Partner and Chair of the Estates & Trusts Practice Group at The Lynch Law Group, Charles Hadad will present a national CLE through the National Business Institute. This live presentation will detail all things Wills and Trusts including but not limited to:
- An overview of the foundational documents,
- A detailed breakdown of a Last Will and Testament including a sample document, and
- A summary of Trusts including Living or Revocable Trusts.
The program is structured to cover the building blocks of Estate Planning with an expert in the field. In the first section of the seminar, Attorney Hadad will cover the documents that are necessary for successful planning and some of the associated rules that go along with it. These documents are necessary for successful planning and getting them right the first time is imperative.
Take for example a Financial Power of Attorney – the document that grants an agent the authority to make financial decisions for the grantor. In 2014, the Pennsylvania General Assembly passed Act 95 which updated the requirements for a Power of Attorney to include eight specific powers, otherwise known as hot powers which must be explicitly granted within the document in order for the agent to exercise his/her authority. This requirement underlines the importance of attending CLEs, especially for attorneys who may not be Estates and Trusts attorneys, and infrequently draft these documents as they may not be up to date on the most recent provisions and requirements.
In addition to learning about the basics of Wills, including all the provisions and exceptions during which a Last Will and Testament may be abandoned, attendees will cover the basics of trusts and trust set-ups.
While Living Trusts are hardly new tools for Estate Planning purposes, they have recently gained more widespread understanding and prominence in the conversation as some financial institutions have begun advertising them as essential documents. As such, clients seeking an attorney’s assistance may have more awareness of them as a tool and ask about them, requiring their attorney to have more than a cursory understanding of their uses and restrictions.
This seminar is best suited for those who will be working with clients looking for Estate Planning services such as attorneys, accountants, trustees, executors, and paralegals. Attorney Hadad’s content will guide attendees through every part of the client process including what questions to ask, tax considerations, and the ever-present question of ethics.
To register for the CLE on December 14, click this link and if you’d like to learn more about building an Estate Plan, contact Attorney Charles Hadad at chadad@lynchlaw-group.com or by calling (724)-776-8000.
