NC Specific

Trusts, Estates & Probate

4.75

Step-by-Step Guide to Drafting Wills and Trusts in North Carolina

Credits Available
Credit Status Total
North Carolina CLE Approved 6 Total
New York CLE Approved 7 Total
Pennsylvania CLE Approved 6 Total
North Carolina Continuing Paralegal Education Approved 6 Total
OnDemand
5 hours 59 minutes
David Tarbet
Elizabeth Arentz Smith
Jason Walls
Scott Donaldson
Stephanie Hufnagle
Jennifer Bogacki
With David Tarbet from The Banks Law Firm + 5 others
Recorded August 23, 2024
Product ID 98618

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Overview

Complete With Essential Sample Forms, Tax Tactics, and Troubleshooting Solutions

Do you have all the information you need to draft customized testamentary documents for each of your clients? Don't spend years gathering precious bits of legal practice wisdom - our experienced attorney faculty are here to share their time-tested methods of identifying clients' needs and creating custom-tailored wills and trusts to fit each specific situation. This legal primer offers all the tools and sample forms to get you started. Get the fundamental skills you need to build your estate planning practice - register today!

  • Get practical will and trust drafting skills to speed up the process and give the testator's last wishes power.
  • Stave off conflicts of interest with a clear determination of who your client is from the start.
  • Learn how to deal with interested relatives who want to be present at all the planning meetings.
  • Explore the pros and cons of using a revocable living trust in the will's stead and find out when it's a better option.
  • Explore the functions and mechanics of major trust structures - and make certain you choose the right tool for each job.
  • Give each provision full power with precise word choices - get sample forms to speed up the process.
  • Make sure your remarried and unmarried clients know the default inheritance laws and help them make sure the right beneficiaries are assigned.
  • Anticipate key tax issues, including individual income tax planning and trust taxation.
  • Phrase the fiduciary and beneficiary designations to leave no room for misinterpretation.
  • Help your clients make the tough medical decisions regarding long-term care, end-of-life and organ donation.
  • Learn how to verify and document the testator's competency to close the door on any potential will contests.

Abbreviated Agenda

  1. Key Elements of Effective Wills
  2. Trusts as Alternatives to Wills
  3. Basic Tax Concerns
  4. Documenting Long-Term Care, Incapacity, and End-of-Life Decisions
  5. Planning for Unmarried and Remarried Couples
  6. Ethics

Related Topics

Product ID 98618

Credit Details

Credits Available
Credit Status Total
North Carolina CLE Approved 6 Total
New York CLE Approved 7 Total
Pennsylvania CLE Approved 6 Total
North Carolina Continuing Paralegal Education Approved 6 Total
Select Jurisdiction
CLE
Paralegal

Agenda

All times are shown in

  1. Key Elements of Effective Wills

    1. Establishing Statutory Framework
    2. Types of Wills
    3. Verifying and Documenting the Testator's Competency
    4. Beneficiary Designations in Retirement Plans and Life Insurance
    5. Pension Distributions During and After Life
    6. Titling Assets
    7. Designating Fiduciaries
    8. Planning for Disabled Children
    9. Sample Will Verbiage
    10. Sample Forms
    11. Updating Will Documents

  2. Trusts as Alternatives to Wills

    1. When to Recommend a Trust Over a Will
    2. Types and Functions of Trusts
    3. Selecting Trustee(s)
    4. Choosing Trust Situs
    5. Trust Funding Basics
    6. Sample Forms

  3. Basic Tax Concerns

    1. Get Updated on Changing Legislation and Case Law
    2. Federal Estate and Gift Tax Update
    3. Assess the Impact of the State Estate Tax
    4. Individual Income Taxes - Issues You Need to Look At
    5. Generation Skipping Transfer Tax - Recent Changes
    6. Trust Taxation Basics
    7. Disclaimer Trusts
    8. Crummey Powers and the IRS
    9. Frequently Asked Questions About Fiduciary Taxes
    10. Tips for Calculating Tax Deductions
    11. Why a Comparison to Neighboring States' Taxes is Important

  4. Documenting Long-Term Care, Incapacity, and End-of-Life Decisions

    1. Basic Medicaid Planning
    2. Long-Term Care Options and Planning in a Nutshell
    3. Advance Medical Directives
    4. Powers of Attorney
    5. DNR Orders and Organ Donation Considerations

  5. Planning for Unmarried and Remarried Couples

    1. Pre- and Post-Marital Agreements
    2. Planning for Children From Previous Marriage(s)
    3. Estate Planning for Same Sex Couples

  6. Ethics

    1. Defining Who Your Client Is From the Start
    2. Handling Clients With Diminishing Mental Capacity
    3. Lawyers Acting as Fiduciaries
    4. Practicing Before the IRS
    5. Conflicts of Interest

Who Should Attend

This basic level online seminar offers foundational will and trust drafting skills that will benefit:

  • Attorneys
  • Paralegals
  • Trust Officers and Personal Representatives
  • Estate Planners
  • Accountants and CPAs
  • Tax Professionals

Speakers

David Tarbet
David
Tarbet
The Banks Law Firm
Elizabeth Arentz Smith
Elizabeth
Arentz Smith
Wyrick Robbins Yates & Ponton LLP
Jason Walls
Jason
Walls
The Walls Law Group
Scott S Donaldson
Scott S.
Donaldson
Donaldson Law PLLC
Stephanie N Hufnagle
Stephanie N.
Hufnagle
Narron Wenzel, P.A.
Jennifer L Bogacki
Jennifer L.
Bogacki
The Vernon Law Firm, P.A.
Speaker bio
David Tarbet

David Tarbet

The Banks Law Firm
David Tarbet

is a principal in the Durham office of The Banks Law Firm. He has extensive experience in creating unique estate plans for individuals that aid their families, friends, and beneficiaries in times of loss. Mr. Tarbet understands the tax ramifications and tax planning techniques available to lessen the tax burdens on the transfer of wealth between generations. He earned his B.A. degree from Brigham Young University, his J.D. degree from the University of Iowa College of Law, and his Master of Law in taxation from the University of Washington School of Law.

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Speaker bio
Elizabeth Arentz Smith

Elizabeth Arentz Smith

Wyrick Robbins Yates & Ponton LLP
Elizabeth Arentz Smith

is an attorney with the law firm of Wyrick Robbins Yates & Ponton LLP in Raleigh. She is a member of the firm's trust and estates practice group. Ms. Arentz Smith's experience includes assisting clients in the preparation of estate plans ranging from simple wills to complex and sophisticated trusts. Additionally, she has represented trustees and executors in the administration of trusts and estates, assisting them in the proper implementation of a decedent's estate plan and effective discharge of their fiduciary duties. Ms. Arentz Smith earned her B.A. degree from Wittenberg University and her J.D. degree from The Ohio State University Moritz College of Law.

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Speaker bio
Jason Walls

Jason Walls

The Walls Law Group
Jason Walls

is the founder and principal of The Walls Law Group in Raleigh, North Carolina, where he focuses his practice in the areas of estate and business planning, asset protection, business organization and succession, probate and trust/estate administration. He is a member of WealthCounsel and the North Carolina Bar Association. Mr. Walls also serves as an adjunct professor at the School of Law, Campbell University. He earned his B.A. degree from North Carolina State University and his J.D. degree from School of Law, Campbell University.

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Speaker bio
Scott S Donaldson

Scott S. Donaldson

Donaldson Law PLLC
Scott Donaldson

is a solo practitioner at Donaldson Law PLLC, where he handles a wide range of legal matters with a strong focus on estate planning and administration, probate, creditor rights, family law, personal injury, and litigation. Mr. Donaldson earned his M.S. degree from the Univeristy of Cincinnati and his J.D. degree from Campbell Law School. He is a member of the North Carolina State Bar and is admitted to practice law in North Carolina.

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Speaker bio
Stephanie N Hufnagle

Stephanie N. Hufnagle

Narron Wenzel, P.A.
Stephanie Hufnagle

is an attorney at Narron Wenzel, P.A., where she focuses her practice on estate planning, trusts, and corporate transaction work and succession planning. She assists clients with their estate planning needs, large and small, and also has experience in corporate governance, and customs and international trade law. Ms. Hufnagle earned her B.S. degree, magna cum laude, from the University of North Carolina at Chapel Hill; and her J.D. degree, magna cum laude, from University Law Center. She is a member of the North Carolina Bar Association. Ms. Hufnagle is admitted to practice law in North Carolina and the District of Columbia.

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Speaker bio
Jennifer L Bogacki

Jennifer L. Bogacki

The Vernon Law Firm, P.A.
Jennifer Bogacki

is a partner and attorney at The Vernon Law Firm, P.A. where she maintains a general practice focusing primarily on estate planning and administration, immigration, and employment law. With over 15 years of experience as a lawyer, Jennifer is known for her compassionate approach to clients and has built a reputation for providing tailored, strategic solutions that ensure her clients' financial and personal goals are met with clarity and precision. She offers practical, clear guidance on how to handle estate matters, from drafting documents to navigating the probate process.  Jennifer holds a Juris Doctor degree from Suffolk University Law School. She is dually licensed in North Carolina and Massachusetts.  Jennifer is dedicated to giving back to her community and has served on several nonprofit boards and, along with her spouse, is a certified foster parent.  When not working, Jennifer enjoys watching her daughters compete in soccer games, playing with her dogs, and gardening.

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In the unlikely event that NBI cancels or reschedules an upcoming program, each registered attendee will be contacted via email by a representative of NBI. Outreach to attendees begins as soon as NBI is made aware that a program will not move forward at its originally scheduled date and time.
Are multiple attendee discounts available?
Yes, the more people you bring from your organization, the more you save. After the first registration, each additional attendee receives a special discount off of their total tuition.
When will the OnDemand be available and how long will I have access to the content?
The OnDemand Video will be available to stream within 14 days of live broadcast date. You will have access to the content for 6 months in your account. If you’re a subscriber, you’ll have access to your course recordings until 7 days after the expiration date of the subscription.
What is included with my course purchase?
When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time. With each course, you will receive access to the content via OnDemand Streaming and the Video Download. Course reference materials are included with each course purchase in a downloadable PDF format.
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Yes, we'll email you a certificate of completion and store in your account for any future reporting needs.
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While only paid registrants can receive continuing education credit for attending, there are no limitations to the number of viewers at each connection.

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