Live Seminar

Step-by-Step Guide to Drafting Wills and Trusts

Seminar

Date:

Friday, May 11, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78873ER

Location:

Clarion Hotel

12601 W. 95th St

Lenexa, KS 66215

$359.00

$349 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • KS CLE - 7.00
  • MO CLE - 7.20

CPE for Accountants

  • CPE for Accountants/NASBA - 7.00

Other

  • Financial Planners - 7.00
  • IACET - 0.60

Program Description

Draft Enforceable Estate Planning Documents With These Practical Techniques

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 are here to 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 - register today!

  • Get practical will and trust drafting skills to speed up the process and give the testator's last wishes power.
  • Stave off conflicts of interest with a clear determination of who your client is from the start.
  • Learn how to deal with interested relatives who want to be present at all the planning meetings.
  • Explore the pros and cons of using a revocable living trust in the will's stead and find out when it's a better option.
  • Explore the functions and mechanics of major trust structures - and make certain you choose the right tool for each job.
  • Give each provision full power with precise word choices - get sample forms to speed up the process.
  • Make sure your remarried and unmarried clients know the default inheritance laws and help them make sure the right beneficiaries are assigned.
  • Anticipate key tax issues, including individual income tax planning and trust taxation.
  • Phrase the fiduciary and beneficiary designations to leave no room for interpretation.
  • Help your clients make the tough medical decisions regarding long-term care, end-of-life and organ donation.
  • Learn how to verify and document the testator's competency to close the door on any potential will contests.

Who Should Attend

This basic-to-intermediate level seminar offers foundational will and trust drafting skills that will benefit:

  • Attorneys
  • Paralegals
  • Trust Officers and Personal Representatives
  • Estate and Financial Planners
  • Accountants and CPAs
  • Tax Professionals

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

Credit Hrs State
CLE 7.00 -  KS*
CLE 7.20 -  MO*

Financial Planners – Financial Planners: 7.00

International Association for Continuing Education Training – IACET: 0.60

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 7.00 *


* denotes specialty credits

Agenda / Content Covered

  1. KEY ELEMENTS OF EFFECTIVE WILLS
    9:00 - 10:00, Michael J. Fischer
    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, Michael J. Fischer
    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. Sample Forms
  3. BASIC TAX CONCERNS
    11:15 - 12:15, Kathleen R. Urbom
    1. Federal Estate and Gift Tax Update
    2. Individual Income Taxes - Issues You Need to Look At
    3. Frequently Asked Questions About Fiduciary Tax Returns
    4. Tax Deductions to Consider
    5. How to Recognize Potential Tax Issues
  4. DOCUMENTING LONG-TERM CARE, INCAPACITY AND END-OF-LIFE DECISIONS
    1:15 - 2:15, Samantha Shepherd
    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
    2:15 - 3:15, Anne-Linton Pond Hendrickson
    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, Anne-Linton Pond Hendrickson
    1. Pre- and Post-Marital Agreements
    2. Planning for Children From Previous Marriage(s)
    3. Estate Planning for Same Sex Couples

MICHAEL J. FISCHER is an attorney with Payne & Jones Chartered, in Overland Park, Kansas. He practices in the firm's business practice group and handles entrepreneurial, business, tax, real estate, estate planning and related matters. Mr. Fischer earned his B.A., M.B.A. and J.D. degrees from the University of Kansas. He received an award and scholarship for being an "Outstanding Undergraduate Student in the Economics Department," and was recognized as Student of the Year and asked to give the commencement address while studying to attain his M.B.A. While in law school, Mr. Fischer received several C.A.L.I. awards for earning top honors in multiple subject areas, and lectured as a teaching assistant regarding the legal aspects of business for "Business Law 301." He works with entrepreneurs and business owners to assist them in creating and enacting succession plans aimed at minimizing any disruptions to the business and adverse tax consequences. Mr. Fischer is admitted to practice law in Kansas and Missouri, and is a member of the Kansas Bar Association.

ANNE-LINTON POND HENDRICKSON is a shareholder of Van Osdol PC in their Kansas City, Missouri office. Ms. Hendrickson is a valuable member of her firm’s litigation team, contributing knowledge of civil, criminal and courtroom procedures gained during a two year clerkship in Jackson County Circuit Court. Her practice areas include all aspects of civil litigation, criminal defense, juvenile and family law, and health care law. Ms. Hendrickson graduated with a B.A. degree from the College of William & Mary and she earned her J.D. degree from Creighton University School of Law. She is a leader in the field and is an active member of the Lawyer’s Association of Kansas City (LAKC). Ms. Hendrickson is also an active member of the Kansas City Metropolitan Bar Association and is a graduate of the Kansas City Bar Leadership Academy. She is admitted to practice in Kansas, Missouri and Nebraska.

SAMANTHA SHEPHERD is the founding attorney of Shepherd Elder Law Group, LLC. Her practice areas encompass elder law, estate planning, long-term care planning and asset protection, Medicaid planning, Kansas and Missouri Medicaid applications and appeals, probate and trust administration, guardianships, and special needs trusts. Ms. Shepherd is a graduate of Boston College Law School, where she earned her J.D. degree. She earned her LL.M. degree, in estate planning, from the University of Missouri in Kansas City. Ms. Shepherd is a member of the National Board of NAELA (National Academy of Elder Law Attorneys) - an elected position. She is also a member of the Kansas and Missouri chapters of this organization. Previously, Ms. Shepherd served as the vice-chair of the Elder Law Committee for The Missouri Bar, as well as the chair of the Membership Committee for Missouri NAELA. She has also served on the Committee for the Missouri Seniors' Legal Helpline.

KATHLEEN R. URBOM is a sole practitioner in Topeka and Olathe, where she has a civil practice, including contract formation and litigation, business entities formation and governance, estate planning and probate, and special education law. She has spoken previously on special education law; landlord tenant law and end of life planning; including business succession, wills and trusts, and guardian conservatorships. Ms. Urbom earned her B.S. degree from St. Mary of the Plains College and her J.D. degree from Washburn University of Topeka. She is a member of the Kansas and Topeka bar associations, the Women's Attorneys Association of Topeka, and Jenny Mitchell Kellogg Circle.

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

KS CLE: 7.00 Includes - Ethics: 1.00
Approved by the Kansas Continuing Legal Education Commission for 7.0 hours of continuing legal education credit, which includes 1.0 hour of ethics and professionalism credit.


MO CLE: 7.20 Includes - Ethics: 1.20
NBI, Inc. is an accredited sponsor with Missouri Minimum Continuing Legal Education. This program qualifies for 7.2 hours of CLE credit, which includes 1.2 hour of ethics, professionalism or malpractice prevention credit.


Financial Planners

N CF: 7.00
This program has been accepted by the Certified Financial Planner Board of Standards Inc. and qualifies for 7.0 hours of CE credit for CFP® Certificants. The Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) and CFP® (with flame design) in the US, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Upon completion of this course, attendee will be able to: 1. Describe how to verify the testator's competency. 2. Explain when a trust is preferable to a simple will. 3. Anticipate key tax issues associated with estate planning. 4. Recall what must be done to help the client delegate medical treatment decision-making power. 5. Distinguish between ethical and unethical practices. 6. Analyze the effect of marital agreements on estate planning.

International Association for Continuing Education Training

N IACET: 0.60
NBI, Inc. is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. NBI, Inc. is authorized by IACET to offer 0.6 CEUs for this program. At the end of the program, participants must complete a self-assessment in order to receive credit. 100% attendance is required. (Provider #1004558)

Upon completion of this course, attendee will be able to: 1. Describe how to verify the testator's competency. 2. Explain when a trust is preferable to a simple will. 3. Anticipate key tax issues associated with estate planning. 4. Recall what must be done to help the client delegate medical treatment decision-making power. 5. Distinguish between ethical and unethical practices. 6. Analyze the effect of marital agreements on estate planning.

National Association of State Boards of Accountancy

N NAS: 7.00 Includes - Behavioral Ethics: 1.00, Specialized Knowledge: 3.00, Taxes: 3.00
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This program is designed to qualify for 7.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic to intermediate level program presented in a group live setting. Accountants should have a basic understanding of drafting customized testamentary documents. This course will: • Examine practical will and trust drafting skills to speed up the process and give the testator’s last wishes power. • Identify ways to stave off conflicts of interest with a clear determination of who your client is from the start. • Discover how to deal with interested relatives who want to be present at all the planning meetings. • Explore the pros and cons of using a revocable living trust in the will’s stead and find out when it’s a better option. • Explore the functions and mechanics of major trust structures –and make certain you choose the right tool for each job. • Identify how to give each provision full power with precise word choices – get sample forms to speed up the process. • Explore ways to make sure your remarried and unmarried clients know the default inheritance laws and help them make sure the right beneficiaries are assigned. • Point out ways to minimize the taxable estate with effective tax planning techniques. • Examine how to phrase the fiduciary and beneficiary designations to leave no room for interpretation. • Specify ways to help your clients make the tough medical decisions regarding long-term care, end-of-life and organ donation. • Present how to verify and document the testator’s competency to close the door on any potential will contests. Field(s) of Study -- Behavioral Ethics; Taxes; Specialized Knowledge.

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Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702