Product Description

A revocable living trust is typically the central document of an estate plan, so being able to counsel clients as to the best structure for their specific circumstances is an important skill. Clients look to their attorney for guidance on how best to implement their wishes with respect to the disposition of their property without creating an administrative mess.

This program gives you the essential foundational knowledge and understanding that you need to effectively structure a revocable living trust for a variety of client scenarios. In addition to providing information on advising clients and drafting options, the experienced panelists examine revocable living trusts from a trust administration standpoint to flag what works and what doesn’t work. Hone your craft at MCLE with expert guidance!

Agenda & Materials

• 9:30 - 9:45 am

  Overview of Massachusetts Estate Tax and Federal Estate, Gift, and GST Tax Laws

  Pamela L. Halter, SCS Financial Services , Boston
  
• 9:45 - 10:05 am

  Overview of Basic Trust Terminology

  James W. Murphy, Esq., Northeast Investment Management, Inc , Boston
  
• 10:05 - 10:15 am

  Provisions While Grantor Is Living

  James W. Murphy, Esq., Northeast Investment Management, Inc , Boston
  
• 10:15 - 10:35 am

  Structure for Surviving Spouse—Credit Shelter Trust and Marital Trust

  Dara Lynn S. Freytag, Esq., Tarlow, Breed, Hart & Rodgers, PC , Boston
  
• 10:35 - 10:55 am

  Structure for Children and More Remote Descendants—Creditor Protection Considerations

  Pamela L. Halter, SCS Financial Services , Boston
  
• 10:55 - 11:00 am

  Break
• 11:00 - 11:15 am

  Trustee Selection

  James W. Murphy, Esq., Northeast Investment Management, Inc , Boston
  
• 11:15 - 11:35 am

  Trustee Guidance v. Distribution Limitations/Restrictions

  James W. Murphy, Esq., Northeast Investment Management, Inc , Boston
  
• 11:35 - 11:55 am

  Retirement Benefit Provisions

  Dara Lynn S. Freytag, Esq., Tarlow, Breed, Hart & Rodgers, PC , Boston
  
• 11:55 - 12:10 pm

  Miscellaneous Provisions Integral to Trust Administration

  Pamela L. Halter, SCS Financial Services , Boston
  
• 12:10 - 12:25 pm

  Trust Funding

  Dara Lynn S. Freytag, Esq., Tarlow, Breed, Hart & Rodgers, PC , Boston
  
• 12:25 - 12:30 pm

  "Ask the Experts" Q&A Session and Key Takeaways

  Panel
  

Special Program Materials:

• Understanding and Using Trusts

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty