Modifying and Terminating Irrevocable Trusts in Virginia

MCLE Credits: 2.0
Ethics Credits Included: 0.0

Monday, September 17, 12:00 p.m. - 2:00 p.m. ET
Learn more about Virginia CLE webcast format
Learn more about Virginia CLE telephone format
Wednesday, November 7, 9:00 a.m. - 11:00 a.m. ET
  • Webcast with Live Q&A
  • Telephone with Live Q&A
MCLE Credit: 2.0 (Ethics: 0.0)
Live-Interactive Credit: 2.0 (all dates, all formats) Live Interactive MCLE Credit Symbol
Registration Fee: $150

Information

Why Attend?

To provide your clients with adequate information and peace of mind when creating an irrevocable trust, it is necessary to understand the ways in which that trust can be revoked and/or modified in the future.

  • Learn what makes a trust irrevocable, and why it makes sense to draft one
  • Examine the circumstances under which an irrevocable trust may no longer be effective, and the requirements to change or revoke an irrevocable trust
  • Review the statutory mechanisms available to you when faced with an irrevocable trust that is no longer economical, practicable, or necessary
  • Gain an understanding of the potential pitfalls involved in pursuing modification or termination, in order to preemptively address them with beneficiaries and trustees alike
  • Analyze the statutes from a litigator’s perspective to understand how to avoid or prepare for litigation when seeking modification or termination of an irrevocable trust

As circumstances change, an irrevocable trust that at one time may have been a perfect fit may no longer serve the purpose for which it was intended. But how can you change the unchangeable?

The presenters will discuss the various ways to amend and revoke an irrevocable trust in Virginia. The presentation will focus on the statutory mechanics of altering or terminating such a trust, which on its face cannot be changed. A discussion of the process and procedure for such changes will be addressed with both practical and theoretical applications.

 

Discounts available for Virginia CLE hybrid seminars Follow link to learn about how Online Bundle credits offer 40% discount Follow link to learn about coupons for lawyers in First Year in Virginia practice Follow link to learn about discount for New Virginia Lawyers (first 3 years) Follow link to learn about Government Employee discount Follow link to learn about Legal Aid discount

Follow link to learn about how Online Bundle credits offer 40% discount Follow link to learn about coupons for lawyers in First Year in Virginia practice Follow link to learn about Government Employee discount Follow link to learn about Legal Aid discount

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: Online registration ends at 11:59 p.m. the day preceding the seminar
Call (800) 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.

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.


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.

Schedule

COURSE SCHEDULE (September 17)

12:00 Modifying and Terminating Irrevocable Trusts in Virginia
1:45 Question-and-Answer Session
2:00 Adjourn
  • Sign-in for live seminar attendees in Charlottesville begins at 11:30 a.m.
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

COURSE SCHEDULE (November 7)

9:00 Modifying and Terminating Irrevocable Trusts in Virginia
10:45 Question-and-Answer Session
11:00 Adjourn
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

Faculty

ABOUT THE SPEAKERS

Vanessa Macias Stillman, Midgett Preti Olansen PC / Virginia Beach

Vanessa Macias Stillman is an Associate at Midgett Preti Olansen, concentrating in the area of estate and fiduciary litigation. She has experience litigating in several areas of civil law, including contested guardianship and conservatorship actions, will contests, partitions of property, suits for breach of fiduciary duty, and a variety of complex trust and estate matters.

Ms. Stillman graduated from Loyola Marymount University with a B.A. in Political Science and Spanish. She earned her law degree from Syracuse University College of Law and is admitted to practice law in New York and Virginia. Prior to joining Midgett & Preti, Ms. Stillman served as a Volunteer Law Clerk for Magistrate Judge Tommy E. Miller (ret.) of the United States District Court for the Eastern District of Virginia. Before moving to Virginia, Ms. Stillman was a Staff Attorney for the Manhattan Criminal Defense Division of the Legal Aid Society of New York.

Ms. Stillman is a member of the Hampton Roads Estate Planning Council and of the Hampton Roads Hispanic Chamber of Commerce, and serves as a member of the Board of Directors of the YWCA South Hampton Roads. She is fluent in Spanish.

Alison R. Zizzo, Midgett Preti Olansen PC / Virginia Beach

Alison Zizzo is a Shareholder at Midgett Preti Olansen and concentrates her practice in trust and estate litigation, including fiduciary disputes, beneficiary representation, guardian and conservatorships, and elder law. She has extensive civil litigation experience and can handle a variety of general litigation matters, including business disputes, collection and defense of debts, and contract disputes. In addition, Ms. Zizzo handles complex trust and estate administration matters, assisting families with trust and estate administration issues, as well as litigation that may arise during the course of administration.

Ms. Zizzo earned her Bachelor of Arts in History from Christopher Newport University and her law degree from Regent University School of Law.

Locations, Dates and Fees

Registration Options
  • Add to Cart
   Essentials Seminars Lisbon International CLE FacebookFriday Clear the Docket