Training Course Syllabus:

Probate and Trust Administration: Preventing and Litigating Fiduciary Liability  -  OnDemand Video of Live Seminar

Overview:

From Event: Probate and Trust Administration: Preventing and Litigating Fiduciary Liability, held August 2012.

Program Description

Do you know enough to ensure the trusts you draft withstand the tests of time, economic downturns and family turmoil? Do you have the knowledge necessary to handle the unique issues that arise during the administration of trusts and estates? This comprehensive legal course offers practical and proven strategies that would normally take you years to learn. Don't make novice mistakes or wait years to learn what you could gain in one concise legal guide - order today!

Course Content

I.   Making Sense of Confusing Federal Legislation Changes
II.  Overcoming the Most Troubling Valuation Problems of an Estate
III. Tips for Avoiding Liability Issues You May Face in Closing
IV. Addressing Complex Probate Issues You will Deal With
V.  Establishing and Following Ethical Best Practices
VI. Preparing for Challenging Litigation Issues in Probate Proceedings

Continuing Education Credit

Continuing Legal Education
Credit Hrs State Credit Approval Expiration

CLE 6.00 AK* 08/28/2014
CLE 6.00 AZ* 08/28/2014
CLE 6.00 CA* 08/28/2014
CLE 7.00 CO* 08/28/2014
CLE 6.00 CT* 08/28/2014
CLE 7.00 FL* 02/28/2014
CLE 6.00 HI* 08/28/2014
CLE 6.00 ID* 08/28/2014
CLE 6.00 IL* 08/27/2014
CLE 6.00 ME* 08/28/2014
CLE 7.20 MO* 08/28/2014
CLE 6.00 MP* 08/28/2014
CLE 6.00 MS* 08/28/2014
CLE 6.00 NC* 12/31/2013
CLE 6.00 ND* 08/28/2014
CLE 6.00 NH* 08/28/2014
CLE 7.20 NJ* 08/28/2014
CLE 6.00 NM* 08/28/2014
CLE 6.00 NV* 08/28/2014
CLE 7.00 NY* 08/28/2014
CLE 7.00 OK* 08/28/2014
CLE 7.00 RI* 08/28/2014
CLE 7.20 VI* 08/28/2014
CLE 6.00 VT* 08/28/2014
CLE 6.00 WA* 08/28/2014
CLE 7.00 WI* 12/31/2013
CLE 6.00 WY* 08/28/2014

* denotes specialty credits

Agenda:

Presenters: Jeffrey W. Lambert and Rodney J. Mason

1. MAKING SENSE OF CONFUSING FEDERAL LEGISLATION CHANGES
    
2. OVERCOMING THE MOST TROUBLING VALUATION PROBLEMS OF AN ESTATE
    
   1. Life Insurance Proceeds: Who's Entitled to What
   2. Spot Trouble Areas When Planning for Distribution from Qualified Plans
   3. Proven Strategies for Fairly Appraising Art and Collectables
   4. Often-Overlooked Factors that Affect the Value of Business Enterprises
   5. Tax Shelters - Why Assessing Their Value is so Tricky
   6. The Successful Valuation of Oil, Gas and Other Mineral Interests
   7. Other Valuation Complexities
3. TIPS FOR AVOIDING LIABILITY ISSUES YOU MAY FACE IN CLOSING
    
   1. Simplify Reports, Accounting and Distributions
   2. Compensating and Discharging the Representative and Attorney
   3. Red Flags When Preparing the Final Year Income Tax Return
   4. Know Requirements and Deadlines When Filing Federal and State Tax Returns
4. ADDRESSING COMPLEX PROBATE ISSUES YOU WILL DEAL WITH
    
   1. What Courts Say About Determining the Continuation of Decedent's Business
   2. The Special Circumstance of Simultaneous Death - Proceed With Caution
   3. When and How to File for Partition of Undivided Interests in Property
   4. Ancillary Administration: Follow Clear Guidelines for Protecting Out-of-State Assets
   5. When the Estate Involves a Missing Person... Critical Steps to Follow
   6. Dealing With Minor and Incompetent Beneficiaries
   7. Tips for Asking the Court for Answers or Solutions
   8. Other Complex Issues
5. ESTABLISHING AND FOLLOWING ETHICAL BEST PRACTICES
    
   1. Your Responsibility in Avoiding Conflicts of Interest
   2. Privileged vs. Non-Privileged Communications: Know the Difference
   3. Guidelines for Setting Fair Attorneys' Fees
   4. Observing Standards for Practice When Representing Clients Before the IRS
6. PREPARING FOR CHALLENGING LITIGATION ISSUES IN PROBATE PROCEEDINGS
    
   1. Identifying the Probate Court's Authority
   2. Issues Involving Appointment and Removal of the Trustee
   3. Design of the Trustees' Powers and Duties
   4. The Probate Court's Jurisdiction Over Power of Attorneys and Inter-Vivos Trusts
   5. The Complications of Actions or Proceedings of Irrevocable Trusts
   6. Common Roadblocks When Bringing Wrongful Death Action or Personal Injury Claims to the Estate
   7. When the Concealment of Assets Proceedings Becomes Fraud
   8. Forms and Documents to File to Determine Heirs in Formal Proceedings
   9. When It's Lawful to Alter Settlements and Make Compromises in Probate
   10. Your Legal Responsibilities in Contested Fiduciary Appointments and Fiduciary Removal
   11. Other Litigation Challenges

Seminar Summary:

This comprehensive legal course offers practical and proven strategies that would normally take you years to learn (see full course description)

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