[Audio Download] The Missouribar – 2020 Drafting Distribution Provisions in Trusts
[Audio Download] The Missouribar – 2020 Drafting Distribution Provisions in Trusts
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Description
- Practice Area:
- Trusts, Estate Planning & Probate
- Format:
- Audio Only
Description
- Risks of discretionary distributions – power of appointment, taxable inclusion, litigation
- Cost/benefit of heavily detailed v. general distribution provisions
- Ascertainable standards – health, education, maintenance, and support (HEMs)
- Drafting sole and absolute discretion, emergencies, best interests, and standard of living
- Role of fiduciary duties in making distribution decisions
- Tax considerations when making distributions
This material can only be used for self-study credit. A lawyer can receive up to six hours of self-study credit. Self-study programs don’t qualify for ethics, elimination of bias or Kansas credit.
Materials
| Materials |
Faculty
Daniel L. Daniels Related seminars and products: 1
Daniel L. Daniels. His practice focuses on representing business owners, corporate executives and other wealthy individuals and their families. He is a Fellow of the American College of Trust and Estate Counsel and has been named one of the Top 100 Lawyers in the United States. Mr. Daniels is a co-author of a monthly column. Mr. Daniels received his A.B., summa cum laude, and his J.D., from Harvard Law School.
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