NM Specific

Trusts, Estates & Probate

4.64

New Mexico Estate Planning 2024: New Laws, Old Tools, and the Changes You Need to Make

Credits Available
Credit Status Total
New Mexico CLE Approved 6 Total
OnDemand
6 hours 2 minutes
Lisa Cosper
John Budagher
Marcos Trujillo
JulieAnne Leonard
With Lisa Cosper from Sutin Thayer & Browne + 3 others
Recorded August 22, 2024
Product ID 99227

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Overview

Get Critical Tools for Shaping Your Clients' Legacies

This timely practice update offers a practical analysis of the recent and proposed legal and tax changes affecting trusts and estates and provides a review of the new tools to adapt to the changing regulatory environment. Provide your clients with the most up-to-date representation: register today!

  • Learn which deductions remain and how to obtain them.
  • Identify planning approaches that no longer help your clients.
  • Gain practical pointers for fixing old trusts.
  • Glean the future of the practice with a practical analysis of the ongoing and upcoming regulatory efforts.

Abbreviated Agenda

  1. What's New in Planning for Large Estates and Complex Assets
  2. Old Small- to Medium-Sized Estate Tools and How to Update Them
  3. Reviewing Estate Planning Documents and Old Trusts
  4. Elder Law and Medicaid Planning Updates
  5. Planning for IRAs in Light of the SECURE Act and SECURE 2.0
  6. Legal Ethics in Estate Planning

Related Topics

Product ID 99227

Credit Details

Credits Available
Credit Status Total
New Mexico CLE Approved 6 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. What's New in Planning for Large Estates and Complex Assets

  2. Old Small- to Medium-Sized Estate Tools and How to Update Them

    1. Simple Wills
    2. Life Insurance
    3. Old QPRTs: What to Do with the Family Home
    4. Reassessing FLPs and LLCs
    5. Joint Tenancies, Income Tax Basis, and Estate Tax Treatment
    6. Second Marriage Planning
    7. Gifting Strategies

  3. Reviewing Estate Planning Documents and Old Trusts

    1. Stock Language to Look out for
    2. AI-Assisted Drafting: Legal Risks and Opportunities
    3. Document Execution, Funding Mistakes
    4. Avenues for Making the Changes
    5. Top Estate Planning Mistakes: How They Play out in Probate

  4. Elder Law and Medicaid Planning Updates

    1. Financial Powers of Attorney
    2. Advance Medical Directives
    3. Adult Guardianships
    4. Planning for Nursing Home Care and Aging in Place
    5. Medicaid Planning

  5. Planning for IRAs in Light of the SECURE Act and SECURE 2.0

    1. The End of the IRA Stretch
    2. Beneficiary Designations
    3. Required Minimum Distributions
    4. Tax Effects on Grantors and Beneficiaries
    5. IRA Trusts

  6. Legal Ethics in Estate Planning

    1. Who is Your Client?
    2. Joint Representation and Conflicts of Interest
    3. Attorney Fees and Client Trust Accounts
    4. Attorney Technology Competence
    5. Guarding Confidentiality

Who Should Attend

This intermediate level online seminar is designed for:

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

Speakers

Lisa Cosper
Lisa
Cosper
Sutin Thayer & Browne
John A Budagher III
John A.
Budagher, III
Budagher & Tann
Marcos A Trujillo
Marcos A.
Trujillo
Sutin, Thayer & Browne
JulieAnne Leonard
JulieAnne
Leonard
JulieAnne H. Leonard, P.C.
Speaker bio
Lisa Cosper

Lisa Cosper

Sutin Thayer & Browne
Lisa Cosper

is a member of Sutin Thayer & Browne's commercial group, whose practice focuses on estate planning, trusts, and probate. Prior to joining Sutin, she worked as a paralegal, and then as a lawyer in estate planning and estate administration for a specialty law firm with offices throughout Arizona and New Mexico. Ms. Cosper frequently presents on planned giving and estate planning. She earned her J.D. from Arizona Summit Law School, graduating magna cum laude.

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Speaker bio
John A Budagher III

John A. Budagher, III

Budagher & Tann
John Budagher

is an attorney with Budagher & Tann in Albuquerque, New Mexico. He is a second-generation attorney at the firm. Mr. Budagher was admitted to the New Mexico state bar. Before law school, he worked in the family firm as a legal assistant. Mr. Budagher specializes in taxation and has experience handling contract disputes, business formation, estate planning, and elder law. He received a degree in mathematics from the University of New Mexico, his J.D. degree from Thomas. M. Cooley Law School in Michigan, and his LL.M. degree in taxation from the University of Alabama.

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Speaker bio
Marcos A Trujillo

Marcos A. Trujillo

Sutin, Thayer & Browne
Marcos Trujillo

is a member of Sutin, Thayer & Browne's commercial group, where he focuses on trust and estate planning, and public finance. As a law student, Mr. Trujillo co-founded and served as treasurer for the University of New Mexico School of Law Estate Planning and Elder Law Society. He was a board member and student liaison for the Elder Law Section of the State Bar of New Mexico. For five years prior to attending law school, Mr. Trujillo, a certified financial planner, worked as a financial consultant with Charles Schwab, Inc. During his tenure there, he managed an investment advisory practice of more than $300 million in investable assets and built financial plans that included investment strategies, estate and tax planning. Mr. Trujillo is admitted to practice law in New Mexico.

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Speaker bio
JulieAnne Leonard

JulieAnne Leonard

JulieAnne H. Leonard, P.C.
JulieAnne Leonard

is an attorney at JulieAnne H. Leonard, P.C.

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What happens if my course is cancelled?
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.
Will I receive a certificate of completion?
Yes, we'll email you a certificate of completion and store in your account for any future reporting needs.
Can multiple people watch courses and request credit?
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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