2025 Trust Planning and Drafting Considerations: Fiduciary Concerns, Income Tax, Trust Situs, Directed Trusts, and More
A live 90-minute CLE video webinar with interactive Q&A
This CLE webinar will provide estate planning counsel with a comprehensive understanding and application of best practices in trust planning and document drafting in light of recent cases and current tax law. The panel will provide a thorough review of the rules and practices covering trust situs, directed trusts, beneficiaries, and distributions, as well as critical considerations for minimizing income taxes on trust receipts through careful structuring of the trust instrument.
Outline
- Selecting trust jurisdiction and governing law
- Rule against perpetuities
- Trustee resignation, removal, and succession
- Beneficiaries and distributions
- Trust protectors
- Trust modification
- Drafting provisions for income tax minimization
Benefits
The panel will review these and other key issues:
- What factors must be considered when selecting trust jurisdiction and governing law?
- What is the impact of the rule against perpetuities?
- What discretionary distribution and administration standards must be considered?
- Trust protector provisions and related issues
- Tools available for nonjudicial modification of trusts
- What are best practices for income tax minimization?
Faculty
Lawrence M. Lipoff, CPA, TEP
Director
CohnReznick
With more than 30 years of experience, Mr. Lipoff specializes in the delivery of domestic and international private... | Read More
With more than 30 years of experience, Mr. Lipoff specializes in the delivery of domestic and international private client services to enable high-net-worth individuals and families to maximize their new or generational wealth. He provides strategic advice to his clients and their closely held businesses in the areas of income tax planning and compliance, estate planning and administration services, as well as family structure consulting. Through many years in practice, he synthesized the work of various related professionals, and their firms integrate several planning strategies into solutions that maximize value. Mr. Lipoff is a frequent lecturer and author of articles published through professional forums on topics including domestic and international - estate planning and fiduciary income taxation including constructive attribution rules for foreign trusts, Forms 3520 & 3520-A, Graegin Loans, business succession, generation-skipping transfers, Chapter 14 and carried interest estate planning for private investment fund principals, preferred freeze partnerships, and private placement life insurance.
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Scott D. Weaver
General Counsel and Chief Fiduciary Officer
Willow Street Group
Mr. Weaver serves as General Counsel and Chief Fiduciary Officer, he participates in the overall management... | Read More
Mr. Weaver serves as General Counsel and Chief Fiduciary Officer, he participates in the overall management of the firm on the Board of Managers and advises the firm on legal matters. Mr. Weaver leads Willow Street’s Legal and Compliance team and works closely with the Client Strategy and Client Integration teams. He is a resource for client families and their advisors and serves as a director and committee member for client private trust companies. Mr. Weaver also serves as Chief Fiduciary Officer for Pathstone and Chair of the Willow Street Trust Company of Wyoming, LLC Trust Committee.
CloseEarly Discount (through 10/17/25)
