Divorce and Trust Assets: Support and Property Settlement Considerations

Identifying and Discovering Trusts, Classifying Trust Assets as Marital Property, and Valuing the Beneficiary's Interest

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, June 19, 2012

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will prepare practitioners with best practices to represent the interests of parties in discovering trusts and classifying a party’s interest in the trust as a marital asset. The panel will review valuation methods and ways to attack the trust or protect the beneficiary’s interest in the trust.

Description

Trusts present unique challenges when classifying and dividing marital assets in a divorce. Counsel must discover whether one of the parties to the marriage has an interest in a trust, the trust location, and the type of interest.

The value of the trust and history of distribution to one of the parties can be relevant in determining support and asset division. Counsel should identify the type of trust, methods for valuing the parties' interest, and ways to reach or protect the beneficiary’s assets from a family law perspective.

Listen as our panel of family law and estate law attorneys discusses different types of trusts, ways to discover the trust and classify the beneficiary’s interest in the trust as marital property, valuation of the trust, and methods for reaching or protecting the beneficiary’s assets.

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Outline

  1. Types of trusts
  2. Discovering trust assets
  3. Classifying the trust interest as marital property
  4. Valuation methods
  5. Ways to reach trust assets or protect beneficiary’s assets

Benefits

The panel will review these and other key questions:

  • What type of trusts should family law practitioners be aware of and what are the best ways to discover the type of interest a party has in a trust?
  • What methods can be used to value a party's interest in a trust?
  • How can a party's interest in the trust be reached or protected for family law purposes?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Faculty

Camellia S. Saunders
Camellia S. Saunders

Atty
Law Office of Camellia S. Saunders

Her practice includes probate, wills, family law and general civil practice. She has extensive experience as a trial...  |  Read More

Justin L. Kelsey
Justin L. Kelsey

Partner
Kelsey & Trask

His practice concentrates on divorce, mediation and collaborative law, as well as guardianships and bankruptcy. He has...  |  Read More

Richard S. Chisholm
Richard S. Chisholm

Atty
Robert E. Ward and Associates

He practices in the areas of estate planning, estate administration, business planning, tax controversies and tax law....  |  Read More

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Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

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