Everything You Need to Know About Trusts Webcast | 4201519A

Date :
December 3, 2020 8:30 AM - 4:00 PM
Location :
Virtual Learning+
Facility :
Webcast Rebroadcast
Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 8.00, MCLE 6.50, CFP 8.00, MCLE LS-EP 6.50, MCLE LS-TX 6.50
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An overview of trust laws and review of general concepts. Common structures and progresses for reviewing more advanced trust planning issues. Extensive coverage of the use of trust protectors.

Master advanced techniques related to income, gift and estate tax planning using trusts; succession planning; trust administration; special needs planning; and asset protection uses of most common trusts. Discussion covering various trusts and portability versus A-B and A-B-C trusts.


  • Identify income tax, gift tax and estate tax aspects of various types of trusts.
  • Determine requirements for a valid trust, selecting trustees, trustee discretion, distribution clauses and probate avoidance.
  • Recognize how to avoid Proposition 13 reassessment.
  • Recall estate planning and asset protection planning uses of different trusts.
  • Identify advanced tax, estate, succession, retirement, special needs and asset protection planning using trusts.
  • Recognize common obstacles and pitfalls, such as selection of trustee and property tax reassessment, and how to plan around them.

Major Subjects:

  • Trust obstacles and pitfalls
  • Revoking irrevocable trusts
  • Trust protectors
  • Succession planning, retirement planning and estate planning through trusts
  • Special needs and Medi-Cal/Medicare planning
  • Tax planning with trusts, including , GRATs, QPRTs, IDGTs, etc.
  • Planning with A-B and A-B-C (QTIP) trusts
  • Asset protection through domestic and foreign trusts

Advanced Prep:


Misc. Information:

Level of Difficulty:
Field of Interest:

General knowledge of income, estate and gift taxes.

Designed For:

CPAs, attorneys and financial planners.


Kenneth W Kossoff, Esq
Jacob Stein, Esq.
Jacob Stein, Esq. is the managing partner of Aliant, LLP. He specializes in private wealth legal work, including sophisticated asset protection and estate planning, structuring international business transactions, and complex U.S. and international tax planning. Mr. Stein received his law degree from the University of Southern California, and a Master of Laws in Taxation from Georgetown University. He has been accredited by the State Bar of California as a Certified Tax Law Specialist. He is AV-rated (highest possible rating) by Martindale-Hubbell, has been named “A Super Lawyer” by the Los Angeles Magazine for many years running, and is one of “America’s Most Honored Professionals 2016”, by the American Registry. Over the course of his career Mr. Stein has completed over 3,000 asset protection transactions and has represented officers and directors of Fortune 500 companies; Forbes 400 families around the world; celebrities; high-profile entrepreneurs; hedge fund managers; private equity funds; wealthy foreigners doing business in the United States and many more. He is the author of several books, numerous scholarly articles and technical manuals. His recent works include his book: A Lawyer’s Guide to Asset Protection Planning in California, Second Edition, published in April of 2016, which is the only legal treatise on asset protection specific to California, and International Joint Ventures – A Concise Guide for Attorneys & Business Owners, published in 2014. Mr. Stein is a frequent lecturer to various attorneys, CPA and other professional groups, teaching over 50 seminars per year. His presentation topics include: Advanced Asset Protection Planning, Advanced Estate Tax Planning, Tax Planning for Cross-Border Joint Ventures, A Foreigner’s Guide to Investing in U.S. Real Estate, Creative Planning with Controlled Foreign Corporations, and various courses on trust law. He is an instructor with the California CPA Education Foundation, National Business Institute, Thomson Reuters, the Rossdale Group, Lorman Education Services and many more. For the past ten years he has been an adjunct professor of taxation at the CSU, Northridge Graduate Tax Program. Mr. Stein is a member of several international legal networks, including: Union Internationale des Avocats, International Practice Group, IR Global, and the International Bar Association.


  • Materials - ebook