Illinois CLE Courses
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- Best SellerTrusts
Probate Process From Start to Finish
This practical guide is designed to provide you with detailed knowledge of probate processes and best practices for handling the various issues that may arise. Let our seasoned probate attorneys teach you how to navigate those crucial first steps; handle the personal executive; gather, value and distribute all assets; and successfully complete the final accounting. You will also learn how to anticipate tax pitfalls and handle special issues that may arise. Arm yourself with the foundational knowledge and best practices you need to ensure a smooth administration from start to finish. Register today! Start the case off on the right foot by confidently navigating critical first steps. Advise personal representatives by examining all powers, duties, responsibilities, and compensation guidelines. Gather, value and maintain all assets - and learn when and how to employ a financial expert. Pick up tips for validating, prioritizing, and satisfying creditor claims. Get practical guidance for post-mortem planning, trust administration, and tax hurdles. Discover how to litigate deed contests, lost or contested wills, fiduciary misconduct, and more. Put the decedent's affairs to rest by making distributions, filing the final tax return, and completing the final accounting.
Live Online + OnDemandJun 4, 2:00 PM - Elder Law
Leveraging the Power of Trusts in Medicaid and Disability Planning
Medicaid planning is complex, and specialized trusts can help clients fulfill requirements to fund nursing home care without leaving their family in financial distress. This legal guide offers sample drafting language and expert advice on preserving benefits, maximizing asset protection, and preventing tax disasters. Refine your skills - enroll today! Improve your client intake to determine when a trust is prudent and beneficial. Draft better Medicaid trusts with sample provisions and language advice for specific scenarios. Refine your post-drafting practices to improve the effectiveness of trusts. Ensure meticulous tax reporting and distributions control in every trust. Discover how to make last-minute adjustments when nursing home need is urgent. Tackle practice-specific legal ethics issues and adopt best practices.
Live Online + OnDemandMay 23, 2:00 PM - Trusts
Advanced Estate Planning Conundrums: What Would You Do?
Skip the basics to focus on the latest updates affecting estate planning today. In this full-day course, our seasoned faculty will share their current go-to planning approaches and discuss real-life client scenarios to help you get more out of standard estate planning instruments. Find new approaches to controlling tax burdens and drafting for flexibility in an unpredictable environment. Take full advantage of planning opportunities and customize plans to fit your clients' unique situations and needs. Be ready for anything that clients - or changes in the law - bring to the table. Register today! Discuss how sunsetting TCJA estate/gift tax provisions and recent deregulation trends will shape planning decisions. Include digital assets and cryptocurrency into your estate planning documents. Discover cutting-edge tax tools for middle-class clients. Get insights into planning for difficult clients and complex family dynamics. Build a more robust client base with tips from the pros. Build flexibility into your high-net-worth estate plans. This program was designed in conjunction with NBI’s esteemed 2023-2025 Content Advisory Committee Member Louis Silverman.
Live Online + OnDemandJun 5, 2:00 PM - Best SellerReal Estate
1031 Exchanges: 2025 Guide
Like-kind exchanges are an effective tax tactic but have been under legislative fire in the recent years. Are you confident old approaches still work? Whether you're new to the technique or just looking for a refresher, this practical overview will give you all the information you need to use 1031 exchanges tax efficiently and without error. Register today! Get a legal update and outlook for the future of the practice. Explore types of exchanges and their best uses. Review common mistakes made in choice of property and timing of the exchange. Make certain tax reporting is beyond reproach. Examine conversions to and from investment property and prevent key problems.
Live Online + OnDemandJun 11, 2:00 PM - Trusts
The Probate Playbook: Beginner's Guide to Client Communication and Procedures
Administering an estate requires impeccable knowledge and strict adherence to rules, as well as a great degree of coordination between all the parties involved. In this full-day fundamentals course, experienced probate practitioners will walk you through every step of the process. Explore critical probate processes and adopt best practices for handling the challenges that may arise: managing crucial first steps; gathering, managing, and distributing assets; balancing the final account, and more. Ensure a smooth administration from start to finish. Register today! Prepare for meeting grieving clients - and tackling tough issues with tact and efficiency. Help personal representatives fulfill their duties: map out their tasks and case deadlines. Outline the rights and limitations of creditors in probate and map out the claims process. Ensure all tax liabilities are covered and returns filed before the estate is closed. Wrap up the estate properly with balanced final accountings and thorough final distributions. Get tips for litigating deed contests, lost or contested wills, fiduciary misconduct, and more.
Live Online + OnDemandJun 13, 2:00 PM - Trusts
Income Taxation of Trusts, Estates, and Individuals
Income tax is one of the top priority drivers when it comes to wealth preservation and transfer. Get the fundamental overview of income taxation of trusts and estates and practical guidance on planning tools to control tax burdens. Register today! Get an update on the governing laws and regulations. Distinguish between taxable and accounting income. Explore common trust deductions and learn how to claim them correctly. Review the key income tax forms and checklists to prevent inconsistencies and errors. Learn how the estate's deductions and administrative expenses are properly recorded. Guard your professional reputation with a tailored legal ethics instruction.
Live Online + OnDemandJun 27, 2:00 PM - Business & Securities Law
LLCs: Member-Managed vs. Manager-Managed
How are operating agreements written to accommodate for different managerial situations? What tax procedures direct the actions of a manager vs. a member? Learn how to advise LLC members in structuring their enterprise and how to overcome difficult tax or member-manager disputes. Register today! Prepare for organizing and advising LLC members on the various procedures of LLCs. Learn how to create comprehensive operating agreements that address common management misconceptions. Acknowledge the benefits and drawbacks of both member-managed and manager-managed LLCs. Prevent common tax hurdles and streamline the LLC process. Resolve member-manager complaints and correct misconduct.
Live Online + OnDemandJun 26, 2:00 PM - Trusts
Understanding Trusts: Why Some Structures Provide More Protections Than Others
When assessing complex information, it often helps to break items into basic building blocks. The same approach can be successful when dealing with trusts. Be prepared for specific challenges associated with various types of trusts by understanding their unique characteristics. Our intensive full-day primer will provide you with a comprehensive overview of the wide variety of trusts available. Register today! Learn what not to do when selecting and drafting a trust to avoid common mistakes. Learn how to choose the most beneficial vehicle for preserving your client's wealth: understand the purpose behind the various types of trusts. Save money on taxes with effective use of trusts. Determine whether a client qualifies as a beneficiary of a special needs trust. Don't reinvent the wheel - modify our sample trust documents and use our drafting tips to create airtight trusts.
Live Online + OnDemandJun 18, 2:00 PM - TrustsNew!
Advanced Estate Administration: Final Accounting Strategies
The final accounting is the apogee of all the hard work the personal representative does in administering the estate. While simple on its face, it can be incredibly frustrating to ensure it's accurate and balanced. This practical guide skips the basics and offers complex strategies and case studies to help you prevent costly delays and disputes. Shed light on the gray areas: from valuation of rare assets to income-producing property, and more. Refine and update your approaches - register today! Improve the way you structure final accountings to streamline the process and prevent mistakes. Explore tough scenarios in valuing and recording receipts. Identify key problem areas in balancing final accounts and get tools for finding and correcting top issues. Learn how to handle objections to final accounting. Benefit from seasoned practitioners' experience and analysis. Ensure tax reporting stands up to scrutiny.
Live Online + OnDemandJul 28, 2:00 PM - Trusts
Estate and Trust Administration: Key Tasks, Forms, Procedures and More
All the planning instruments are put to the real test when the person passes away and their affairs are to be laid to rest. Do you have the knowledge, skills, and resources to ensure the estate and trust administration go off without a hitch? This practical legal guide will take you through the process step-by-step and give you the know-how for managing estate assets, trust distributions, tax reporting, and much more. Register today! Get a first handle on tax deadlines, extensions and required supporting documents. Choose the right form of administration for each case and prepare for its unique demands. Walk through the essential elements of the estate closings. Explore key trust administration tasks and trustee duties and powers. Guard your professional reputation with a legal ethics guide that focuses on trusts and estates practice. Get practical tips for handling creditor demands and managing estate assets.
Live Online + OnDemandJun 30, 3:00 PM - Business & Securities Law
Contracts for the Sale of Goods: A Detailed Overview
Goods contracts are the grease on the wheels of commerce today. To make supply and consumer relationships work, each simple agreement must be clear and enforceable. Have you reviewed yours lately? This legal course offers a comprehensive overview of the Article 2 of the UCC and other law governing the sale of goods. Attendees will gain a solid foundation in the legal principles and tactical considerations relevant to drafting, negotiating, and trouble-shooting contracts involving the sale of goods. Build your skills - register today! Clarify the scope and applicability of Article 2 of the UCC. Identify and analyze the essential elements of a valid sales contract. Spot, use, and balance out pro-buyer and pro-seller contract language. Apply UCC Rules governing contract formation and performance. Plan for and allocate tax liability in sale of goods transactions. Employ remedies available for non-performance and breach of contract.
Live Online + OnDemandJun 25, 2:00 PM - TrustsNew!
Charitable Tactics in the Year of Uncertainty
Charitable giving is an integral part of estate planning for many, and attorneys play a crucial role in advising clients on the most effective and tax-efficient ways to incorporate it into their estate plans. This course will cover current charitable tactics, relevant rules, and potential challenges that attorneys must consider when structuring and implementing charitable tools. Gain practical knowledge of various charitable giving vehicles, from bequests and QCDs to complex trusts and private foundations, and tailor them to each client's unique goals. Register today! Compare DAFs and private foundations, including structure and operational demands. Improve your due diligence to ensure the intended charity is qualified. Explore tax implications and compliance requirements of corporations' charitable activity.
Live Online + OnDemandJul 15, 2:00 PM
Illinois CLE Courses
Learn More About Illinois CLE Courses
NBI provides a diverse catalog of Illinois CLE courses across numerous legal practice areas and specialties. To help you get the most out of our courses, NBI offers several different formats to meet your learning needs and fit your schedule. NBI courses are taught by expert instructors with years of experience in their field. Our accreditation experts ensure that each and every Illinois CLE course is pre-approved where possible and appropriately accredited pursuant to Illinois CLE Requirements. You can count on NBI to provide you with the knowledge you need to provide top-notch legal representation. Your clients depend on you. You can depend on NBI.