Family Feuds in Trusts: How to Anticipate & Avoid Out of Stock
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About the Seminar - Computer Based Audio ONLY programs (No Video) - DOES NOT QUALIFY FOR CLE BIG TICKET
Family feuds are the most destructive force in trust and estate planning. When a senior generation of a family dies or decides to pull back from leading a family company, long suppressed rivalries, disputes and inter-personal conflicts rise to the surface and have an adverse impact on the company's operations and value. These disputes often place planners in the extremely difficult spot of having gain the trust of warring factions, understand their grievances, and use the tools of planning to help them and company find a value-preserving resolution of their conflicts. This program will provide you with a real-world guide to identifying and resolving family feuds in trusts.
-Sources of family feuds in trusts and techniques to resolve short of litigation
-Disputes involving distributions, control of assets/family business, personal rivalries, lack of communication
-Techniques for resolution - outside consultants, ongoing family meetings, lifetime gifting, distribution standards
-How choosing trustees can provoke or dampen family disputes
-Practical problems when an operating business is held in a family trust
-How to work with warring family factions while protecting yourself as lawyer
About the Speaker
Daniel L. Daniels is a partner in the Greenwich, Connecticut office of Wiggin and Dana, LLP, where his practice focuses on representing business owners, corporate executives and other wealthy individuals and their families. A Fellow of the American College of Trust and Estate Counsel, he is listed in The Best Lawyers in America, and has been named by Worth magazine as one of the Top 100 Lawyers in the United States representing affluent individuals. Mr. Daniels is co-author of a monthly column in Trusts and Estates magazine. Mr. Daniels received his A.B., summa cum laude, from Dartmouth College and received his J.D., with honors, from Harvard Law School.
Mandatory MCLE Credit Hours
This seminar qualifies for 1.0 MCLE Credit Hour, including up to 1.0 Estate Planning & Probate Law Specialty Credit Hour, and including up to 1.0 Taxation Law Specialty Credit Hour
This seminar is an Intermediate level program.
Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2020, please use this course code: 201653ADT
Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2021, please use this course code: 213052ADT