Program Details
2025-05-15 13:00:00
Over 1,000+ webinars
Course Overview
2025-05-15 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 2:00 pm ESTThis session introduces the HEMS (health, education, maintenance, support) standard as an ascertainable standard for trust distributions, exploring its definition, significance, and common applications in estate planning. Attendees will examine the scope of qualifying expenses across all four categories, review practical case studies, and learn key drafting considerations to avoid common pitfalls while maintaining compliance.
Maria Cecilia Rachadell
Andrew White 2:00 pm - 2:10 pm ESTA brief intermission allowing attendees to refresh before continuing with the second session. Use this time to review notes and prepare questions for the upcoming tax-focused discussion.
Maria Cecilia RachadellAndrew White 2:10 pm - 3:10 pm ESTThis session dives into IRC Section 2041 and how HEMS creates a critical safe harbor preventing general power of appointment classification and adverse estate tax consequences. Participants will explore strategies for allowing beneficiaries to serve as trustees without tax implications, examine key court decisions including Kaestner and Hyde, and learn drafting techniques for bifurcating trustee roles.
Maria Cecilia RachadellAndrew WhiteExperienced international business lawyer with more than 25 years of practice and specific knowledge of the Latin America market. Expert in international tax, wealth and estate planning, mergers & acquisitions, complex commercial litigation, and international arbitration.
Brings over two decades of experience advising clients on estate planning and trust administration. Known for his efficient, client-focused approach with thoughtful, steady guidance tailored to client needs.
Experienced international business lawyer with more than 25 years of practice and specific knowledge of the Latin America market. Expert in international tax, wealth and estate planning, mergers & acquisitions, complex commercial litigation, and international arbitration.
Brings over two decades of experience advising clients on estate planning and trust administration. Known for his efficient, client-focused approach with thoughtful, steady guidance tailored to client needs.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
