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Trusts, Estates & Probate

4.45

Revocable vs. Irrevocable Trusts: Drafting, Administration, Top Uses

Credits Available
Credit Status Total
Alaska CLE Reciprocity 6 Total
Alabama CLE Approved 6 Total
Arkansas CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Iowa CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Indiana CLE Approved 6 Total
Kansas CLE Approved 7 Total
Kentucky CLE Approved 6 Total
Louisiana CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Mississippi CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Jersey CLE Approved 7.2 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Ohio CLE Approved 6 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Approved 6 Total
South Carolina CLE Approved 6 Total
Tennessee CLE Approved 6 Total
Texas CLE Approved 6 Total
Utah CLE Approved 6 Total
Virginia CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
Wyoming CLE Approved 6 Total
OnDemand
5 hours 57 minutes
Neal Jannol
Travis Weaver
Stephen Keogh
Michael Zapson
With Neal B. Jannol from Law Office of Neal B. Jannol + 3 others
Recorded November 20, 2025
Product ID 101158

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Overview

A Foundational Guide to Trusts

Trusts are the essential building block of every estate plan. Do you know exactly when and how they're used for the best effect? This legal guide will walk you through the comparative analysis of revocable and irrevocable trusts from creation through administration, tax consequences, and main uses. Build your trusts knowledge - register today!

  • Explore the best uses for specific irrevocable trusts.
  • Compare revocable living trusts and wills.
  • Clarify key tax reporting differences between revocable and irrevocable trusts.
  • Examine events that trigger conversion from revocable to irrevocable.
  • Get a glimpse of specialized uses of irrevocable trusts, including Medicaid and life insurance planning.

Abbreviated Agenda

  1. Trust Law: Key Terms and Concepts
  2. Revocable Trusts: Types of Trusts and Their Uses
  3. Irrevocable Trusts: Top Structures and Their Uses
  4. Tax Consequences, Treatment and Reporting: Revocable vs. Irrevocable
  5. Trust Administration Differences
  6. Mistakes When a Revocable Trust Becomes Irrevocable
  7. Modifying the Trust: Decanting How-to's
  8. Legal Ethics in Trusts and Estates Practice

Related Topics

Product ID 101158

Credit Details

Credits Available
Credit Status Total
Alaska CLE Reciprocity 6 Total
Alabama CLE Approved 6 Total
Arkansas CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Florida CLE Approved 7 Total
Georgia CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Iowa CLE Approved 6 Total
Idaho CLE Approved 6 Total
Illinois CLE Approved 6 Total
Indiana CLE Approved 6 Total
Kansas CLE Approved 7 Total
Kentucky CLE Approved 6 Total
Louisiana CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Mississippi CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Jersey CLE Approved 7.2 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Ohio CLE Approved 6 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Approved 6 Total
South Carolina CLE Approved 6 Total
Tennessee CLE Approved 6 Total
Texas CLE Approved 6 Total
Utah CLE Approved 6 Total
Virginia CLE Approved 6 Total
Vermont CLE Approved 6 Total
Washington CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
Wyoming CLE Approved 6 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. Trust Law: Key Terms and Concepts

    1. Main Terms Defined
    2. Major Laws Governing Creation and Administration of Trusts
    3. Who are the Main Parties? Their Duties and Responsibilities to a Trust
    4. Determining Your Client's Planning Needs
    5. Reasons for Drafting a Trust

  2. Revocable Trusts: Types of Trusts and Their Uses

    1. Revocable Trusts vs. Wills
    2. Top Revocable Living Trust Structures
    3. Pour-Over Wills

  3. Irrevocable Trusts: Top Structures and Their Uses

    1. Medicaid Income-Only Trusts
    2. Special Needs Trusts
    3. Irrevocable Life Insurance Trusts
    4. Other Irrevocable Trust Structures

  4. Tax Consequences, Treatment and Reporting: Revocable vs. Irrevocable

  5. Trust Administration Differences

    1. Grantor Power in Administration of Revocable Trusts
    2. Trustee Powers
    3. Interpretation of the Trust Instrument
    4. Management of Trust Assets

  6. Mistakes When a Revocable Trust Becomes Irrevocable

    1. Common Triggers of Conversion from Revocable to Irrevocable
    2. Trust Language that Triggers Upon the Death of the Grantor
    3. Asset Protection Oversights When Planning for Conversion from Revocable to Irrevocable
    4. Unwise Choice of Recipient Trust Structure When the Original Trust Splits into Multiple Irrevocable Trusts
    5. Incorrect Interpretation of Trust Language
    6. Improper Execution of Trust
    7. Incompletely Funded Revocable Living Trusts

  7. Modifying the Trust: Decanting How-to's

  8. Legal Ethics in Trusts and Estates Practice

    1. Who is the Client?
    2. Guarding Confidentiality
    3. Attorney Fees and Client Trust Accounts
    4. Client Communications

Who Should Attend

This program is designed for attorneys. Accountants, trust officers, tax professionals, and paralegals may also benefit.

Speakers

Neal B Jannol
Neal B.
Jannol
Law Office of Neal B. Jannol
Travis R Weaver
Travis R.
Weaver
Weaver Firm
Stephen B Keogh
Stephen B.
Keogh
Keogh, Burkhart & Vetter
Michael G Zapson
Michael G.
Zapson
Certilman Balin Adler & Hyman LLP
Speaker bio
Neal B Jannol

Neal B. Jannol

Law Office of Neal B. Jannol
Neal Jannol

is a sole practitioner in Los Angeles at the Law Office of Neal B. Jannol. He has been an attorney for more than 20 years, and concentrates his practice on sophisticated estate and tax planning for individual clients, the representation of individual and corporate fiduciaries, and the administration of estates and trusts. Mr. Jannol's experience includes drafting revocable and irrevocable trusts, business succession planning, premarital planning, charitable gift planning, and all aspects of estate administration and probate procedures. He is a member of the State Bar of California. Mr. Jannol earned his B.A. degree, magna cum laude, from the University of California at Los Angeles and his J.D. degree from the University of California at Berkeley, Boalt Hall School of Law.

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Speaker bio
Travis R Weaver

Travis R. Weaver

Weaver Firm
Travis Weaver

is a partner with the Weaver Firm, where he offers deep legal knowledge and strong personal commitment to helping obtain nursing home benefits, protect assets through a will, claim ownership of inherited property or cash, and negotiate business transactions. Mr. Weaver is a member of the National Academy of Elder Law, State Bar of Texas, Tarrant County Bar Association, Tarrant County Probate Bar Association, Denton County Bar Association and Wise County Bar Association. He earned his B.A degree from Texas A & M University, his M.B.A. degree from Texas Tech University and his J.D degree from Texas Tech University School of Law.

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Speaker bio
Stephen B Keogh

Stephen B. Keogh

Keogh, Burkhart & Vetter
Stephen Keogh

is a partner in the Norwalk law firm of Keogh, Burkhart & Vetter, practicing primarily in elder law and probate law. A magna cum laude graduate of Yale College, Mr. Keogh earned his J.D. degree from Columbia University. He is a member of the Fairfield County, Connecticut and American bar associations, and the National Academy of Elder Law Attorneys. Mr. Keogh is a member of the Board of Directors of the Connecticut Chapter of the National Academy of Elder Law Attorneys, member of the Executive Committee of the Elder Law Section of the Connecticut Bar Association, and past co-chair of the Elder Law Section of the Fairfield County Bar Association. He is also a member of the Community Bioethics Forum, which is sponsored by the Program for Biomedical Ethics at the Yale School of Medicine. Mr. Keogh was the first recipient of the Glenn E. Knierim Pro Bono Award, given by the Connecticut Probate Assembly in April 2012.

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Speaker bio
Michael G Zapson

Michael G. Zapson

Certilman Balin Adler & Hyman LLP
Michael Zapson

is a partner at Certilman Balin Adler & Hyman LLP. He concentrates his practice in trusts and estates, and trust and estate litigation. Mr. Zapson also maintains a real estate zoning and land use practice. He represents executors, trustees, real property owners, national companies, REITs lenders and brokers. Mr. Zapson is a member of the Bar Association of the City of New York, Nassau County Bar Association and Long Beach Lawyers Association. He earned his B.A. degree from Cornell University and J.D. degree from the State University of New York at Buffalo.

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