2025 Trust Planning and Drafting Considerations: Fiduciary Concerns, Income Tax, Trust Situs, Directed Trusts, and More

This CLE webinar will provide estate planning counsel with a comprehensive understanding and application of best practices in trust planning and document drafting in light of recent cases and current tax law. The panel will provide a thorough review of the rules and practices covering trust situs, directed trusts, beneficiaries, and distributions, as well as critical considerations for minimizing income taxes on trust receipts through careful structuring of the trust instrument.

Among the most critical tasks for estate counsel and planners is ensuring that trust documents are drafted so that the trust vehicle achieves the settlor's intent in the most tax-efficient manner possible. Estate planners must have a thorough knowledge of the drafting techniques and key tax and non-tax considerations when structuring trust documents.

Counsel must understand the legal framework and rules related to trusts, requirements for transferring assets, restrictions, grantor and trustee powers, how to make distributions, and various tax considerations. In addition, other issues such as selecting trust jurisdiction, challenges stemming from the rule against perpetuities, trust protector provisions, nonjudicial modifications, and other items must be factored into the trust structure.

Listen as our experienced panel provides comprehensive and practical details on drafting trust documents and key considerations for minimizing income taxes on trust receipts through careful structuring of the trust.