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Revocable Living Trusts 101

Event Location:

Online
8050 West 78th Street
Edina MN 55439

Event Date:
February 7, 2018
Event Time Info:
09:00:00 - 16:00:00
Event Registration:
Event Details and Registration


H&J attorney, Scott Nelson, will be presenting for NBI Video Webcast: Revocable Living Trusts 101 

Advise Your Clients on RLT Structures, Uses, and Tax Implications

Get a practical guide to estate planning’s most effective and versatile tool – revocable living trusts. This course offers a fast-paced overview of the governing law, top RLT structures and key provisions, and their tax implications. Whether you’re new to the practice or are just looking for a refresher, this essential course will give you the skills and knowledge you can put to use right away – register today!

  • Compare traditional estate planning with revocable trust planning to offer your clients the best alternative in each specific circumstance.
  • Protect the interests of both spouses – draft better marital deduction trusts.
  • Review sample trust materials to avoid errors and save time drafting yours.
  • Protect your professional reputation with legal ethics advice from experienced attorney faculty.

Course Content

  1. Key Estate Transfer Laws
  2. Revocable Living Trusts vs. Will-Based Estate Plans
  3. Ethics in Estate Planning
  4. Common RLT Structures and Their Tax Implications
  5. Key RLT Provisions – Sample Trust Document Review
  6. Marital Deduction Trusts in a Nutshell
  7. Revocable Trust Funding

Presenters

SCOTT M. NELSON is an attorney and CPA with Hellmuth & Johnson, PLLC. With more than 28 years of experience, he provides legal counsel to individuals and closely held businesses in the areas of tax, business and estate planning. Licensed in Minnesota, Wisconsin and North Dakota, Mr. Nelson’s areas of concentration include business succession planning, coordinated estate planning for complex estates, and advising all types of families on transfer of assets, as well as legacy and philanthropic planning during lifetime or upon death. His practice includes advising trust and estate fiduciaries, beneficiaries and charitable organizations. Mr. Nelson obtained his CPA license while working at the Arthur Andersen & Co. accounting firm in its Minneapolis office. He earned his B.S. degree from St. John’s University and his J.D. degree, magna cum laude, and Order of the Coif, from the University of Minnesota Law School. Mr. Nelson is also a fellow of the American College of Trust and Estate Counsel (ACTEC) and a member of the ACTEC Fiduciary Income Tax Committee.

TAMMY KOESTER PARKS is the president of SVA Plumb Trust Company, LLC, in Madison, Wisconsin. Ms. Parks has more than 25 years of experience in the areas of trusts and estates either as a trust officer or as an attorney in private practice. She is a regular speaker for National Business Institute, as well as various departments of the University of Wisconsin-Madison. Ms. Parks is a member of the Chicago Bar Association and the Madison Estate Council. She is vice president and serves on the board of WCCN (Working Capital for Community Needs), as well as serving on the Planned Giving Committee of Agrace in Madison, Wisconsin. She is also a member of the Forum for Women Estate Counselors and Tempo International. Ms. Parks earned her B.A. degree, cum laude, from the University of Illinois in Champaign-Urbana and her J.D. degree from DePaul University in Chicago, Illinois.

PAUL M. SCHMIDT is a partner with Boardman & Clark LLP in Madison, Wisconsin. Mr. Schmidt practices in the areas of estate planning, probate, elder law, and tax planning. He has been an adjunct professor at the University of Wisconsin Law School on “The Use of Trusts in Estate Planning.” He has also written several articles and presentations on trusts and estate law. Mr. Schmidt is a member of the Dane County and American bar associations, State Bar of Wisconsin, and The Florida Bar. Mr. Schmidt earned his B.S. degree, summa cum laude, from Valparaiso University; his M.S. degree from Drake University; and his J.D. degree from the University of Kansas.

This fundamental trusts course is designed for attorneys. It will also benefit accountants, tax advisers, trust officers, and paralegals.

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