CLE on Domestic Asset Protection Trust Planning in Arizona, Maryland, Nevada, New Hampshire
The ABA Section of Real Property, Trust and Estate Law is presenting the fourth of five eCLE webinars that are part the Domestic Asset Protection Trust Planning: Jurisdiction Selection Series. The upcoming webinar will focus on asset protection laws in Arizona, Maryland, Nevada, New Hampshire on Tuesday, April 14, 2015, 12:00 – 1:30 p.m. CT. 1.5 General CLE Credit Hours. Here is why you should attend:
15 states, such as Nevada and New Hampshire, permit the creation of full blown self-settled asset protection trusts. Besides the 15, at least 10 other states, including Arizona and Maryland, allow some form of an asset protection trust, including inter vivos QTIP trusts. The proliferation of domestic asset protection trusts leaves attorneys inquiring about the laws in each asset protection state and the benefits of creating such a trust in one state versus another. Over the course of this e-CLE, the presenters will address domestic self-settled asset protection trust statutes and inter vivos QTIP trust statutes, and discuss:
- What is an inter vivos QTIP trust and how can it help my clients?
- Will domestic self-settled asset protection trusts benefit my clients?
- Do the costs of creating a trust in one state for creditor protection or taxation benefits really outweigh the creation of such a trust in another?
- Is the trust really protected from creditors?
- Can the trust be used to avoid the income tax in the grantor’s state of residence?
- Can a same sex couple benefit from the use of these trusts?
- Is using an offshore trust better?