Estate Planning 101: Different Types & Uses of Trusts


CLE Credits earned: 2 GEN

Attendees will receive a detailed explanation on the various types of trusts that exist, how they are used, advantages/disadvantages, and drafting tips and considerations. This program will cover basic trusts and the key differences between them. The trust will fall into categories: the fundamental trusts, elder care planning trusts, estate tax planning trust, asset protection trusts, and other miscellaneous trusts.

Key topics to be discussed:

•   Fundamental Trusts
•   Elder Care Planning Trusts
•   Estate Tax Planning Trusts
•   Asset Protection Trusts

Date / Time: December 3, 2018

•   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.

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Original Broadcast Date: July 12, 2018

Elizabeth Fernandez, Esq. is the Senior Trusts & Estates Associate at EPGD Trusts & Estates. She received her B.A. in Political Science from Florida International University, and is a Lifetime Member of the FIU Alumni Association. Elizabeth earned her Juris Doctor with honors from St. Thomas University School of Law. While at St. Thomas, she was the President of the St. Thomas University Chapter of the Cuban American Bar Association and briefly served as Executive Vice President of the St. Thomas University Trial Team. Elizabeth received the CALI Book Award for Administrative law and earned Dean’s List distinctions several times. Before joining EPGD Law, Mrs. Fernandez interned at the City of Miami City Attorney’s Office, where she assisted in civil litigation matters, and the CABA Pro Bono Project.

Elizabeth is involved in the following professional associations:
• Dade County Bar Association
• South Miami Kendall Bar Association
• Cuban American Bar Association

Elizabeth is fluent in Spanish and is admitted to practice law in the State of Florida. She is also admitted to practice before the U.S. District Courts for the Southern District of Florida, and the U.S. Tax Court. In her spare time, Elizabeth enjoys attending sporting events and concerts, and spending time with her family.

Elizabeth focuses her practice on Estate Planning, Wills, Trusts, Guardianship, Probate, and Advanced Directives.

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Section I: Introduction to Trusts
a) History and Origin of Trusts
b) Key Terms and Definitions
c) Goals of Trusts
d) Basic Requirements for Trusts
e) Jurisdictional Considerations

Section II: Fundamental Trusts
a) Revocable Living Trust
b) Grantor Trust
c) Irrevocable Living Trust
d) Testamentary Trust
e) Minor’s Trust
f) Spendthrift Trust
g) Blind Trust
h) Discretionary Trust
i) Charitable Trust

Section III: Elder Care Planning Trusts
a) Third Party Special Needs Trust
b) First Party Special Needs Trust
c) Medicaid Trust
d) Qualified Income Trust
e) VA Eligibility Trust
f) Spousal Testamentary Special Needs Trust
g) Pooled Trust

Section IV: Estate Tax Planning Trusts
a) Intentionally Defective Grantor Trust
b) Credit Shelter Trust
c) Marital Trust
d) QTIP Trust
e) Qualified Personal Residence Trust
f) Generation Skipping Trust
g) Grantor Retained Annuity Trust (GRAT)
h) Charitable Remainder Annuity Trust (CRAT)
i) Charitable Lead Annuity Trust (CLAT)
j) Charitable Remainder Unitrust (CRUT)
k) Charitable Lead Unitrust (CLUT)
l) Sharkfin Charitable Lead Annuity Trust
m) Irrevocable Life Insurance Trust (ILIT)
n) Buildup Equity Retirement Trust
o) Grantor Retained Unitrust (GRUT)
p) Grantor Retained Income Trust (GRIT)

Section V: Asset Protection Trusts and Other Types of Trusts
a) Domestic Asset Protection Trust
b) Offshore Asset Protection Trust
c) Totten Trust
d) Land Trust
e) Gun Trust
f) IRA Trust
g) Pet Trust

Section VI: Drafting Techniques and Considerations