Estate Planning Basic Skills 2012 Out of Stock
Co-sponsored by the CBA Trust and Estate Law Section
Quantity
March 2012
Estate Planning Basic Skills 2012
Program Highlights
- Information Gathering and the Initial Client Interview
- Introduction to Transfer Taxes
- The Planning Process; The Drafting Process
- Execution of Documents and Follow-up Issues
- Planning for Disability
- Planning for Single Clients and Smaller Estates
- Introduction to Ethics in Estate Planning
- Planning for Married Clients and Larger Estates
- Introduction to the Marital Deduction; Planning to Minimize Estate Taxes
- Uses of Life Insurance in Estate Planning
- Revocable Living Trusts
- Traps to Avoid: The 10 Most Common Problems and Pitfalls as Seen Through the Eyes of the Bench, Including Malpractice
- Presentation and Discussion of Hypothetical Fact Patterns
Program Description
The biannual Estate Planning Basic Skills program returns for 2012! If you are an attorney who wants to develop an estate planning practice, a legal assistant working in the estate planning area, or would just like to improve your skills in this important area of the law, you don't want to miss this valuable program!
As always, experienced estate planning attorneys will show you the best tools to employ in common situations you will face. Some of the timely topics to be covered include ethical concerns, transfer tax issues, planning for both smaller and larger estates, estate planning with life insurance, and the planning and drafting process.
This year's program has been expanded to two full days of instruction. By request, the program now concludes with an interactive session that will apply the concepts you have just learned. The program includes time for the faculty to answer your questions. You will also enjoy a candid judicial panel discussion of the most important errors and pitfalls estate planning attorneys face.
You are encouraged to bring your Colorado Estate Planning Forms (Orange Book) as it will be a valuable tool during the program. The Orange Book will also be available for sale at the program. Attorneys- don't forget to bring your paralegal or legal assistant! Don't delay…
Topics
Information Gathering and the Initial Client Interview
- Using questionnaires to obtain essential personal and financial information
- Educating your client regarding the estate planning process and proposed instruments
- Exploring sensitive matters such as blended families and problem children
- Counseling clients who need what they don't want or want what they don't need
Presented by Frank T. Hill, Esq., and Constance Beck Wood, Esq.
Introduction to Transfer Taxes
- Elements of the gross estate
- Transfer tax savings through wise use of deductions and credits
- Overview of gift taxation
- Selected income and generation-skipping tax issues
Presented by Mark D. Masters, Esq.
The Planning Process; The Drafting Process
- Designing a practical plan to carry out the client's wishes, while minimizing taxes and administrative costs
- Nuts and Bolts I: Statutory requirements and elements of a good dispositive document
- Nuts and Bolts II: Disposing provisions, selecting fiduciaries, etc.
- Coordinating will provisions with other estate planning documents and nonprobate assets
- Common drafting problems and errors
Presented by Frank T. Hill, Esq., and Constance Beck Wood, Esq.
Execution of Documents and Follow-up Issues
- Ensuring proper execution
- Asset balancing
- Changing beneficiary designations and retitling assets
Presented by Frank T. Hill, Esq., and Constance Beck Wood, Esq.
Planning for Disability
- Advance medical directives: medical power of attorney, “living will,” CPR directive
- Financial powers of attorney
- Medical Orders for Scope of Treatment (MOST)
- Parental delegation of guardianship
Presented by M. Carl Glatstein, Esq.
Planning for Single Clients and Smaller Estates
- Widows and widowers
- Unmarried couples
- Using contingent trusts for children or grandchildren
- Considerations when planning the smaller estate
Presented by Patrick M. Plank, Esq.
Planning for Married Clients and Larger Estates
- Yours, mine and ours: Second marriages and blended families
- Using contingent trusts for children or grandchildren
- Planning for problem adult children
- Non-tax considerations when planning the larger estate, such as distributions of business interests, etc.
- Which tax apportionment clause is appropriate
- Married with children
Presented by Laurie A. Hunter, Esq.
Revocable Living Trusts
- Using a funded revocable trust as the dispositive document
- Using an unfunded standby trust
- The need for a pour-over will
Presented by Julia Griffith McVey, Esq.
Introduction to the Marital Deduction; Planning to Minimize Estate Taxes
- Basic formulas of marital deduction planning for taxable estates
- Disclaimer trust planning
- Combined marital trust/bypass trust planning: The A and B trusts
- Using QTIP provisions
- Planning for an uncertain tax future
Presented by Thomas L. Stover, Esq.
Uses of Life Insurance in Estate Planning
- Types of life insurance policies
- Life insurance to provide estate liquidity and pay debts
- Paying estate taxes cheaply-an introduction to the irrevocable life insurance trust
Presented by Robert L. Green, JD, ChFC, CLU
Introduction to Ethics in Estate Planning
- Representing multiple clients: Navigating through confidentiality and potential conflicts of interest
- Representing clients with disabilities or questionable competency
- Who is my client? Identifying troublesome situations
- Engagement/disengagement letters
Presented by Paul J. Willumstad, Esq.
Traps to Avoid: The 10 Most Common Problems and Pitfalls as Seen Through the Eyes of the Bench, Including Malpractice
Presented by Judge Rebecca S. Bromley (Ret.), Magistrate E. David Griffith (Ret.), Judge Barbara Hughes, Judge John P. Leopold (Ret.), and C. Jean Stewart, Holland & Hart, former Denver Probate Judge
Which Tool to Use? Discussion of Hypothetical Fact Patterns
Presented by Mark D. Masters, Esq.
Program Chair
Mark D. Masters, Esq.
Horen, Lockwood & Masters, LLP
Englewood, CO
Faculty
M. Carl Glatstein, Esq.
Glatstein & O'Brien, LLP
Denver, CO
Robert L. Green, JD, ChFC, CLU
BG Financial Advisors
Greenwood Village, CO
Greenwood Village, CO
Honorable E. David Griffith
Colorado State Court Magistrate (Ret.)
Colorado Springs, CO
Frank T. Hill, Esq.
The Law Office of Frank T. Hill
Lakewood, CO
Honorable Barbara Hughes
4th Judicial District
Colorado Springs, CO
Laurie A. Hunter, Esq.
Wade Ash Woods Hill & Farley, PC
Denver, CO
Honorable John P. Leopold
Colorado District Court Judge (Ret.)
Littleton, CO
Julia Griffith McVey, Esq.
The Law Office of Julia Griffith McVey, PC
Lakewood, CO
Patrick M. Plank, Esq.
Patrick M. Plank, LLC
Littleton, CO
C. Jean Stewart, Esq.
Holland & Hart, LLP
Denver, CO
Thomas L. Stover, Esq.
Stover & Spitz, LLC
Longmont, CO
Paul J. Willumstad, Esq.
Law Offices of Paul J. Willumstad
Pueblo, CO
Constance Beck Wood, Esq.
Constance Beck Wood, LLC
Denver, CO
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $125.00 USD
- Member Price $95.00 USD
- General Credits
- Ethics Credits
- EDI Credits