Estate Planning Divorce Issues
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Creative trust and estate planning can provide valuable protection to your clients. Understand how modern trust drafting affects your clients in divorce.With a 50% divorce rate, and a higher rate, some say 75%, for second and later marriages, most every estate planning practitioner will be asked to deal with issues and estate plans that may be complicated by a pending or later occurring divorce. It is imperative that the practitioner have a clear understanding of the matrimonial implications related to estate planning and in particular the use of trusts, will and powers of attorney. This topic will review will and trust drafting, and how trusts may be attacked in a divorce, as well as discuss ways to deal with divorce issues in estate planning and probate. It will also cover prenuptial agreements, postnuptial agreements, drafting gift and other provisions, financial planning and structuring accounts and assets to conform with the matrimonial arrangements, and other matters.
This topic helps the practitioner understand how to protect their clients going through a divorce, and how to address matrimonial issues in planning.
Joshua R. Driskell, Primuth & Driskell, LLP Erika R. Scheideman, Primuth & Driskell, LLP
Self Study Credit - Audio & Reference Manual
Sponsored by Lorman Education
|CLE||1.5||AK, AZ, CA, CT, GA, HI, IL, ME, MT, NM, NV, NY, UT, VT, WA|
|CLE||1.8||MO, NJ, WV|
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