Practical Advice: Basics of Drafting Trusts; Creating and Drafting with Examples

MCLE Credits: 2.0
Ethics Credits Included: 0.0

Wednesday, September 6, 2:00–4:00 p.m. ET Live Webcast Live Telephone Live on Site at Bobzien-Gaither Education Center 4801 Cox Road, Suite 108 (Richmond/Innsbrook - Glen Allen)
Thursday, December 14, 2:00–4:00 p.m. ET Webcast with Live Q&A Telephone with Live Q&A
MCLE Credit:	2.0
Live-Interactive Credit:	2.0 (all dates, all formats)
Designation Credit:	2.0 Trusts and Estates (Designations Information)
GAL for Incapacitated Persons CE Credit:	2.0 (GAL Information)
Registration Fees:	Live on Site: $159 Webcast: $159 Telephone: $179

Information
Schedule
Faculty
Locations, Dates and Fees

Information

Why Attend?

Learn these basics:

How to draft the basic revocable trust from start to finish
How to assess a grantor’s capacity to execute a revocable trust
How to protect a trust from challenge and litigation
How to salvage do-it-yourself trusts and other seemingly deficient writings
How to change the unchangeable: modifying the irrevocable trust

What are the advantages of using a trust, rather than a will, to control the disposition of property at death and select the person designated to execute the decedent’s wishes? Are there still tax reasons to create revocable trusts? What kinds of irrevocable trusts are proper for the basic estate plan?

This seminar will cover the important issues in drafting trust documents, as well as creating and drafting various trusts. The discussion will include how irrevocable trusts differ from revocable trusts and also the different types of trusts and the clauses that make them unique, including ILITs, IDGTs, SNTs, Simple Irrevocable Spendthrift Trusts, QPERTs, and more. In addition, our experienced speaker will review some of the more common provisions found in trusts.

ATTENDING IN PERSON ON SEPTEMBER 6?

The Bobzien-Gaither Education Center in Richmond/Innsbrook is our new state-of-the-art facility designed with your safety in mind. It features a Centurion air filtration system, which quickly and effectively eliminates viruses and bacteria. Additionally, the facility is thoroughly cleaned before each seminar, and face masks and hand sanitizer will be available.

COVID-19 POLICY FOR LIVE-ON-SITE ATTENDANCE

By attending a live-on-site Virginia CLE^® seminar, you acknowledge the health risks associated with COVID-19 and that you MUST follow all Virginia CLE^® COVID-19 policies. You may NOT attend a live-on-site program if you have tested positive for COVID-19, if you are experiencing COVID-19 symptoms, or if you are under any self-quarantine orders per CDC guidelines.

Discounts available for Virginia CLE webcast-telephone-live seminars

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.

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.

Can't Attend?
E-mail distance_ed@vacle.org to be notified when/if this program is made available as an On Demand 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 6) (Eastern Time)

2:00	Practical Advice: Basics of Drafting Trusts; Creating and Drafting with Examples
4:00	Adjourn

Sign-in for live seminar attendees in Richmond/Innsbrook begins at 1:30 p.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 (December 14) (Eastern Time)

2:00	Practical Advice: Basics of Drafting Trusts; Creating and Drafting with Examples
4:00	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

FACULTY

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

ABOUT THE SPEAKERS

Nathan R. Olansen, Midgett Preti Olansen PC / Virginia Beach
Nate Olansen is the Managing Shareholder at the law firm of Midgett Preti Olansen, with a practice focused on estate planning, probate and trust administration, IRS and state and local tax audit and tax collection cases, as well as individual and entity tax planning, asset protection, and a variety of related transactional matters such as business succession planning and business entity start-ups.

Mr. Olansen has extensive experience in drafting and implementing all types of basic and complex estate planning documents such as revocable trusts, irrevocable life insurance trusts (ILIT), grantor retained annuity trusts (GRAT), charitable remainder trusts (CRT), asset protection trusts, and generation-skipping transfer tax trusts. He regularly assists clients with the administration of trusts and estates, whether through the probate process or in private trusts, and serves as the executor and/or trustee for clients seeking long-term, professional trust management. He also has extensive experience in individual, gift, estate and trust income tax compliance and preparation (Form 1040, 1041, 706 and 709), and trust and estate fiduciary accounting preparation and forensic examination.

A significant part of Mr. Olansen’s tax practice is dedicated to representing individuals and businesses before the IRS, state, and local taxing authorities in tax disputes, audits, appeals, and collection actions. The scope of his audit and examination defense practice covers the entire process, from the initial Information Document Request through audit, administrative hearings, appeals, and litigation if necessary. He helps clients by removing levies, garnishments and liens, amending and correcting previous tax returns, filing delinquent tax returns, negotiating with the IRS and state governments to establish payment plans, conducting Collection Due Process Hearings (CDP), and submitting Offers in Compromise (OIC) to settle taxpayer debts that cannot be repaid.

Mr. Olansen is also a certified public accountant and former U.S. Marine. He is listed in Best Lawyers in America^® in three categories: Trusts & Estates, Tax, and Litigation—Trusts & Estates.

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.