CLE Approved Webinar: Why Your Client Can’t be Trustee – or Can They?
November 19 @ 4:00 pm – 5:00 pm
Approved CLE Credit: 1.00 General Credit
Approved Jurisdictions: CA, FL, IL, NJ, NY, TX (Self-submit available in other states)
Cost: $70.00
Webinar Description
Estate planning and asset protection both usually involve giving property away, often in trust, and someone must be named as the trustee. Some clients – who may not be keen on the idea of transferring property to begin with – may want to maintain control and therefore would like to be the trustee. Other clients may not have anyone else that they trust to fill that role and therefore would like to serve as trustee themselves. These scenarios raise the important question of when a client who creates a trust can serve as trustee.
A trust creator could retain some limited control – perhaps by serving as a Trust Protector or as a trustee with very defined (and limited) powers. But in many cases, it’s arguably best if the creator of the trust has no control over the trust at all.
In this webinar, Jonathan Blattmachr and Michael Graham, co-founders of InterActive Legal, will draw from their years of estate planning and tax experience to discuss the reasons behind the general rule that the creator of a trust should not be the trustee, and to consider when we might carve out exceptions to that rule. We’ll cover the concept of Trust Protectors as well as trustees who serve with limited powers. The presentation will also examine relevant authority, including a variety of applicable cases. We will also discuss the important issue of substance over form in the context of trust control – where the way a trust actually operates can be problematic, even though it was set up properly.
Join us for expert thoughts on a topic relevant to clients of all levels of wealth.
InterActive Legal is partnering with Beacon Live to offer CLE Credit for this webinar.
You will need to create a Beacon Live account (or use your existing account) to register for this event.
Learn from InterActive Legal’s Founders!
Jonathan G. Blattmachr, Esq.
InterActive Legal Editor in Chief and Co-Founder
Michael L. Graham, Esq.
InterActive Legal Chairman and Co-Founder
InterActive Legal is partnering with Beacon Live to offer CLE Credit for this webinar.
You will need to create a Beacon Live account (or use your existing account) to register for this event.
Continuing Education Credits
- Approved CLE Credit: 1.00 General Credit
- Cost: $70.00
- Approved Jurisdictions: CA, FL, IL, NJ, NY, TX
- Self-submit available in other states
Webinar Tips
- This webinar is being hosted on the Beacon Live platform.
- You will need to create a Beacon Live account (or use your existing account) to register for this event.
- Webinar access instructions will be provided after registration.
- Please note that your link is uniquely registered to you and cannot be shared with anyone.
- Playback of this webinar will NOT be immediately available. The recording may be available at a later date.
- Visit our website event page to learn more about what is happening at InterActive Legal.
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Estate Planning and Elder Law professionals turn to InterActive Legal as their main resource for the latest planning strategies. We provide the most comprehensive productivity system on the market with an easy-to-use document drafting system, extensive continuing education, thought-provoking discussion forums, and more.
