PLANNING & DRAFTING FOR THE SMALL ESTATE
On Demand Seminar
ITEM #:  1733462101   |   EVENT CODE:  330644    |   CREDIT STATUS:  APPROVED
STANDARD PRICE
$245.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

ONLINE

Available 24/7

To claim CLE credit, view by:  November 18, 2022

Through December 31, 2023, Minnesota-licensed attorneys can satisfy continuing legal education requirements by viewing and reporting up to 30 credits of on demand programming. Effective the first reporting period after January 1, 2024, there is no limit. Depending on the jurisdiction in which you practice, you may or may not be able to claim credit for viewing this on demand seminar. Please check with your licensing agency for accreditation information.

Planning and Drafting for the Small Estate

(It’s Not-So-Small Anymore!)

Originally presented:  November 19, 2020     |     Course length:  5.75 hours

This seminar is designed to be a practical seminar taught by and for solo and small firm attorneys who frequently work with small estates.   

Highlights Include:

  • How to Conduct an Effective Client Intake
  • How to Resolve Problems and Issues Surrounding Life Insurance in Estate Planning 
  • What You Need to Know about Beneficiary Designations
  • 6 Things You and Your Client Need to Know about Powers of Attorney
  • 5 Key Points to Know about Medical Assistance Eligibility
  • And much, much more!

Introduction and Welcome
– Jody A. Cohen Press, Course Chair

The Initial Meeting: “Getting to Know You”  (60 MINUTES)
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 & Steven M. Press

The “Gotchas” and “Trap Doors” of Life Insurance  (45 MINUTES)
A discussion of the problems and issues surrounding life insurance in estate planning, including an analysis of how and why policies fail and the impact to a client’s estate and beneficiaries.
– Robert L. Cohen

No Such Thing as a Basic Will: Guiding Those Who Don’t Know What They Don’t Know  (60 MINUTES)

  • Will formalities and legalities, including COVID-related legislative changes.
  • 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

How to Draft Beneficial Beneficiary Designations  (30 MINUTES)
The importance of reviewing and updating beneficiary designations. Discussion of 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).
– Carol S. Cooper

Understanding Transfer on Death Deeds: To TODD or Not to TODD?  (30 MINUTES)
How to draft a TODD, when to draft a TODD and when not to draft a TODD.
– Suzanne M. Sandahl

Understanding Advanced Directives for Health Care and End of Life  (45 MINUTES)
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

A Birds-Eye View of Medical Assistance: 5 Key Points about M.A. Eligibility  (30 MINUTES)
Key points to know about Medical Assistance eligibility, including statutory references, applicable law and estate recovery.
– Jill M. Sauber

Understanding the Available Powers of Attorney: “A-N” and Beyond  (45 MINUTES)
Understanding the powers and limitations of Attorneys-in-Fact. Selecting the right people for the job and remedies when things go wrong.
– Emily Valentine-Grimm

$245

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 5.75 standard CLE credits. The maximum number of total credits attendees may claim for this program is 5.75 credits.

Depending on the jurisdiction in which you practice, you may or may not be able to claim credit for viewing this on demand seminar. Please check with your licensing agency for accreditation information.

STANDARD PRICE
$245.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
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