CLE on Frequently Used Trusts for Estate and Financial Planning

The National Business Institute is holding a conference entitled, Frequently Used Trusts for Estate and Financial Planning, which will take place on Monday, November 06, 2017, at the Holiday Inn and Suites University of Michigan Area in Ann Arbor, MI. Provided below is a description of the event:

Program Description

Understand the Most Common Trust Structures, Their Various Uses and Tax Effects

Understand the underlying structures and functions of the key estate planning tools used to protect and transfer clients’ assets. Whether you’re a beginner or are in need of a refresher, this essential course will leave you with useful and practical tips from the pros. Register today!

• Clarify the tax uses and consequences of the various trust structures.
• Distinguish between testamentary and revocable trusts.
• Explore the most tax-efficient tools for specific client circumstances.
• Determine when an irrevocable trust is a better option.
• Understand the varied powers and duties of the trustee depending on the trust structure.
• Learn how special needs trusts are used to provide for daily expenses without risking benefits eligibility.
• Protect your practice and professional reputation with a tailored ethics guide.

Who Should Attend

This basic level seminar is designed for:

• Attorneys
• Accountants and CPAs
• Trust Officers
• Tax Preparers
• Paralegals

Course Content

1. Trusts Overview: Main Rules, Terms, Parties, Goals Identified
2. Testamentary Trusts: What They are and How They Work
3. Revocable Trusts: A Versatile Tool for Every Occasion
4. Michigan Domestic Asset Protection Trusts
5. Irrevocable Trusts: Tax Savings and Asset Protection
6. Special Needs Trusts: Funding Long-Term Care
7. Ethics and Trusts

Continuing Education Credit