Basics of Estate Planning: Understanding Estate Planning Strategies and Basic Wills and Trusts


CLE credits earned: 2 GENERAL (or 2 LAW & LEGAL for WA state)

This presentation will discuss basic estate planning documents and techniques. We will discuss the basic estate planning documents of: Wills and Trusts; how they are used; tax, asset protection, and other considerations regarding wills and trust; and different drafting options for each. We will discuss the differences between approaches, and when to use one type of planning versus another. We will go through each document article by article, explaining key terms, why they are in the document, why they are important, different options that can be used, and what each means. We will discuss the key players in each document, who they are, what role they serve, who should be selected for each role. Lastly, we will explain big picture probate and tax planning topics common in basic estate planning discussions.

By the end of the presentation, viewers will understand the different basic estate planning options, all key people involved, all articles that should be included and why, the meaning of all important terms related to basic Wills and Trusts, and different probate and tax issues involved in basic estate planning.

Key topics to be discussed:

•   The purpose of estate planning
•   Basic drafting features of Wills and basic Trusts
•   Important/key features and terms within Wills and basic Trusts
•   Tax, asset protection and other key considerations in selecting which type of will/trust and what terms should be used and why
•   Typical, options and alternatives that can be used in Wills and basic Trusts

Date / Time: September 9, 2019

•   2:00 pm – 4:00 pm Eastern
•   1:00 pm – 3:00 pm Central
•   12:00 pm – 2:00 pm Mountain
•   11:00 am – 1:00 pm Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Select your state to see if this class is approved for CLE credit.

Choose the format you want.


Original Broadcast Date: September 9, 2019

Michael M. Rubenstein, Esq. is a Wealth Director for BNY Mellon Wealth Management in its Naples office. In this role, he is responsible for new business development in Southwest Florida, and works with individuals and families to identify how BNY Mellon Wealth Management’s investment and wealth management capabilities can help them reach their overall financial goals. Michael joined BNY Mellon in 2018.

Michael has over ten years of experience in the financial services, wealth management, and legal industries, providing holistic wealth management services to high net worth individuals, families, foundations and trusts. Prior to joining BNY Mellon, Michael was a tax, wills, trusts and estates attorney at Akerman LLP, where his practice focused on estate planning, asset protection, probate administration, and tax law. He also previously served as a Trust and Estate Settlement Officer at SunTrust Bank Private Wealth Management, and an Associate Client Advisor at Bessemer Trust Company.

Michael received his Bachelor of Science (BS) from Vanderbilt University, where he graduated cum laude, his Juris Doctor (JD) and Master of Business Administration (MBA) from the University of Miami, and his Master of Laws (LL.M) in Taxation from Villanova University. Michael is a Certified Trust and Financial Advisor (CTFA) and has passed Level 1 of the Chartered Financial Analyst (CFA) examination. Michael is licensed to practice law in both Florida and New Jersey.

Michael currently lives in Naples with his wife and three children.

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Section I. The Purpose of Estate Planning

Section II. Different Options Regarding Estate Planning

Section III. Tax Considerations Driving Which Documents to Use and Key Terms Within the Documents

Section IV. Article by Article Break Down of a Sample Will and Revocable Trust

Section V. Discussion of Different Options Within Each Article and When to Use Them

Section VI. Proper Signature, Notarization and Storage of the Will and Trust

Section VII. Proper Review and Update Procedures