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InterActive Legal Offers Complimentary Webinar -
"The Art and Science of Decanting"

Presented by Jonathan G. Blattmachr, JD and Teresa L. Bush, JD

Jonathan G. Blattmachr, JD

Melbourne, FL
June 26, 2013

InterActive Legal has announced that free registration is now open for an exclusive webinar, "The Art and Science of Decanting," which will explore creative ways to add flexibility to an otherwise rigid estate plan through "decanting” of trusts.

Decanting is the act of invading trust principal and essentially moving it to a newly-created trust. In this complimentary webinar, we will discuss the following:

  • A brief history of trust decanting
  • When decanting is permitted, either under state law or under the trust terms
  • How to draft a trust that can later be decanted
  • The process of decanting, when state law or the document permits
  • How to decant in a state that does not have decanting legislation
  • Tax effects of decanting

This webinar is a unique opportunity to hear first-hand how some of the premier thought-leaders are strategizing to adapt to the new opportunities and challenges presented in estate planning.

The complimentary webinar will be held on Wednesday, July 17th at 1:00 pm EDT and is open to the entire estate and tax planning community. Register today at:interactivelegal.webex.com.

Jonathan G. Blattmachr, JD, is a member of the Alaska, California and New York Bars, and retired partner from the law firm of Milbank, Tweed, Hadley & McCloy LLP. He has served as a lecturer-in-law of the Columbia University School of Law and an Adjunct Professor of Law at New York University Law School. He is a former Chairperson of the Trusts & Estates Law Section of the New York State Bar Association and of other committees of the New York State Bar Association and the American Bar Association. Mr. Blattmachr is a Fellow and a former Regent of the American College of Trust and Estate Counsel and past Chair of its Estate and Gift Tax Committee. He is author or co-author of over 300 articles and five books on estate and tax planning topics including a new book published by the Practicing Law Institute on Circular 230. He has been designated as a Distinguished Accredited Estate Planner by the National Association of Estate Planners & Councils. Mr. Blattmachr also is a co-developer of Wealth Transfer Planning™, an InterActive Legal software system published for lawyers, which provides specific client advice and automated document assembly for wills, trusts, powers of attorneys and other estate planning documents.

Teresa L. Bush, JD, serves as Attorney/Content Specialist with InterActive Legal, where she conducts training webinars and works with the drafting system authors to add new content. Prior to working with InterActive Legal, she practiced estate planning and probate law exclusively for over 16 years and has more than 20 years experience with estate planning drafting and transfer taxation issues. She practiced for a number of years in the Tax Section of Kelly, Hart and Hallman, P.C. in Fort Worth, Texas, and also worked as an estate and gift tax consultant for the Dallas office of Ernst & Young.

Events

Kaestner Case and State Income Taxation of Trusts

On June 21st, the Supreme Court of the United States entered its opinion in North Carolina v. Kaestner, 588 US (2019). The Kaestner case represents an extremely important decision for all estate planners, trust officers, trustees, and advisers. Although the holding is a narrow one, it is vitally important.

Christian Estate Planning

Each component of a client’s estate and financial plan can embody their Christian values, beliefs, and lifestyle. Perhaps the simplest way to integrate Christian values into an estate plan might be for a client to add to his or her will a bequest to an organization that has been instrumental or inspirational in his or her life, or which embodies the values he or she holds dear. But there is so much more.

Practitioners can guide clients to write a letter of final instructions, or an “ethical will,” to their heirs. This can explain to the heirs the client’s connection with the Church, and how the Christian concept of stewardship over assets is carried out by making a bequest in your will to complement philanthropy during a lifetime. Each aspect of your client’s financial, retirement, insurance, death (dispositive scheme), and post-death (e.g., trusts for heirs) planning and documentation can be imbued, to the extent the client wishes, with Christian values.

Current Developments, New Ideas, and More

This 90 minute program will review new cases, rulings, news articles and more from the first four months of 2019.

Included in the discussion will be an analysis of the Sanders tax bill which might serve as a blueprint for a Democratic tax proposal should there be a change in administrations in Washington in 2020 and what practitioners should advise clients to do now. Several recent malpractice cases will be reviewed with an emphasis on practical steps practitioners in all disciplines, but especially estate planning attorneys, should take now to modify how they practice in light of the issues and risks of those cases (regardless of how they are resolved). New data on elder financial abuse and steps to help clients will be discussed. Cases and rulings on a wide array of topics including decanting, GST planning, charitable deductions and much more will be discussed.


Life and Death Planning for Retirement Benefits

Digital Subscription | by Natalie Choate

For more information, visit RetirementBenefitsPlanning

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InterActive Legal

930 South Harbor City Blvd, Ste 505
Melbourne, FL 32901