Asset Protection Trust Planning
Why Attend?
Asset protection planning is recognized as an important and integral aspect of the estate planning process. No longer is asset protection limited to offshore strategies. Eleven states have now enacted legislation providing creditor protection for self-settled trusts. This timely advanced program is intended for experienced estate planners, tax, and bankruptcy attorneys.
What You Will Learn
Panelists will discuss domestic and foreign legislative developments; challenges against foreign trusts, in the U.S. and offshore; when to use domestic vs. foreign trusts; how to promote the use of discretionary trusts by learning the tools of flexible drafting; tax compliance for offshore trusts; how to use powers of attorney for asset protection; using onshore and offshore insurance products to enhance the asset protection; and a review of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 and its effect on asset protection trusts, IRA, and homestead exemptions.
Program Topics
Overview of Asset Protection Planning
Fraudulent Transfer Analysis
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
Attorney Liability in Fraudulent Transfer Litigation
Use of Discretionary Spendthrift Trusts
Drafting for Flexibility
Domestic Asset Protection Trusts
Foreign Asset Protection Trusts
Challenges to Self-Settled Trusts
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
Financial Action Task Force (FATF) Guidance for Lawyers Against Money Laundering
Offshore Tax Compliance and I.R.S. Reporting Obligations
View from the Bench
Planning Chair
Gideon Rothschild, Moses & Singer LLP, New York
Faculty
John A. Terrill, II, Heckscher, Teillon, Terrill & Sager, P.C., West Conshohocken, Pennsylvania
Martin Glenn, Judge, U.S. Bankruptcy Court, Southern District of New York, New York
For group tuition discounts, click on the Registration link at top and register online at the discounted rates; for assistance, email groupregistration@ali-aba.org.
Program Schedule
Total 60-minute hours of instruction: 3; total 50-minute hours of instruction: 3.6
Times
Eastern 12 noon - 3:15 pm
Central 11 am - 2:15 pm
Mountain 10 am - 1:15 pm
Pacific 9 am - 12:15 pm
Alaska 8 am - 11:15 am
Hawaii 7 am - 10:15 am
There will be a 15 minute break during the program.
