How to Make Sure Your Client's Estate Plan Survives Bankruptcy Out of Stock
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July 2018
How to Make Sure Your Client's Estate Plan Survives Bankruptcy
Access Timely Topics and National Experts with CBA-CLE 1-Hour Audio Webcasts
Program Description
A trust and estate plan is only as good as it anticipates reverses, particularly the bankruptcy of either the settlor/testator or a beneficiary. Bankruptcy law gives bankruptcy trustees wide ranging powers to reverse certain transactions, take and claim property for the bankruptcy estate, and generally unsettle well-laid trust and estate plans. Preserving assets from bankruptcy trustees and other claimants requires forethought and careful drafting. After insolvency or bankruptcy has occurred, there are few steps the planner or client can do to stave off sometimes ruinous claims. This program will provide you with practical guide to trust and estate planning platforms and tools to avoid the impact of bankruptcy.
- Planning to preserve assets on the bankruptcy of a settlor/testator or beneficiary
- Scope of bankruptcy trustee powers to void transactions and claim property
- Treatment of IRAs after the Supreme Court's decision in Clark v. Rameker
- Trust planning alternatives, including self-settled asset preservation trusts, to protect from bankruptcy
- Counseling clients about the limits of what trust planning can accomplish
- Common planning and drafting mistakes that make trust and estate plans vulnerable to depletion
Faculty:
Jonathan E. Gopman is a partner with Akerman, LLP in Naples, Florida and chair of the firm's trust and estate group. His practice focuses on sophisticated wealth accumulation and preservation planning strategies for entrepreneurs. He is a Fellow of the American College of Tax Counsel and co-author of the revised version of the BNA Tax Management Portfolio “Estate Tax Payments and Liabilities.” He is also a commentator on asset protection planning matters for Leimberg Information Services, Inc., a member of the legal advisory board of Commonwealth Trust Company in Wilmington, Delaware, and a member of the Society of Trust and Estate Practitioners. Mr. Gopman received his B.A. from the University of South Florida, his J.D. from Florida State University College of Law, and his LL.M. from the University of Miami.
Each program will run from 11:00 a.m. to 12:00 p.m. M.T. (60 minutes each).
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $69.00 USD
- Member Price $49.00 USD
- General Credits 1.00
- Ethics Credits
- EDI Credits