The co-authors of the book Estate Planning for the Blended Family - Emily Bouchard and L. Paul Hood, Jr. -- teamed up to create a three-part online training produced by the Ultimate Estate Planner. This training will be launched in March and will be available for you to do when it works best for you.
Through this three-part, information-packed training, you will learn the key distinction and specific areas of concern to address both the HEAD and the HEART when it comes to the complexities of estate planning for couples with step-families.
Some highlights of the training include:
- Advising a Couple with Conflicting Goals. How do you engage them both and avoid attack for breaching your ethical duties?
- Designing the Estate Plan. “QTIP” Trusts aren’t the quick and easy solution. In fact, they’re often part of the problem! And how do you deal with IRAs and other assets that can underfund the first-to-die’s estate tax exemption? How do you use “portability” and allocate the tax burden at the second death? Who should be the Trustee doing this? What kinds of lifetime transfers should take place to avoid problems after death? And on and on…
- Administering the Plan After Death. Who do you represent and owe an ethical and legal duty to, particularly with the added issue now of portability? The surviving spouse? The Trustee? The beneficiaries? How do assets get allocated to the Exemption or QTIP Trusts without a fight? What about subsequent sub-Trust investments and discretionary distributions? And what about accountings? And on and on…
Learn more about what this training specifically covers - and how to get a free copy of Estate Planning for the Blended Family by clicking here