Audio CD + Course Book

Step-by-Step Guide to Drafting Wills and Trusts

Audio CD + Course Book

Copyright Date:

March, 2018

Product ID#:

78250CDRA

Audio + Course Book

Credit Information

Continuing Legal Education

  • GA CLE - 6.00
From Event: Step-by-Step Guide to Drafting Wills and Trusts, held March 2018.

Program Description

Do you have all the information you need to draft customized testamentary documents for each of your clients? Don't spend years gathering precious bits of legal practice wisdom - our experienced attorney faculty share their time-tested methods of identifying clients' needs and creating custom-tailored wills and trusts to fit each specific situation. This legal primer offers all the tools and sample forms to get you started. Get the fundamental skills you need to build your estate planning practice - order today!

Course Content

  1. Key Elements of Effective Wills
  2. Trusts as Alternatives to Wills
  3. Basic Tax Concerns
  4. Documenting Long-Term Care, Incapacity and End-of-Life Decisions
  5. Ethics
  6. Planning for Unmarried and Remarried Couples

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 GA - Credit Approval Expiration 03/28/2019 *


* denotes specialty credits

Agenda / Content Covered

  1. KEY ELEMENTS OF EFFECTIVE WILLS
    9:00 - 10:00, William D. Rhoads
    1. Establishing Statutory Framework
    2. Types of Wills
    3. Verifying and Documenting the Testator's Competency
    4. Beneficiary Designations in Retirement Plans and Life Insurance
    5. Pension Distributions During and After Life
    6. Titling Assets
    7. Designating Fiduciaries
    8. Planning for Disabled Children
    9. Sample Will Verbiage
    10. Sample Forms
    11. Updating Will Documents
  2. TRUSTS AS ALTERNATIVES TO WILLS
    10:15 - 11:15, Debra L. Scott
    1. When to Recommend a Trust Over a Will
    2. Types and Functions of Trusts
    3. Selecting Trustee(s)
    4. Choosing Trust Situs
    5. Trust Funding Basics
    6. Drafting Trust Amendments
  3. BASIC TAX CONCERNS
    11:15 - 12:15, Kort D. L. Peterson
    1. Get Updated on Changing Legislation and Case Law
    2. Federal Estate and Gift Tax Update
    3. Assess the Impact of the State Estate Tax
    4. Individual Income Taxes - Issues You Need to Look At
    5. Generation Skipping Transfer Tax - Recent Changes
    6. Trust Taxation Basics
    7. Disclaimer Trusts
    8. Crummey Powers and the IRS
    9. Frequently Asked Questions About Fiduciary Taxes
    10. Tips for Calculating Tax Deductions
    11. Why a Comparison to Neighboring States' Taxes is Important
  4. DOCUMENTING LONG-TERM CARE, INCAPACITY AND END-OF-LIFE DECISIONS
    1:15 - 2:15, Wallace R. Nichols
    1. Basic Medicaid Planning
    2. Long-Term Care Options and Planning in a Nutshell
    3. Advance Medical Directives
    4. Powers of Attorney
    5. DNR Orders and Organ Donation Considerations
  5. ETHICS
    2:30 - 3:30, Wallace R. Nichols
    1. Defining Who Your Client is from the Start
    2. Handling Clients with Diminishing Mental Capacity
    3. Lawyers Acting as Fiduciaries
    4. Practicing Before the IRS
    5. Conflicts of Interest
  6. PLANNING FOR UNMARRIED AND REMARRIED COUPLES
    3:30 - 4:30, William D. Rhoads
    1. Pre- and Post-Marital Agreements
    2. Planning for Children from Previous Marriage(s)
    3. Estate Planning for Same Sex Couples
WALLACE R. NICHOLS is an attorney, author and financial advisor in which his practice consists of estate planning, VA pension planning, and elder law. Since 2011, Mr. Nichols has put his M.B.A. experience and legal knowledge to work for clients providing financial advisory services. He is a member of the WealthCounsel®, ElderCounsel®, national organizations of estate planning attorneys, and is an accredited practitioner before the United States Department of Veterans Affairs, the National Association of Elder Law Attorneys and the American Association for Justice. Mr. Nichols earned his B.S. degree from Angelo State University and his J.D. degree from the University of New Mexico.

KORT D. L. PETERSON is an attorney at James Bates Brannan Groover LLP in Macon, Georgia. He focuses his practice on estate planning and tax law. Mr. Peterson assists clients with the design and implementation of sophisticated estate and business succession plans. He helps guide clients through the administration of complex trusts and estates. Mr. Peterson also advises businesses on a wide variety of tax issues, including the formation and operation of captive insurance companies. He represents clients before the IRS and prepares petitions for filing with the U.S. Tax Court. Mr. Peterson earned his B.S. degree, summa cum laude, from Kennesaw State University; his J.D. degree from Washington & Lee University School of Law; his LL.M. in taxation from Georgetown University Law School; and his certificate in estate planning (2008) from Georgetown University Law Center. He is a member of the Federalist Society and the Macon Bar Association.

WILLIAM D. RHOADS is an attorney with Smith, Gilliam, Williams & Miles, P.A., where his primary areas of practice include general estate planning, wills and trusts, business transactions, and providing tax advice for clients. In 2015, Georgia Trend magazine named Mr. Rhoads one of the State's Legal Elite in the areas of taxes and estates. He is admitted to practice in Georgia and all state and superior courts, Court of Appeals, and Supreme Court, as well as the U.S. District Court for the Northern District of Georgia. Mr. Rhoads is a member of the State Bar of Georgia and the Northeast Georgia Estate Planning Council. He earned his B.A. degree from Emory University, his M.P.A. degree from the University of Georgia School of Public and International Affairs, and his J.D. degree from the University of Georgia School of Law.

DEBRA L. SCOTT is a lawyer with The Scott Practice, LLC, where she represented clients concerning estates and trusts matters and fiduciary disputes. With more than 19 years of experience handling fiduciary matters, in 2014 Ms. Scott introduced a new nonprofit consulting division to the law firm called SP Consulting. She has a law, public health and accounting background. Ms. Scott earned her bachelor's degree from the University of California, Riverside, her law degree from Syracuse University College of Law, and her master's degree from Emory 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

Accreditation Details:

Continuing Legal Education

GA CLE: 6.00 Credit Approval Exp
03/28/2019
Includes - Ethics: 1.00
This program is approved by the Georgia Commission on Continuing Lawyer Competency. This program may qualify for up to 6.0 hours of distance learning continuing legal education credit with the Georgia Commission on Continuing Lawyer Competency, which includes 1.0 hour of distance learning ethical considerations.


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