," "Resolving Estate Will and Trust Contests," "Protecting Assets While Qualifying for Medicaid," “Elder Law Home Care and Caregiver Agreements,” “Medicaid Planning,” and “Special Needs Trusts: Planning for Persons with a Disability.” Mr. Leonard is a member of the National Academy of Elder Law Attorneys and a former member of the Town of Smithfield Planning Board. He is a past president of the Providence College Alumni Association and recipient of Providence College’s Mal Brown Award. Mr. Leonard is a recipient of the Men Who Make A Difference Award from the Women’s Resource Center of Rhode Island. He is a principal owner of Murphy & Fay Title and Escrow, LLC. Mr. Leonard earned his B.S. degree from Providence College and his J.D. degree from Roger Williams University School of Law.

JOSEPH R. MARION III is an attorney with Adler Pollock & Sheehan P.C., where he practices in the areas of estate and income tax planning, business succession planning, land conservation planning, long-term care planning, probate and trust administration, special needs planning and real estate conveyancing. Mr. Marion counsels clients on estate and income tax savings techniques, including the most tax efficient ways which to transfer wealth and family businesses through multiple family generations. He also helps families preserve assets through advance planning for their long-term care needs. Mr. Marion frequently represents trustees and banks in their service as fiduciaries in the settlement of complex estates and beneficiary disputes. He is a member of the National Association of Elder Law Attorneys, Rhode Island Bar Association, Boston Bar Association, Rhode Island Bar Committee on Probate and Trusts, and the Rhode Island Estate Planning Council. He received his B.A. degree, with high distinction, from the University of Rhode Island and his J.D. degree from Roger Williams University School of Law.

EVERETT A. PETRONIO JR. is an attorney with Kalander & Shaw Ltd. His practice centers on all aspects of business law for both for-profit and not-for-profit entities, including organization and startup, licensing, business succession planning, commercial loan documentation, and corporate sales and acquisition. Mr. Petronio is a member of the Rhode Island, Massachusetts and American bar associations; and the Estate Planning Council of Rhode Island. He earned his B.A. degree from Brown University, his J.D. degree from Western New England College School of Law, and an LL.M. degree from Boston University in Banking Law.

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