Webinar Recorded: May 04, 2017
Presented by Brian Albee, J.D., ElderCounsel
Duration: 47 minutes
In this webinar, we will define what it means for a trust to be a “grantor trust” and contrast it with other language used in trust planning, like “incomplete gift trust.” Also, we’ll discuss the seemingly oxymoronic phrase “grantor trust as to principal,” and the simply incorrect phrase “grantor trust as to estate inclusion.” We will briefly touch on how to cause or avoid grantor trust status, but we will not go into great detail. The focus here is on meaning and terminology.
- What is a grantor trust?
- How does grantor trust language contrast with other language used in trust planning?
- Identify terminology which confuses some when discussing a grantor trust, such as:
- Grantor trust as to principal
- Grantor trust as to estate inclusion
CLE: 1 hour
Pre-approved: CA (1), GA (1), IL (1), IN (1), KS (1), MO (1.2), NC (1), NJ (1), NY (1), OH (1), PA (1), TX (1), WI (1). Due to online programming rules, this will not be eligible for CLE in: DE, SC. Attorney will self apply in states not listed.
Many states have strict restrictions on pre-recorded (also called on-demand or distance learning) courses. Please review your State Bar’s rules and ElderCounsel’s CLE guide by state to determine if you are eligible to receive CLE for this course before viewing.
Receive CLE packet and attendance certificate: Near the end of the webinar, a button labeled “Receive CLE Packet” will appear in the top right corner of the video. You will be required to enter the attendance code given verbally during the webinar to download the packet. You will not be able to download the packet until you watch the webinar in its entirety. To ensure we are CLE compliant, the packet will not be distributed via email or any other method, it must be downloaded following the instructions above.