Multijurisdictional Practice Issues in Estate Planning: Key Considerations for Trust and Estate Counsel

Domicile Challenges, Multistate Probates, Asset Ownership Vehicles, and Ethical Considerations

A live 90-minute CLE/CPE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, February 21, 2023

1:00pm-2:30pm EST, 10:00am-11:30am PST

or call 1-800-926-7926

This CLE/CPE webinar will provide estate planners with a practical guide to the challenges and requirements of multijurisdictional practice. Our esteemed presenter will offer guidance in reconciling differing state treatment of revocable and irrevocable trusts and navigating confusing conflict of law provisions and key ethical considerations for trust and estates counsel.

Description

Estate planners face complex challenges when a client resides in one state but benefits from the advantages afforded by another. Estate planners must implement effective planning techniques that take advantage of the best solution for their client, not just the most convenient.

Multijurisdictional estate issues are compounded when a client has more than one personal residence. Fortunately, conscious and careful planning enhances the client’s conflict of law position while inattention to this detail often paints the client into an undesired corner.

There are several key points that counsel must address in designing estate plans for clients with multijurisdictional interests. In addition to the critical task of establishing key facts and favorable arguments for conflicts of law issues, estate planners must also consider strategies to minimize state taxes, achieve transfer tax planning outcomes, and harvest benefits afforded by foreign states. The presenter provides suggestions on how to retain representation and control of a client’s plan even when states outside of your license are used.

Listen as Mr. Aaron Hegji of Wealthgate Trust provides a thorough and practical guide to meeting the challenges of estate planning for clients with assets in multiple jurisdictions.

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Outline

  1. Ethical requirements and limitations to considering and offering multijurisdictional options
  2. Legal considerations to successful multijurisdictional practice
  3. Navigating conflict of law issues
  4. Case studies and practical implementation
  5. Rules of thumb for successful implementation

Benefits

Our expert panelist will discuss these and other critical issues:

  • Ethical, legal, and practical implications, obstacles, and solutions to multi-jurisdictional estate planning
  • Real world case studies illustrating implementation of multi-jurisdictional considerations
  • Navigating conflict of law issues in multijurisdictional estates

Faculty

Hegji, Aaron
Aaron Hegji

Wealth Strategist/Chief Fiduciary Officer
Wealthgate Trust

Mr. Hegji assists families and their advisors in developing, implementing, and properly administering unique estate...  |  Read More

Attend on February 21

See NASBA details.

Cannot Attend February 21?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

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