Irrevocable Trusts in Practice: Drafting Strategies, Sample Provisions, Key Language, and Fiduciary Risk Management (Including 1hr. on Ethics)

Session I – Trusts and Taxes: Drafting Strategies, Sample Provisions, and Key Language for Modern Estate Plans – Jonathan G. Blattmachr This presentation will cover some of the major tax advantages of transmitting property in trust both during lifetime and after death of the property’s owner. It will explain how trusts may reduce income taxes including avoiding state income tax and avoiding the highest Federal tax rates on trust income. The presentation will cover efficient ways to draft a revocable trust. Sample provisions will be offered including key language to include in the trust instrument and point out common problems…