Posts by Kristina Schneider
Using a Corporate Trustee to Obtain Jurisdiction in a First-Tier Trust State
By Steven J. Oshins, Esq., AEP (Distinguished)There is a misconception that using a corporate trustee, such as a bank or trust company, is difficult and costly. However, this couldn’t be further from the truth. This misconception causes roughly 99% of estate planners to avoid using other states’ more favorable trust laws which therefore harms their…
Read MoreQ&A with Phil: Quoting Fees, Charging for Initial Meetings & Having Paralegals Conduct Signing Meetings
By Philip J. Kavesh, J.D., LL.M. (Taxation), CFP®, ChFC, California State Bar Certified Specialist in Estate Planning, Trust & Probate Law Over the past few months, I’ve noticed that I frequently get the same questions from people and I thought that it’d be helpful to share some of these questions and answers with others in…
Read MoreThe Strange Case of Dr. Jekyll and Mr. Oshins: DAPTs vs. Hybrid DAPTs
By Steven J. Oshins, Esq., AEP (Distinguished) Testing his theory that in every man dwells a good and an evil force, the reserved Dr. Jekyll develops a formula that separates the two, turning him into an argumentative estate planning attorney named Mr. Oshins who tells it like it is. Dr. Jekyll soon realizes he is…
Read MoreThe Strange Case of Dr. Jekyll and Mr. Oshins: Nevada vs. Delaware Dynasty Trusts
By Steven J. Oshins, Esq., AEP (Distinguished) Testing his theory that in every man dwells a good and an evil force, the reserved Dr. Jekyll develops a formula that separates the two, turning him into an argumentative estate planning attorney named Mr. Oshins who tells it like it is. Dr. Jekyll soon realizes he is…
Read MoreWhat Trust Jurisdictions Other than Alaska, Delaware, Nevada and South Dakota Are Best?
By Steven J. Oshins, Esq., AEP (Distinguished)Some of these jurisdictions are up-and-comers and others are underrated. This article focuses on the “Other Four States”. Most practitioners focus on Alaska, Delaware, Nevada and South Dakota as the Big Four States when it comes to selecting a trust situs. These four states collectively receive a substantial amount…
Read More2019 ABA Heckerling Reports from 53rd Annual Heckerling Institute
For the past 22 years, the American Bar Association Section of Real Property, Trust and Estate Law with the permission of the University of Miami School of Law, releases several extensive reports highlighting the various lectures and proceedings of the Heckerling Institute, one of the nation’s largest estate planning conferences, held every year in January.…
Read MoreTop Mistakes Attorneys Make Marketing Their Seminars
By Kristina SchneiderMany estate planning attorneys think that seminars don’t work—for a variety of reasons. Some of these reasons may be valid, but the most common reason that I find when I talk to estate planning attorneys is they say, “I tried it and they didn’t work.” It’s then that we begin to have a…
Read MoreGrantor Retained Annuity Trusts for the Large Estate
By Steven J. Oshins, Esq., AEP (Distinguished)The federal estate and gift tax exemption is at an all-time high, thereby leaving only a tiny percentage of people who have taxable estates. This shift in demand for advanced estate tax planning has similarly reduced the number of estate planners who handle advanced estate tax planning, an expected…
Read More529 Misconceptions About 529 Plans
By Alan S. Gassman J.D., LL.M. (Taxation), Florida State Bar Certified Specialist in Wills, Trusts & Estates, AEP (Distinguished) Internal Revenue Code Section 529 was enacted in 1996 to allow interest, dividends, and capital gains that occur under mutual fund-like wrappers to be tax-free if the entire fund is spent on qualified educational expenses. The 2017 Tax…
Read MoreHow to Use Bonuses to Incentivize Your Staff
By Philip J. Kavesh, J.D., LL.M. (Taxation), CFP®, ChFC, California State Bar Certified Specialist in Estate Planning, Trust & Probate LawIn this newsletter article, I talked about how to use bonuses to incentivize your associate attorneys. In this article, I will address how to also incentivize your support staff. The principles are basically the same, but…
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