The Use of Trusts in Estate and Family Business Succession Planning: What Every CPA Needs to Know Without the "Lawyer-Speak"

Every one of us has clients who ask our opinions on estate planning and family business succession planning.  Most clients frankly get overwhelmed by lawyers with complicated layers of documents, estate and gift tax projections, trusts and wills – the “lawyer speak.” Then they turn to us to help them make sense of it all. This session will explain how CPAs can navigate the client through the estate planning process, and will include the highlights of all of the major estate planning documentation, such as wills, revocable trusts, irrevocable trusts, grantor trusts and irrevocable insurance trusts.  John Harpootian is a no-nonsense, plain-speaking lawyer, who has counseled thousands of families with estate and family-owned business succession planning issues, and has worked collaboratively with hundreds of  CPAs.