The Conner-Zaritsky 41st Annual Advanced Estate Planning and Administration 2020 (USB Seminar)

This presentation focuses on important (and often emotional) considerations when designating guardians for minor children, along with planning for the transfer of assets to children.

This presentation addresses the important non-tax and tax provisions for LLCs that are important for other entities as well.

This presentation covers estate planning for digital property and access to digital assets after a person’s death. A discussion of planning for cryptocurrency is also included.  This topic is especially important as Virginia enacted the Revised Uniform Fiduciary Access to Digital Assets Act in 2017, replacing the radically different Privacy Expectation Afterlife and Choices Act, which was discussed at the program in 2015.

This session addresses lawyers’ responsibilities for the conduct of other lawyers in the firm, with a focus on the policies and procedures (e.g., on conflicts and calendaring) the ethics rules require and that may help manage risk in the trusts and estates practice.

This session offers practical advice and tips for attorneys appearing before the Commissioner of Accounts with a focus on helping us avoid traps for the unwary and reviewing common problems and areas of concern.

The SECURE Act, which was passed at the end of last year, has far-reaching implications for estate planners, especially with regard to the new rules and paradigms related to “stretch” IRAs and the creation of a new 10-year distribution requirement for distributions to many classes of non-spouse beneficiaries. The Act will change, materially, the amounts being distributed to beneficiaries under so-called “conduit” trusts, and planners may wish to revisit the use of “accumulation” trusts. This presentation reviews the SECURE Act, situations where changes should be considered, and practical considerations from a drafting and planning perspective.