In this on-demand webinar, we will discuss the basic documents of estate planning: wills, trusts, advance medical directives, and powers of attorney. We will also talk about their usage in the context of an estate plan, as well as common drafting errors. Incapacity planning will be discussed along with advanced uses for powers of attorney, including common challenges during the implementation of these legal instruments. We will also discuss the standards of capacity for executing an estate plan.
Paralegals/Legal Assistants are often witnesses to wills, trusts, and other estate planning tools. When is a client able to sign? When is a client unable to sign? How does a paralegal/legal assistant best document a file when there is an issue of capacity? These and other questions are addressed. The speaker analyzes different tax issues relating to estate planning. The current estate tax exemption, as well as common questions relating to tax basis and tax avoidance, are covered.