2023 Foundations of Delaware Trusts

Description

The Delaware Financial Education Alliance proudly announces three new virtual video sessions in the Foundations of Delaware Trust series. Each session will be available live and on-demand making it convenient to educate your entire staff. Don't miss these informative seminars. 

Sessions are $199 each for DBA members or just $499 for all three. 

To register for all three sessions select the "All 3 Sessions" pass.  To register for individual sessions select the "Individual Session" pass.  Then select the sessions under the events page.  If you have any issues registering please reach out to Corinne.Stayton@debankers.com

The first session, Transfer Trust Best Practices will premiere on August 16, 2023 at 10:00 a.m.  This session will provide an overview of the various methods available for transferring trust situs to Delaware, discussion of the transfer requirements imposed by other jurisdictions, and practical guidance for trust situs transfers.

Instructors: Matthew P. D'Emilio, Managing Member, McCollom D'Emilio Smith Uebler LLC; Tara S. Hersh, Associate, McCollom D'Emilio Smith Uebler LLC

The series continues on August 29, 2023 @ 10 AM - GST with 'Tax Best Practices.'  The federal generation skipping transfer (“GST”) tax is one of the most complex and nuanced federal transfer tax regimes and it can arise unexpectedly because of the many ways that it can apply. This program will introduce you to key terms under the Internal Revenue Code that must be understood to master the GST tax, will focus on the key aspects of the GST tax, will introduce GST tax planning opportunities, and will identify some common GST tax planning mistakes to avoid. With proper GST tax planning, families have a greater chance of preserving wealth for many generations to come. 

Instructors: Cynthia D.M. Brown, President, Commonwealth Trust Company; Kimberly Gill McKinnon, Director, Gordon, Fournaris & Mammarella, P.A.

The final session, 'Trust Termination Best Practices airs on September 7, 2023 at 11:00 a.m.  The session will cover the administrative, tax, and legal consequences that a trustee should consider when a trust terminates.

Instructors: Mark A. Oller, Delaware Trust Executive, U.S. Trust Company of Delaware; Todd A. Flubacher, Esq., Partner, Morris, Nichols, Arsht & Tunnell LLP