Apr

    Estate Planning for the Dysfunctional Adult Child [CC]

    1 PM EDT

    Seasoned attorneys and an experienced accountant will discuss how to protect a testator's assets when an adult child suffers from addiction, is out of work, is unhappily married or is in another similarly difficult situation.

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    Estate planning is rife with delicate situations. As lawyers, it is our job to be "gloom and doom in the room." We need to ask the hard questions and plan for the worst-case scenarios. This can be especially difficult in estate planning since it involves leaving hard-earned assets to cherished and beloved relatives. If we are going to protect those assets as we are hired to do, we must ask the tough questions, including questions about the ability of the testator's children to take care of themselves after our client dies.

    Experienced professionals will provide you with specific strategies for eliciting information at the client intake, how to discuss delicate and emotionally charged possibilities and planning techniques that will care for the testator's loved ones while protecting their assets.

    Plus, an in-depth look at:
    •Questions to ask at the client meeting that will help you elicit the most accurate information.
    •Drafting strategies that will protect assets from creditors and former spouses.
    •Pros and cons to various trustees including banks and siblings.
    •Transfer on death deeds "TODD" and life estates – how to use them to your clients' best advantage.
    •Retirement accounts – when to change the beneficiaries and pitfalls to avoid.

    Event Details

    Duration

    60

    Format

    Web

    Date

    Apr 13, 2021

    2021-04-13T13:00:00-04:00 2021-04-13T14:00:00-04:00 Estate Planning for the Dysfunctional Adult Child [CC] Seasoned attorneys and an experienced accountant will discuss how to protect a testator's assets when an adult child suffers from addiction, is out of work, is unhappily married or is in another similarly difficult situation.

    Sponsors

    Panelists

    Kenneth A Vercammen

    Robert Lawton Jr

    Moderators

    MCLE Information

    The ABA will seek 1.00 general CLE credit hours in 60-minute-hour states, and 1.20 general CLE credit hours in 50-minute states. Credit hours are estimated and are subject to each state’s approval and credit rounding rules.

    View - MCLE Details

    Deaf/Hard of Hearing Attendees

    CART (Communication Access Realtime Translation) service provides instant accessibility for the deaf and hard of hearing by delivering the spoken word as a realtime stream of text. CART service for this program is firewall-friendly and works in almost any network environment with Internet access, and is compatible with all major web browsers.

    Read more about - Webinar Features

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