Trust Decanting in Michigan Ten Years Later
Total Credits: 1 including 1 Taxes - Technical
- Average Rating:
- 33
- Categories:
- Partner Produced | Accounting and Auditing
- Faculty:
- Salvatore LaMendola
- Course Levels:
- Intermediate
- Duration:
- 1 Hour
- License:
Description
Michigan's trust decanting statutes will be celebrating their 10-year anniversary this year. We cover what changes to irrevocable trusts can and cannot be made. It will also touch upon the tax consequences of trust decanting.
Basic Course Information
Learning Objectives- Identify and evaluate the permissible changes to irrevocable trusts under Michigan's trust decanting statutes and assess their tax implications.
Major Subjects
- What is Trust Decanting
- Tax Matters
- Accessing Perpetuity
- Keeping it in the Bloodlines
Course Materials
| Important CPA Credit Instructions READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| Trust Decanting in Michigan Ten Years Later Handout (515.4 KB) | Available after Purchase | ||
Faculty
Salvatore LaMendola Related Seminars and Products
Salvatore J. LaMendola has been a member of the Trusts and Estates Practice Group at Giarmarco, Mullins and Horton, P.C. since 1996, and a member of the LL.M. adjunct law faculty at Western Michigan University Cooley Law School since 2016. He focuses his practice on basic estate planning, post-death trust administration, planning for retirement plan benefits, and modifying irrevocable trusts via trust “decanting” and other techniques. Sal has been published in CCH Financial and Estate Planning; the Michigan Probate and Estate Planning Journal, and the Michigan Bar Journal. He has also authored the book Estate Planning for Catholics: A Guide to Doing God’s Will in Your Will (and Other Estate Planning Documents) which is available at Amazon, Barnes & Noble, and other book sellers.
Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation
None
Designed For
Experienced CPAs working with estates and trusts
Original Recording Date
2023
Yellow Book
No
Course Developer
MICPA
Date Added to Catalog
04/17/2023
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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