Categories: Estate Planning/Elder Law
Instructor(s) Heiner, Liz
This course studies the use of trusts from the perspective of both the drafting attorney and the trustee who administers the trust. First, it uses hypotheticals based on common estate planning situations such as tax planning, providing for children, and planning for beneficiaries who may be incompetent or otherwise disabled to explore issues and problems that frequently arise in an estate plan, and to find drafting solutions for them. Second, it looks at practical problems in the implementation of estate plans issues that arise in disposition of property, interpretation of trust language, management of trust assets, selection of a trustee, powers of the trustee, and determining who the lawyer represents (entity, fiduciary, or beneficiaries) and identifies drafting and administrative solutions.
Limit: 12 students; T&E I required.