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OnDemand Course

Drafting Trusts in Estate Planning

Learn how to properly and effectively draft different types of trusts for an estate plan.

Trusts can be an integral part of an effective estate plan. With the ability to control wealth, protect assets, mitigate taxes, and provide privacy, trusts are an irreplaceable estate planning tool. However, as with all legal documents, proper drafting is imperative to ensure a client's goals are accomplished. Furthermore, with an ever-changing legal landscape, it is important to keep up-to-date on the laws that impact your clients and the trusts utilized. This topic will provide an overview of the types of trusts available to achieve various planning objectives, offer insight into how to approach the drafting of effective trust documents, and review the resources available to drafters to ensure their trust documents accurately reflect and incorporate current laws.

90 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Introduction to Trusts

  • What Is a Trust?
  • Types and Uses of Trusts

Before You Draft

  • Trust Planning to Achieve Client Goals
  • Assets Management vs. Asset Protection
  • Determining Client Tolerance for Risk, Control and Complexity

Trust Drafting Essentials

  • Trust Structure
  • Dispositive Provisions
  • Administrative Provisions
  • Trustee Provisions

Drafting Resources

  • Trust Drafting Tools
    • Forms vs. Software
  • Keeping Current on Trust Law
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on February 26, 2020.

Call 1-866-352-9540 for further credit information.

  • AR CLE 1.5
     
  • This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • CO CLE 2.0
     
  • Lorman Education Services is a Certified Provider, as recognized by the Colorado Supreme Court Continuing Legal and Judicial Education Committee. This program is approved for 2.0 credit hours.
     
  • ID CLE 1.5
     
  • This program has been approved by the Idaho State Bar for 1.5 CLE hours.
     
  • MT CLE 1.5
     
  • This program has been approved by the Montana Commission of Continuing Legal Education for a total of 1.5 CLE credits.
     
  • NM CLE 1.5
     
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.5 hours of credit.
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for up to a maximum of 1.5 credit hours in the area(s) of Areas of Professional Practice for 1.50 hours. Each hour may be counted only as satisfying one category of credit. Duplicate credit for the same hour of instruction is not permitted. This course qualifies for both established and newly admitted attorneys. Lorman Business Center, LLC. has a financial hardship guideline. Please contact customer service at 1.866.352.9539 for instructions on how to apply.
     
  • OR CLE 1.5
     
  • Approved for 1.5 CLE credits in Oregon.
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     
The CLE Code is ONLY a requirement when applying for CLE Credit in New York. Other states do not need to supply the CLE Code to apply for CLE credit.

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

Virginia MCLE requirements do not allow approval for programs that do not include an audio or audiovisual component.

This program was previously offered as a live webinar. Virginia MCLE requirements do not allow approval for attendance at duplicate programs.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Rebecca Cerny, Esq.

Rebecca Cerny, Esq.

Di Monte & Lizak LLC

  • Associate attorney at Pierro, Connor & Strauss, LLC
  • Practice areas include simple and complex estate planning, asset protection, tax planning, estate planning for retirement assets, charitable giving, and business succession planning
  • Published an article in the NYSBA Health Law Journal on the topic of telehealth and telemedicine
  • Member of the New York State Bar Association and an active member of the Trust and Estates Law Section
  • J.D. degree, magna cum laude, Albany Law school; B.A. degree in business administration, The College of Saint Rose
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Pay once and get a full year of unlimited training in any format, any time!

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  • State Specific Credit Tracker
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Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 407384
Published 2020
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