Section News

Probate & Property Magazine, March/April, Volume 23, Number 2

Section News

Skills Training for Estate Planners CLE Program, July 13–17, 2009

The ideal program for lawyers with under five years of estate planning practice or for lawyers who are interested in changing their careers

Program Location:
New York Law School
57 Worth Street
New York , NY 10013-2960

This is a very popular annual estate planning program with limited space—early registration is advised!

Topics Covered:

Basic Fundamentals

  • Fiduciary administration and accounting.
  • Income taxation, especially involving the taxation of trusts and estates and of structured sales.
  • Life insurance, particularly product packaging and premium payment.
  • Deferred compensation and other employee benefits.

Substantive Skills Development

  • Marital deduction basics, including analysis of how much to use, the use of disclaimers or partial QTIP elections in the context of marital deduction planning, marital deduction funding and fiduciary administration problems, and drafting marital and bypass plans
  • Charitable deduction planning, including use of computer software.
  • Analysis of various forms of inter vivos gifting.
  • Life insurance planning, particularly with respect to irrevocable insurance trusts and the practical aspects of product selection, premium financing, and due diligence.
  • Employee benefit beneficiary designation alternatives and the drafting of beneficiary designations.
  • Generation-skipping practicalities such as exemption allocation and basic planning options.
  • Powers of appointment and other means of adding flexibility to long-term trusts, with an emphasis on drafting and trustee selection.
  • Sophisticated transactions such as GRATs and QPRTs, including determining when such techniques make sense.

Technical Skills Development

  • Tax compliance—using computer software in conjunction with hands-on manual preparation as a means of learning how the tax law works and highlighting how software can produce errors.
  • Fiduciary administration and accounting and the tax aspects of postmortem and other fiduciary administration.
  • Client interviewing—with the “substantive” side (what information to obtain) coming as an ancillary element to learning the skills involved.
  • Valuation theory in practice, including how to select valuation experts and analyze their work.
  • Exposure to software programs and web sites that assist in the analysis of estate assets and help facilitate construction of planning models.

Developing Ethical Attitudes

  • Ethics instruction in practical settings, particularly including representations of spouses and fiduciaries.

CLE requested—Total 60-minute Hours of Instruction:
43.25 including evening sessions.
Space is limited for this program!

To register:

Please contact Mary Ann Peter at (312) 988-6155 or

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