This registration form is for Tuesday, May 12, 10:00 a.m.–Noon ET
This program is also available on:
Tuesday, August 18, 2:00–4:00 p.m. ET
Monday, October 26, 2:00–4:00 p.m. ET
| MCLE Credit: | 2.0 |
| Live-Interactive Credit: | 2.0 (all dates, all formats) |
| GAL for Incapacitated Persons CE Credit: | 2.0 |
Attorneys often counsel estate planning clients on the creditor protection provided by a spendthrift trust. But defending those trusts from an active creditor claim—arguing that the claim cannot be satisfied from assets otherwise available for the debtor’s benefit—requires understanding the law, how it has developed over time, and how courts have applied it. This course will outline the development of spendthrift trust law, review the current state of the law in Virginia, and explore case law from Virginia, other states, and the federal courts.
The possibility of divorce is one of the main reasons clients choose to leave assets to their kids in trust. This course will specifically review case law involving claims against trust assets in divorce. It will also review valuable lessons for trusts and estates attorneys, family law attorneys, and trustees.
With the exception of Medicaid trusts or self-settled asset protection trusts, this course will discuss how to incorporate spendthrift trust protections into trusts while achieving clients’ other goals.
Registration Deadlines:
| Webcast: | 10 minutes prior to seminar. If you register for a webcast the day of the seminar, your e-mail receipt will include a link to launch the seminar and download the materials. |
| Telephone: | 10 minutes prior to seminar Call (434) 979-8253 to register up to one hour prior to the seminar |
| Live on Site: | Online registration ends at 11:59 p.m. the day preceding the seminar Walk-in registration is permitted on a space-available basis |
Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE®.
Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.
Dietary Restrictions: If you have dietary restrictions and are attending the seminar in person, please email deanna.mcglothlin@vacle.org.
Inclement Weather Policy and Updates
MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.
Private recording of this program is prohibited.
Can’t Attend?
E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program’s seminar materials are made available for sale.
10:00 | Creditor Claims Against Spendthrift Trust Beneficiaries |
12:00 | Adjourn |
Scott W. Masselli, Virginia Estate & Trust Law, PLC / Richmond
Scott W. Masselli is senior associate at Virginia Estate & Trust Law. He helps his clients create an estate plan that meets their family’s goals. Those goals often include protecting assets for younger generations and charitable giving. He also advises high-net-worth families on reducing estate, gift, and GST taxes. Mr. Masselli prioritizes understanding each client’s family dynamics and creating an estate plan that works for them. He also advises individual and corporate fiduciaries through the estate and trust administration process. He lives in the Richmond area with his wife and sons.
