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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

House Estate Tax Proposal Requires Immediate Action

The House Democrats are proposing a $3.5 trillion spending plan. To support that package the Democrats have proposed tax increases to fund a large portion of that plan.

Speakers: Jonathan Blattmachr, Esq., Robert S. Keebler, CPA, and Martin Shenkman, Esq.

The House Ways and Means Committee just issued statutory language for the tax increase proposal, including dramatic changes to the transfer tax system. While the tax legislative process will no doubt evolve with many twists and turns, these proposals might be the blueprint for any final legislation. The implications of this are quite simple. Taxpayers who might be affected need to plan and take action now. If a client has been sitting on the tax planning fence waiting to see what will be enacted, this proposal suggests you advise them to jump off the fence and plan with haste. This webinar will explore the House proposal, what might happen, but most important, what advisers should discuss with clients now.

Preview of Upcoming 47th Annual Notre Dame Tax and Estate Planning Institute

This will be a fast-paced review of a wide range of practical planning ideas including: Freeze planning for GST exposed trusts and QTIP trusts; Installment sales to non-grantor trusts; Mathematics of charitable planning; Creative planning considering the changing political landscape; Beneficial interests in trusts and dissolution of marriage; Strategies to avoid ethical issues in estate planning; Diversity, equity, and inclusion-practical tips; SLAT tips; ERC and PPP; Agreements that protect clients and advisors: inheritance agreements, siblings agreements, and agreements with caretakers; and more.

Digital Assets Revisited: Preparing for the Tsunami

Digital assets have been on the radar of estate planners for many years, but their scope has recently expanded – exponentially.

The pandemic forced more people online than ever before, and each account, domain name, and other online presence may need to be addressed in some way when a client dies, or becomes incapacitated. Attorneys who both plan estates and administer them therefore need to understand the underlying issues related to different types of digital property.

Join us as experts in the area of digital assets cover the issues you should address with every client, and discuss helpful tools that may also assist with handling digital assets for your clients. The presenters will discuss:

  • The digitization of estate planning
  • How attorneys must adapt to new technology, or face being left behind
  • Digital asset problems in estate administration and how to handle them
  • How to handle digital assets when planning an estate – what to ask and what to look for
  • Why a standard provision in a Will or Trust may not be enough
  • Best practices
  • And more

Don’t miss this timely discussion of a topic that most of us may feel we have adequately covered, but actually may need to address in much more detail.

Digital Assets Revisited

Please Note: ILS subscribers have complimentary access to this video in the ILS Webinar Library. One more reason to become a subscriber


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