Program Details
2025-11-18 13:00:00
Over 1,000+ webinars
Course Overview
2025-11-18 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 1:30 pm ESTThis session explores the fundamental distinction between grantor and non-grantor trusts, examining how each classification impacts income tax treatment and estate planning. Participants will learn about DNI calculations, compressed tax brackets, and the strategic use of completed versus incomplete gift trusts to optimize tax outcomes.
David A. WarrenWilliam Lipkind 1:30 pm - 2:00 pm ESTExamine the critical importance of jurisdiction selection and how states vary dramatically in their approaches to trust taxation. This session covers landmark cases including Kaestner and Fielding, plus practical strategies for navigating New York and California’s aggressive tax statutes.
David A. WarrenWilliam Lipkind 2:00 pm - 2:10 pm ESTTake a short break to refresh and connect with fellow attendees. Use this time to reflect on the material covered and prepare questions for upcoming sessions.
David A. WarrenWilliam Lipkind 2:10 pm - 2:30 pm ESTThis session addresses the complexities that arise when trusts have international dimensions, particularly the treatment of foreign trusts. Participants will explore the income throwback rules triggered at a grantor’s death and potential workarounds for high-net-worth clients with cross-border considerations.
David A. WarrenWilliam Lipkind 2:30 pm - 2:50 pm ESTExplore the fiduciary duty to consider jurisdiction selection and modern planning tools including decanting, community property trusts, and private placement life insurance. Learn how the South Dakota Community Property Trust provides a 100% step-up in basis and how SLATs can be optimized.
David A. WarrenWilliam Lipkind 2:50 pm - 3:10 pm ESTDiscover how domestic asset protection trusts work in conjunction with tax planning, supported by powerful case law including the Cleopatra decision. This session distinguishes ethical planning for unknown future risks from problematic asset concealment while examining self-settled spendthrift trust structures.
David A. WarrenWilliam LipkindDavid Warren is Co-Founder and Chairman of Bridgeford Trust Company, with extensive experience as an attorney practicing law and working in the financial services industry. He has dedicated his career to serving the trust and wealth management needs of high-net-worth and ultra-high-net-worth families, focusing on leveraging South Dakota’s modern trust laws for personalized solutions prioritizing privacy, asset protection, and tax efficiency.
William Lipkind is chair of Wilson Elser’s Tax Planning & Controversies practice, concentrating in wealth preservation, asset protection, and state and federal income taxation. He counsels closely held businesses and their owners on optimal tax structures, internal governance, mergers and acquisitions, and high-net-worth individuals on intergenerational issues.
David Warren is Co-Founder and Chairman of Bridgeford Trust Company, with extensive experience as an attorney practicing law and working in the financial services industry. He has dedicated his career to serving the trust and wealth management needs of high-net-worth and ultra-high-net-worth families, focusing on leveraging South Dakota’s modern trust laws for personalized solutions prioritizing privacy, asset protection, and tax efficiency.
William Lipkind is chair of Wilson Elser’s Tax Planning & Controversies practice, concentrating in wealth preservation, asset protection, and state and federal income taxation. He counsels closely held businesses and their owners on optimal tax structures, internal governance, mergers and acquisitions, and high-net-worth individuals on intergenerational issues.
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
