Name
Trust Assets in Divorce: Fair Game or Off Limits?
Date & Time
Thursday, January 28, 2021, 12:30 PM - 1:30 PM
Speakers
Sharon L. Klein - Wilmington Trust
Sharon L. Klein
Description

When a marriage ends and a spouse is a trust beneficiary, are the trust assets accessible or off limits in a divorce? We’ll examine what types of trusts, trust provisions, trust history, and trust administration make trusts more vulnerable to attack in divorce. We’ll also explore and learn solutions to help wall off trust assets from claims of a potential future ex-spouse, techniques to potentially eliminate or shift beneficial interests in even irrevocable trusts, and ways to ameliorate surprising tax consequences that might otherwise distort results.  After this session, you will be better positioned to advise your clients before and during marriage, and before and after a divorce is finalized.

Course Level
Advanced
Course Focus
Trusts & Estates
Credit Type
General
Eligible CLE Credits
1.00
CLE Eligibility
Eligible for CLE credit