Webcast: Subtrust Funding Workshop

Examine the issues of subtrust funding on the death of the first spouse in the context of a joint revocable trust. In this class you'll explore the effects of different estate planning techniques on subtrust funding. You'll also learn how to create spreadsheets for subtrust allocation and analyze a hypothetical fact pattern using spreadsheets. Additional topics covered are income tax issues related to funding, timing of funding, nonprobate allocation of community property, establishing the dollar target for subtrusts, examining marital deduction and generation-skipping formulae, determining where to take deductions, and choosing particular assets for subtrusts, including how to deal with the family residence or large IRAs, and discount planning on subtrust funding. Finally, "stale" trust funding will be explored in depth.