Estate Planning Building Blocks: Preparing for the client meeting
R. Lance Pruitt |
Prior to his current employment, Mr. R. Lance Pruitt practiced law for several years, concentrating his practice in the areas of estate and tax planning, tax litigation, estate administration, and corporate law.
On-Demand:June 16, 2023
$195.002 hour CLE
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This topic is a basic primer to prepare one for the initial client meeting, so that a thorough estate plan can be prepared and implemented that accomplishes all the client’s goals. We will review basic estate planning terms and concepts, including the key parties that comprise an estate plan. We will explore basic decision making that is done in that first meeting, including information to gather in advance of the first meeting.
Key topics to be discussed:
Key parties to an estate plan
Basic documents that comprise and estate plan
Benefits of trust planning
Basic trust design
Trustee selection – trustee options with pros and cons of each option
Revocable Living Trusts
Date: June 16, 2023
R. Lance Pruitt
Prior to his current employment, Mr. R. Lance Pruitt practiced law for several years, concentrating his practice in the areas of estate and tax planning, tax litigation, estate administration, and corporate law. Mr. Pruitt earned his B.S. degree from the University of Tennessee at Knoxville, his J.D. degree from Southern Illinois University School of Law, and his LL.M. degree in taxation from the University of Missouri-Kansas City School of Law. Mr. Pruitt was also an adjunct professor for several years at Tusculum College (Knoxville campus) where he taught Business Law.
I. Key parties to an estate plan | 10:00am – 10:20am
II. Basic documents that comprise and estate plan | 10:20am – 10:40am
III. Benefits of trust planning | 10:40am – 11:00am
Break | 11:00am – 11:10am
IV. Basic trust design | 11:10am – 11:30am
V. Trustee selection – trustee options with pros and cons of each option | 11:30am – 11:50am