Continuing Legal Education

Basic Estate Planning Bootcamp

April 25, 2013
8:50 a.m. – 4:45 p.m.
6.25 MCLE hours, including 1.75 approved Professional Responsibility MCLE credit hours
Presented by Trusts and Estates

Chicago
ISBA Chicago Regional Office
20 S. Clark St, Suite 900
(map and directions)

This program has reached capacity and is now closed for registration.
Walk-in registrations will not be accepted.

For those still interested in this seminar, this program is being recorded and will be available for purchase via our FastCLE webpage in approximately five weeks.
 

Learn the essentials of the initial client meeting, the appropriate use of advanced directives and the ethical considerations in the estate planning process. Don’t miss this opportunity to update your basic knowledge of wills, trusts, and formulating your client’s estate plan. Trusts and estate professionals, new attorneys, small and closely-held business counsel, financial planners and accountants with beginning to intermediate experience who attend this seminar will:

  • Learn how to obtain relevant information during the initial client meeting;
  • Be better prepared to draft dispositive provisions in a will;
  • Understand how to personalize a client’s will;
  • Learn to recognize potential gift and estate tax issues;
  • Understand the importance of funding trusts;
  • Learn to recognize potential gift and estate tax issues;
  • Be able to avoid the various pitfalls that may arise throughout the estate planning process; and
  • Better understand the ethical considerations in estate planning, including engagement letters, identifying conflicts, and complying with the Illinois Rules of Professional Conduct.
Please Note: Prior to the program, you will receive a weblink via email allowing you to access the course materials prior to the program. You will also receive a copy of the course materials (for no additional charge) when you arrive at the program, but will need to check the appropriate box on the registration page letting us know if you prefer a flash drive or printed course book.

 

Program Coordinator/Moderator:
Gary R. Gehlbach
, Ehrmann Gehlbach Badger Lee & Considine LLC, Dixon

 

Agenda

8:50 – 9:00 a.m.  Welcome and Introductions
Gary R. Gehlbach, Ehrmann Gehlbach Badger Lee & Considine LLC, Dixon

9:00 – 9:45 a.m.  Initial Client Meeting*
Get the tips you need for obtaining relevant information during the initial client meeting with this informative session, including learning to identify client issues, establishing client objectives, and the benefits of using a checklist. The practices and procedures for both a downstate practice and estate planning in the Chicago area are discussed.
William R. Kuehn, Williston McGibbon & Kuehn, Barrington
Paul A. Meints, Attorney at Law, Bloomington

9:45 – 10:00 a.m.  Break (beverages provided)

10:00 – 11:00 a.m.  Use of Advanced Directives
This segment addresses property/health care powers of attorney, the living will, the Anatomical Gift Act, the IRS form of power of attorney, and the Transfer on Death Instrument.
Edward Jarot, Jr., Dystrup Hoster & Jarot, P.C., Joliet

11:00 a.m. – 12:00 p.m.  Will Overview
Join us for this comprehensive examination of wills – from appropriately drafting dispositive provisions, to addressing contingencies and personalizing a client’s will. A brief look at testamentary trusts is also included.
Alan R. Press, Alan R. Press Attorney at Law, P.C., Lincolnshire

12:00 – 1:00 p.m.  Lunch (on your own)

1:00 – 2:00 p.m.  Trust Overview
This session examines the basics of trusts, including their advantages and disadvantages, the importance of funding trusts, and basic trust requirements.
David M. Lutrey, Lesser Lutrey & McGlynn, LLP, Lake Forest

2:00 – 2:45 p.m.  Gift and Estate Tax Primer
Learn to recognize potential gift and estate tax issues that may arise with this informative presentation. Topics include: the gross taxable estate, federal and Illinois estate tax exemptions, marital deductions, the annual gift tax exemption, and tuition and medical gift tax exemptions.
Steven E. Siebers, Scholz Loos Palmer Siebers, Quincy

2:45 – 3:00 p.m.  Break (refreshments provided)

3:00 – 3:45 p.m.  Drafting Errors and Other Estate Planning Pitfalls
In this segment, our speaker helps you avoid the many pitfalls that can arise throughout the process of formulating of an estate plan, including unintended drafting errors.
Gary R. Gehlbach, Ehrmann Gehlbach Badger Lee & Considine LLC, Dixon

3:45 – 4:45 p.m.  Ethics in Estate Planning*
This presentation offers a look at the ethical issues that can arise during the estate planning process. Topics include: identifying the client, formalizing the engagement, establishing the fee, recognizing potential conflicts, and complying with the Illinois Rules of Professional Conduct.
John D. Gutzke, Rolewick & Gutzke, P.C., Wheaton