Mary Akkerman, Esq. guides clients through all aspects of fiduciary representation and estate planning, including dynasty trusts, domestic asset protection trusts, estate and trust administration, guardianships and conservatorships, business and tax planning, estate and gift tax planning, tax appeals, and related litigation. Mary is skilled at establishing public and private trust companies in South Dakota and regularly works with U.S. and international families and advisors on cross-border planning, non-resident alien trust formation, and international tax issues.
Top 10 Most Commonly Used Trusts
CLE Credits earned: 2 GENERAL (or 2 LAW & LEGAL for WA state)
This presentation is designed for non-estate planning lawyers interested in adding trust and estate planning to their practice, family law lawyers or litigators who are called upon to deal with trusts and other estate planning documents, debtor or creditor lawyers, or transactional lawyers wondering how trusts fit into their business clients’ needs. It will discuss the unique jargon used by trust and estate lawyers, the basic techniques used in various types of trust and estate plans, the importance of titling assets, and how trusts and estate planning documents can impede or enhance non-trust and estate planning transactions and litigation.
This course is co-sponsored with myLawCLE.
Key topics to be discussed:
• The language of trust and estate law
• How trusts and estate planning can affect divorce proceedings
• How debtors’ and creditors’ rights can be affected by trusts and estate planning
• The importance of titling assets
• How transactional lawyers can recognize or implement trust and estate planning as part of business planning and succession and how trusts and estate planning vehicles can affect business transactions
Date / Time: May 23, 2019
• 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.
myLawCLE seeks accreditation for all programs in all states. (Accreditation for paralegals sought thru NALA and NFPA paralegal associations.) Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.
- Automatic MCLE Approvals
All myLawCLE CLE programs are accredited automatically either directly or via reciprocity in the following states: AK, AR, CA, CT, FL, HI, ME, MO, MT, ND, NH, NM, NJ, NY, WV, and VT. (AZ does not approve CLE programs, but accepts our certificates for CLE credit.)
- Live Video Broadcasts
Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except NV, OH, MS, IN, UT, PA, GA, and LA —these states require in-person attendance to qualify for “Live” CLE credit.
- “Live” Re-Broadcasts
“Live” Re-broadcasts are replays of previous recorded CLE programs, set on a specific date and time and where the original presenting speakers calls in live at the end of the event to answer questions. This “live” element allows for “live” Re-broadcast CLEs to qualify for “Live” CLE credits in most states. [The following states DO NOT allow for “live” CLE credits on re-broadcast CLEs: NV, OH, MS, IN, UT, PA, GA, and LA]
Many 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, HI, CT, FL, ME, MO, MT, ND, NH, NM, VT, NJ, NY, and WV. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.
Section I. The glossary
a) The specialized language of trusts and estates
Section II. Things every family law lawyer should know about trusts
a) When are they subject to marital dissolution
b) Notice requirements and privacy laws
Section III. Things every debtor or creditor lawyer should know about trusts
a) Revocable living trusts
b) Asset protection trusts
c) Other irrevocable trusts
Section IV. The importance of titling assets
a) Inter-vivos transfers and transactions
b) Probate transfers
c) Non-probate transfers
i. Pay or transfer on death
ii. Tenants in common
iii. Joint tenancy with right of survivorship
iv. Beneficiary designations
Section V. Business succession planning techniques and transactional issues
a) Treatment of trust assets in business transactions
b) How trusts and estates can enhance business planning
c) Techniques to use for business and unique asset owners