Session 3: Designing Trusts for Tax and Other Purposes

This session is part of the InterActive Legal Academy Estate Planning Tax Series

Faculty

Course Description

To start week 2, we will illustrate different types of trusts that can be incorporated into an estate plan, for both tax and non-tax purposes. The presenter will cover a variety of options for drafting trusts for the benefit of different beneficiaries.

Distribution Standards
Trust duration – advantages of lifetime trusts
Powers of Appointment – types; income and estate tax effects
Limiting powers of “interested” trustees

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Faculty Bio

Vanessa L. Kanaga Esq.

Vanessa Kanaga serves as CEO of InterActive Legal. Vanessa received her J.D. from Cornell Law School and holds a B.A. in Philosophy from Wichita State University, as well as an Advanced Professional Certificate from New York University School of Law. She is licensed in New York, Kansas, and Arizona, and currently lives in Arizona. Prior to joining InterActive Legal in 2013, Vanessa practiced in New York, at Milbank LLP and Moses & Singer LLP, and in Kansas, at Hinkle Law Firm, LLC. She has experience in a range of estate planning matters, including high net worth tax planning and asset protection planning. In her role as CEO, Vanessa oversees strategic planning and development of InterActive Legal services and solutions, working with her valued colleagues to continuously provide reliable content and forward-thinking strategies to the estate planning and elder law attorneys who subscribe to InterActive Legal products. Vanessa also serves as the Moderator for the InterActive Legal Roundtable webinar series, fostering collegial discussion among a group of expert panelists on trending topics in estate planning.