Continuing Legal Education

TELESEMINAR: Designing and Drafting Revocable Trusts – A National Perspective

April 1, 2014
12:00 – 1:00 p.m.
1.00 MCLE hours


Revocable trusts are among the most flexible and beneficial vehicles for estates of every size. In addition to their tax benefits, in many instances they allow property to be transferred outside of probate. They are also comparatively easy to administer. But they also come with complexity and traps. Distributions above certain low levels are taxable. Holding interests in family businesses, personal residences or life insurance policies each come with special challenges.  Also, any failure to carefully coordinate revocable trust planning with settlors’ wills and larger estate plans can lead to a loss of all benefits. This program will provide you with a practical guide to designing and drafting revocable trusts, their relationship to “pour over” wills, discuss special issues related to family businesses, personal residences, life insurance policies, and cover distribution and tax traps.


  • Designing and drafting revocable trusts
  • Drafting Funding/”pour over” and distribution clauses, and spendthrift protections
  • Distribution and tax traps – planning to avoid taxability commonplace distributions
  • Issues related to personal residences, family businesses, life insurance policies and married settlors
  • Trustee issues – selection, duties, removal/replacement
  • Working with clients with mental competence issues
  • Coordinating wills estate plans with revocable trusts


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Program Speaker:
William Kalish,
Akerman Senterfitt, LLP, Florida



William Kalish is a partner in the Tampa office of Akerman Senterfitt, LLP.  His practice focuses on advising individual clients and their families on their estate and trust plans, including wills, revocable trusts, irrevocable trusts, charitable trusts, private foundations, and limited partnerships. He also practices in probate administration, asset preservation, business succession planning for family-owned entities, and the division of business interests in the context of divorce.  He is a Fellow of the American College of Trust and Estate Counsel, formerly served as chair of ABA Tax Section, and has served as an Adjunct Professor of Law at Stetson Law School teaching estate planning.  Mr. Kalish received his B.A. from the University of Pittsburg and his J.D. with honors from George Washington University Law School.