SNIPS & SNAILS & PUPPY DOGS TAILS, Dealing with What's Left Over, Administering the Estate
You won't want to miss this talk! Lance comes with over 30 year's experience working in the subset of estate planning referred to as “wealth preservation;” He deals with larger and more complex estates where death and other transfer taxes, particularly Generation Skipping Transfer Taxes, are an issue, and where the mechanics of multi-generational succession to family business and wealth cause particular concern.
Lance also has extensive experience in the establishment and operation of Public Charities, Private Foundations, Charitable Trusts and integration of philanthropic devices as part of the family's overall estate plan.
AREAS TO BE COVERED
Problems that Could Have (Should Have) Been Avoided.
1. Accidental Intestacies and Unintended Beneficiaries.
2. Mandatory Funding / Distribution Clauses.
3. Powers of Attorney / Conservatorships.
4. Incapacity.
5. What are We Supposed to be Administering ???
6. Notices and Accountings.
7. Personal Property Disputes.
Fixes.
1. Disclaimers.
2. Modifications and Reformations.
3. Non-Judicial Settlements.
4. Decanting.
5. Trust portability.
Helpful Guides.
Biography:
Lantson E. Eldred obtained a Masters Degree in Economics from UCLA, and his Juris Doctor Degree from Georgetown University Law School.
The focus of this practice, since the early 1980’s, has been estate planning, and in particular that subset of estate planning referred to as “wealth preservation;” dealing with larger and more complex estates where death and other transfer taxes, particularly Generation Skipping Transfer Taxes, are an issue, and where the mechanics of multi-generational succession to family business and wealth cause particular concerns.
As part of this practice area, Mr. Eldred has extensive experience in the establishment and operation of Public Charities, Private Foundations, Charitable Trusts, and the integration of philanthropic devices as part of the family’s overall plan.
