Modifying Irrevocable Trusts Using Nonjudicial Settlement Agreements

$195.00

Re-Broadcast on October 6, 2017

Irrevocable trusts generally do not provide for revision of their terms. In this webinar, attorneys can expect to obtain a comprehensive and practical guide to structuring nonjudicial settlement agreements to modify irrevocable trusts, whether in a State that has adopted the Uniform Trust Code or otherwise. Specifically, the various modifications that may be implemented by means of nonjudicial settlement agreements will be discussed, as will the tax considerations of such modifications.

This course is co-sponsored by Wolters Kluwer.

Key topics to be discussed:

•   Irrevocable Trusts
•   State Statutory Trust Amendment Provisions
•   Uniform Trust Code
•   Determination of “Interested Persons”
•   Prohibition against Modifying “Material Provisions” of Trust
•   Terms which may be Modified by Nonjudicial Settlement Agreements
•   Using Nonjudicial Settlement Agreements to Relocate Trust Situs
•   Obtaining Court Approval of Nonjudicial Settlement Agreements
•   Structuring Nonjudicial “Wrapper” Provisions
•   Federal Tax Considerations

Date / Time: October 6, 2017

•   2:00 pm – 4:00 pm Eastern
•   1:00 pm – 3:00 pm Central
•   12:00 pm – 2:00 pm Mountain
•   11:00 am – 1:00 pm Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Clear

Re-Broadcast on October 6, 2017

Lauren Evans DeJong, Esq. is of Counsel to the law firm Stahl Cowen Crowley Addis, LLC, located in Chicago, Illinois. Her practice is devoted to the needs of individuals and families, assisting them in areas related to transferring and preserving wealth, including planning for business succession, disability, special needs, health care coverage and taxation. She also aids clients in the administration of trusts, decedents’ estates and the estates of disabled persons in probate court.

Lauren has an AV® Preeminent Peer Review Rating from Martindale Hubble, the highest rating afforded to attorneys. She is active in the Illinois State Bar Association and member of the American Bar Association, Chicago Bar Association, Chicago Estate Planning Counsel and DuPage Estate Planning Counsel.

She obtained her undergraduate degree from Hope College, Holland, Michigan, her juris doctorate from Northwestern University Pritzker School of Law and a Masters of Law in Taxation from Chicago Kent College of Law, Illinois Institute of Technology.

CLE Accreditation:
mylawCLE seeks approval in all states except VA.

CLE 2.00 – AK
CLE 2.00 – AL
CLE 2.00 – AR
CLE 2.00 – AZ
CLE 2.00 – CA
CLE 2.40 – CO
CLE 2.00 – DE
CLE 2.40 – FL
CLE 2.00 – GA
CLE 2.00 – HI

CLE 2.00 – IA
CLE 2.00 – ID
CLE 2.00 – IL
CLE 2.00 – IN
CLE 2.00 – KS
CLE 2.00 – KY
CLE 2.00 – LA
CLE 2.00 – ME
CLE 2.00 – MN
CLE 2.40 – MO

CLE 2.00 – MP
CLE 2.00 – MS
CLE 2.00 – MT
CLE 2.00 – NC
CLE 2.00 – ND
CLE 2.00 – NE
CLE 2.00 – NH
CLE 2.40 – NJ
CLE 2.00 – NM
CLE 2.00 – NV

CLE 2.40 – NY
CLE 2.00 – OH
CLE 2.40 – OK
CLE 2.00 – OR
CLE 2.00 – PA
CLE 2.00 – PR
CLE 2.40 – RI
CLE 2.00 – SC
CLE 2.00 – TN
CLE 2.00 – TX

CLE 2.00 – UT
CLE N/A – VA
CLE 2.40 – VI
CLE 2.00 – VT
CLE 2.00 – WA
CLE 2.40 – WI
CLE 2.40 – WV
CLE 2.00 – WY

Accreditation Policy
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

Reciprocity
Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

On-demand CLE
myLawCLE will seek on-demand approval in all states except Virginia and Arkansas (outside reciprocal provisions stated above).


myLawCLE Credit Guarantee
myLawCLE offers a program and credit approval guarantee. If a registered attendee is unhappy with a CLE program they have attended, myLawCLE will offer that attended access to another complimentary CLE or a full refund in order to insure the attendee’s satisfaction.

Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.