A Comprehensive Overview of Trusts (Update)

In this comprehensive and informative program, the mechanics of trust are laid out to establish a basic understanding of the foundational elements of a trust. This program, presented by business and tax law attorney Bart Basi, will discuss the various forms that trust can take and the purpose behind each specific structure. Types of trust to be discussed include irrevocable trusts, testamentary trusts, special needs trusts, simple and complex trusts, and Able trusts. The program concludes with a discussion of the tax effects of different forms of trust.

Learning Objectives:

1. Examine the differences between revocable and irrevocable trusts

2. Approach client meetings with confidence having a vast knowledge of the types of trusts

3. Draft trusts that meet client needs