OnDemand Audio

Frequently Used Trusts for Estate and Financial Planning

OnDemand Audio

Copyright Date:

January, 2018

Product ID#:

78149SADM

Online Access Expires:

6 Months from

Date of Purchase

$359.00

Includes Downloadable Course Book

Credit Information

Continuing Legal Education

  • CA CLE - 6.00
From Event: Frequently Used Trusts for Estate and Financial Planning, held January 2018.

Program Description

Understand the underlying structures and functions of the key estate planning tools used to protect and transfer clients' assets. Whether you're a beginner or are in need of a refresher, this essential guide will leave you with useful and practical tips from the pros. Order today!

Course Content

  1. Trusts Overview: Main Rules, Terms, Parties, Goals Identified
  2. Revocable Trusts: A Versatile Tool for Every Occasion
  3. Irrevocable Trusts: Tax Savings and Asset Protection
  4. Special Needs Trusts: Funding Long-Term Care
  5. Ethics and Trusts

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 CA - Credit Approval Expiration 01/25/2020 *


* denotes specialty credits

Agenda / Content Covered

  1. Trusts Overview: Main Rules, Terms, Parties, Goals Identified
    9:00 - 10:15, Written by Deborah S. Howard. Presented by Andrea Starrett in San Jose and Deborah S. Howard in Salinas.
    1. Key Terms and Concepts
    2. Laws Governing Trusts Practice
    3. Beneficiaries: Intermediary and Remaindermen
    4. Grantors' Powers
    5. The Role of the Trustee(s)
    6. Determining Your Client's Planning Needs
    7. Common Types of Trusts
  2. Revocable Trusts: A Versatile Tool for Every Occasion
    10:30 - 11:45, Written by Yulissa Zulaica. Presented by Yulissa Zulaica in San Jose and Deborah S. Howard in Salinas.
    1. How Revocable Trusts Work
    2. Types of Revocable Trusts and Their Specific Uses
    3. Trust Funding and Pour-Over Wills
    4. Grantor Powers and Limitations
    5. Tax Consequences
    6. Special Clauses/Provisions Reviewed
  3. Irrevocable Trusts: Tax Savings and Asset Protection
    12:45 - 2:00, Written by Yulissa Zulaica. Presented by Yulissa Zulaica in San Jose and Laura A. Davis in Salinas.
    1. Types of Irrevocable Trusts and Their Functions
    2. The Role, Duties and Powers of Independent Fiduciary
    3. Administration Costs Considerations
    4. Asset Protection Features of Irrevocable Trusts
    5. Basic Tax Strategies Behind the Use of Irrevocable Trusts
    6. Common Pitfalls to Avoid
    7. Irrevocable Life Insurance Trusts (ILITs)
  4. Special Needs Trusts: Funding Long-Term Care
    2:00 - 3:15, Written by Ellen Cookman. Presented by Ellen Cookman in San Jose and TBA in Salinas.
    1. SNTs vs. ABLE Accounts
    2. First Party vs. Third Party
    3. Tax Consequences of SNTs
    4. Preserving Benefits Eligibility
    5. Allowable Expenses
  5. Ethics and Trusts
    3:30 - 4:30, Written by TBA. Presented by Lisa M. Zaragoza in San Jose and Laura A. Davis in Salinas.
    1. Conflicts of Interest
    2. Attorney Fees
    3. Multiple Representation
    4. Fiduciary Liability
    5. Testamentary Capacity
    6. Confidentiality
January 25 - San Jose

ELLEN COOKMAN is a principal in the firm of Cookman Law in Palo Alto, where she practices in the areas of estate planning, special needs planning, trust administration and limited conservatorships. Ms. Cookman is a certified specialist in estate planning, trust & probate law from the California State Bar Board of Legal Specialization. She has been a frequent speaker on estate planning and special needs trusts for various professional groups. Ms. Cookman is a member of the Academy of Special Needs Planners, the San Mateo County Bar Association, and the Palo Alto Area Bar Association. She earned her B.A. degree from Pomona College, her J.D. degree from U.C. Berkeley School of Law, and her LL.M. degree from Golden Gate University School of Law.

ANDREA STARRETT is an attorney with Ramsbacher Prokey Leonard LLP, where she practices in the areas of tax, trusts, and estates. She focuses on estate and succession planning for clients in the technology sector, emphasizing wealth and pre-IPO planning for startup founders, technology company executives, and employees holding equity in technology companies. Ms. Starrett regularly employs advanced estate planning techniques, including grantor retained annuity trusts (GRATs), special needs trusts, and charitable trusts and foundations. She is a member of the State Bar o California and is a certified specialist in estate planning, trust, & probate law. Ms. Starrett earned her B.A. degree from Mount Holyoke College, her LL.M. degree from Golden Gate University School of Law, and her J.D. degree from Case Western Reserve University School of Law.

LISA M. ZARAGOZA is an attorney with Acuna Regli, where she practices in the area of estate planning, probate & trust administration, conservatorship & special needs trusts, as well as inheritance litigation. Ms. Zaragoza is a member of the State Bar of California Trust and Estates Law section and the Contra Costa County Bar Association Estate Planning and Probate Section. She earned her Bachelor’s Degree in Business Administration from California Polytechnic State University, San Luis Obispo, and her J.D. degree from Northeastern University School of Law in Boston.

YULISSA ZULAICA is a partner in the law firm of Johnston Kinney & Zulaica, primarily managing the trust administration and probate portion of the practice. In addition, she is the lead attorney for international estate planning, addressing cross-border issues and also helping clients structure their personal and business succession planning. Ms. Zulaica is a member of the State Bar of California and the Trusts and Estates Section of the Bar Association of San Francisco. She earned her B.A. degree from the University of California, Berkeley, and her J.D. and LL.M. degrees from Golden Gate University.

January 30 - Salinas

LAURA A. DAVIS is an attorney with The Law Offices of Laura A. Davis, where she helps individuals, entrepreneurs, and their families to design and execute sound estate planning and business strategies to safeguard the assets and protect the relationships that make her clients’ lives flourish. She has presented multiple times with National Business Institute in the area of estate planning and related tax issues. Ms. Davis earned her B.A. degree from Pomona College in Claremont, California; her M.S. degree in Taxation from Golden Gate University; and her J.D. degree from the University of Southern California Law Center.

DEBORAH S. HOWARD is of counsel with Horan Lloyd A Professional Corporation, in Carmel, California. Ms. Howard focuses her practice in the areas of estate planning, trust administration, and probate. She earned her J.D. degree graduating at the top of her class from Monterey College of Law, and has completed coursework in the Masters in Taxation curriculum at Golden Gate 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:

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Accreditation Details:

Continuing Legal Education

CA CLE: 6.00 Credit Approval Exp
01/25/2020
Includes - Ethics: 1.00
This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California and may qualify for up to 6.0 hours of participatory credit, of which 1.0 hour will apply to legal ethics participatory credit. NBI, Inc. certifies this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education. NBI, Inc. is a State Bar of California approved MCLE provider - #53.


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