Trusts as Retirement Plan Beneficiaries CLE

The American Bar Association Section of Real Property, Trust and Estate Law and the ABA Center for Continuing Legal Education are sponsoring ateleconference and live audio webcast on February 20, 2008 entitled Avoiding Retirement Plan Disasters: Trusts as Beneficiaries and Creditor Protection for IRAs.

Here is a description of this program:

Retirement plans can be a large part of a client’s estate. Proper planning is essential for clients and their beneficiaries to achieve the maximum use of these assets.

This presentation will focus on:

• Why use a trust as beneficiary?
• How inherited IRAs may be exposed to creditors
• What kinds of trusts qualify for maximum stretch of required minimum distributions
• Why a QTIP trust may become an IRA disaster!
• How the beneficiary designation form must be properly integrated with the trust
• What must be done after death to properly administer or fix the trust