PLANNING AND DRAFTING FOR THE SMALL ESTATE
Live In-Person Seminar
ITEM #:  1050132501   |   EVENT CODE:  521788
MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

MINNEAPOLIS

Wednesday, February 19, 2025

9:00 AM - 4:15 PM   |   Check-In:  8:30 AM

Minnesota CLE Conference Center

600 Nicollet Mall # 370

3rd Floor, City Center

Minneapolis, MN 55402

Planning and Drafting for the Small Estate

It’s Not-So-Small Anymore!

If you frequently work with small estates this course is for you! 

Highlights Include:

  • How to Conduct an Effective Client Intake
  • What You Need to Know About Beneficiary Designations
  • Understanding the Available Powers of Attorney
  • 5 Key Points Regarding Medical Assistance Eligibility
  • Ways to Transfer Real Estate as Part of an Overall Estate Planning Strategy
  • Understanding Advanced Directives for Health Care and End of Life
  • And much more!

Don’t miss this seminar specifically designed with solo and small firm practitioners in mind!

8:30 – 9:00 a.m.
CHECK-IN & CONTINENTAL BREAKFAST


9:00 – 9:05 a.m.
WELCOME & INTRODUCTION


9:05 – 9:50 a.m.
Building Rapport and Getting the Information You Need – How to Make the Most of the Initial Client Meeting
Learn the five topics you must address in your initial client meeting: dual/multiparty representation; retainer agreements/engagement letters; probate assets vs. non-probate assets; wills vs. trusts; and incapacity planning.
– Jody A. Cohen Press


9:50 – 10:20 a.m.
How to Draft Beneficial Beneficiary Designations
This session will address the importance of reviewing and updating beneficiary designations. Discussions will include the Minnesota Multiparty Accounts Act; Revocation of Beneficiary Designation by Marriage Dissolution (Minn. Stat. § 524.2-804 and Sveen v. Melin); and Rights of Survivorship (Minn. Stat. § 524.6-204 and Estate of Patrick W. Butler).
– Megan C. Kelly 


10:20 – 10:50 a.m.
5 Things Every Estate Planning Attorney Needs to Know About Medical Assistance Eligibility
Learn five key points to know about Medical Assistance eligibility, including statutory references, applicable law and estate recovery.
– Martha Amdahl 


10:50 – 11:00 a.m.
BREAK


11:00 – 11:30 a.m.
Integrating Long-Term Care Insurance Into a Small Estate Plan
With the rising costs of long-term care, it’s crucial to advise clients on strategies that protect their assets while ensuring access to necessary care. Get guidance for effectively integrating long-term care insurance into small estate plans.
– Jody A. Cohen Press & Elizabeth I. Wrobel 


11:30 a.m. – 12:00 p.m.
Distributions from Retirement Accounts and Other Tax Considerations for the Small Estate
Gain a practical understanding of the complex tax implications surrounding distributions from retirement accounts and the key tax considerations, planning opportunities, and potential pitfalls associated with distributions.
– James T. McNary


12:00 – 12:45 p.m.
LUNCH BREAK (on your own)


12:45 – 1:30 p.m.
Transfer on Death Deeds and Other Methods of Transferring Real Estate as Part of the Plan for a Small Estate
Real estate is typically the most valuable asset owned by individuals. Ownership of real estate can take on many forms and conveys specific duties and rights based on that ownership. This session will explore planning strategies for transferring real estate. Topics include:

  • Transfer on Death Deeds 
  • Life Estates 
  • Revocable Trusts 
  • Wills

– Callyn T. Bedker 


1:30 – 2:30 p.m.
Effective Will Drafting for the Small Estate
Get a comprehensive overview of Will formalities and legalities, including: 

  • Drafting testamentary trusts 
  • Choosing corporate vs. individual fiduciaries 
  • Considerations in drafting a pot trust vs. separate share trusts 
  • Planning for tangible personal property and digital assets 
  • Considerations in drafting a codicil vs. a new will 
  • Tips for drafting for minors and incapacitated beneficiaries

– Philip J. Ruce


2:30 – 2:45 p.m.
BREAK


2:45 – 3:30 p.m.
Understanding Advanced Directives for Health Care and End of Life
Comparing and contrasting Health Care Directives, DNR/DNI forms, POLST’s and the Caregiver Act, including the interplay in theory and practice between these documents. Also, practical tips on helping clients overcome barriers to completing their directives.
– Mary Frances M. Price 


3:30 – 4:15 p.m.
Understanding the Available Powers of Attorney: “A-N” and Beyond
This session will explain the powers and limitations of Attorneys-in-Fact, the importance of selecting the right people for the job and remedies when things go wrong.
– John P. Worrell

LIVE IN-PERSON
Wednesday, February 19, 2025
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota

ONLINE REPLAYS
Thursday, March 6, 2025
Tuesday, March 18, 2025
Attend online
A moderator will be available to answer questions by email.

$295 MSBA members / $295 paralegals / $345 standard rate

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.

MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
ADDITIONAL RECOMMENDATIONS FOR YOU (10 items):