Today’s Families
Look A Lot Different

(and so must their estate planning!)

The world of “Ozzie and Harriet” - - where heterosexual couples had one long-term marriage with two children - - has become a distant memory.  Today’s reality looks more and more like “the Brady Bunch”, with divorce, remarriages, and blended families.  Plus, many more couples are choosing to live together without even marrying.  And now, thanks to the Supreme Court DOMA decision, same-sex marriages is becoming commonplace.

What you learned in past CE courses about estate planning for the “old-school” married couple - - and the typical married estate planning techniques you’ve provided in your practice - - are fast becoming obsolete.

You need to learn modern planning techniques that address the special issues of modern families.  For example:

  • How do you properly fashion powers of attorney and choose agents to avoid potential conflicts within a blended family?
  • How do you select Executors and Trustees and provide for them to coordinate with agents under individual powers of attorney?
  • What are the significant tax and non-tax traps that unmarried couples face and how do you navigate around them?
  • What are the post-death administration traps that can befall the modern family, including equitable adjustments and other fiduciary decisions?
  • What important terms do you need to include in marriage contracts and property agreements?
  • How do you address the unique residential issues that modern families face?
  • How do you deal with the sticky funeral arrangement issues of the modern family?
  • How do you use spousal lifetime access trusts and inter vivos QTIP trusts in the modern family?
  • What are the traps of using QPRTs and PRTs in the modern family?
  • How must you coordinate the trustee of an intentionally defective grantor trust with the executor of the client’s estate or successor trustee of the revocable Living Trust?
  • What factors should you consider in drafting the family limited partnership or LLC?
  • How do you minimize post-death litigation in the modern family?

Join us and nationally renowned estate planning attorneys and co-authors, Stephan R. Leimberg and L. Paul Hood, Jr., Esq., of The Tools & Techniques of Estate Planning for Modern Families for this very special 90-minute presentation entitled, “Estate Planning for Modern Families”.

L. Paul Hood

Jr., Esq.
L. Paul Hood

Paul Hood is presently a speaker, consultant and commentator on estate planning issues.  He also serves from time to time as a trust protector and trustee.  A former estate planning and tax attorney in Louisiana, Paul received his undergraduate and law degrees from LSU (he’s a proud Tiger!) and his LL.M. in taxation from Georgetown University Law Center.  He is a frequent speaker, is widely quoted and his articles have appeared in a number of publications, including BNA Tax Management Estates, Gifts and Trusts Memorandum, CCH Journal of Practical Estate Planning, Estate Planning, Valuation Strategies, Digest of Federal Tax Articles, Loyola Law Review, Louisiana Bar Journal, Tax Ideas, Family Foundation Advisor and Charitable Gift Planning News.  He is the author of BNA Portfolio 830 on general valuation.

Paul has spoken at programs sponsored by a number of law schools, including Duke, Georgetown, NYU, Tulane, Loyola (N.O.) and LSU, as well as many other professional organizations.  He taught estate and gift tax at the University of New Orleans for five years, and is now teaching a course on estate planning for the online masters in taxation program for Northeastern University.  From 1996-2004, Paul served on the Louisiana Board of Tax Appeals, a three member board that has jurisdiction over all Louisiana state tax matters.

Paul and Tim Lee wrote a book on business valuation that John Wiley & Sons published in the spring of 2011, and he is presently writing a book on estate planning for blended families that should be out in the spring of 2012.  A proud father of two teen-aged boys, Paul also was a longtime pitching coach, and he is a huge baseball fan.  Paul and his estate planning attorney wife, Carol Sobczak, reside in Napa, California.

Stephan R. Leimberg

Stephan R. Leimberg

Stephan R. Leimberg is CEO of Leimberg and LeClair, Inc., an estate and financial planning software company, President of Leimberg Associates, Inc., a publishing and software company in Bryn Mawr, Pennsylvania, and Publisher of Leimberg Information Services, Inc. which provides e-mail based news, opinion, and information for tax professionals.

Leimberg is the author of numerous books on estate, financial, and employee benefit and retirement planning and a nationally known speaker. Leimberg is the creator and principal author of the entire TOOLS AND TECHNIQUES series including:

A nationally known speaker, Professor Leimberg has addressed the Miami Tax Institute, the NYU Tax Institute, the Notre Dame Law School and Duke University Law School’s Estate Planning Conference, the National Association of Estate Planners and Councils, and the AICPA’s National Estate Planning Forum. Leimberg has also spoken to the Federal Bureau of Investigation, and the National Aeronautics and Space Administration.

Leimberg was awarded the Excellence in Writing Award of the American Bar Association’s Probate and Property Section. He has been honored as Estate Planner of the Year by the Montgomery County Estate Planning Council and as Distinguished Estate Planner by the Philadelphia Estate Planning Council. He is also recipient of the President’s Cup of the Philadelphia Life Underwriters, a two time Boris Todorovitch Lecturer, and the First Ben Feldman Lecturer.

Leimberg was named 1998 Edward N. Polisher Lecturer of the Dickinson School of Law and was a featured speaker at the American Bar Association’s Tax Sections Annual Meeting.

Leimberg is a photography enthusiast who has captured images while traveling the world. In his free time, he publishes his unique gallery of photograhs and digital art work online at www.unseenimages.com.

IMPORTANT NOTICE REGARDING CE CREDIT

The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.

However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.

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