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We have more than 26 years and 1.4 million customers worth of experience providing

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Avoid missteps in trust administration – discover techniques to help you along the way.

Avoid missteps in trust administration – discover techniques to help you along the way.

Get the information you need on the Wisconsin Trust Code

Recognize key parties – and their duties and responsibilities

Resolve trust disputes calmly and effectively

Navigate the relationship between taxation and trusts

Your professional advice and trust knowledge is essential to your clients – make sure you’re giving them your best. Attend this innovative seminar and learn to juggle trust complexities while remaining focused on what really matters: your clients’ needs.

Discover ways to recognize the different levels of trust intricacy depending on the type and value of the assets involved. You will learn valuable techniques to improve trust function for everyone involved, as well as tips on managing important legal, tax and family issues. Register today and reinforce your position as a top source for trust service.

Rules of Trust Administration in Wisconsin

Rules of Trust Administration in Wisconsin

Middleton, WI • September 17, 2014Live Seminar

Where Is It?

Hilton Garden Inn Madison West/ Middleton1801 Deming WayMiddleton, Wisconsin608-831-2220

• review the types of trusts.

• discuss recent developments and the new Wisconsin trust code.

• explain fiduciary duties and common trust dispute issues.

• describe trust administration and modification.

SPECIAL OFFER Bring a colleague and save $100!

Call 866-352-9539 or register online at www.lorman.com/ID373819.

Learning Objectives

After attending this seminar, you will

be able to:

Continuing Education Credit• Bankers

7.75 • CAC 1.0 • CBC 1.0 • CFP 8.0

• WI CLE 8.00 • WI INS 8.0 • CPE 8.0 • PACE 8.0

For more detailed CE credit information, visit www.lorman.com/ID373819 or contact us at 866-352-9540.

Middleton, WI • September 17, 2014Live Seminar

Register today!FacultyAgenda

Register online at:

Fill out this form. Fax it to 715-833-3953. Or mail it to: Lorman Education Services P.O. Box 509 Eau Claire, WI 54702-0509

www.lorman.com/ID373819

8:00 AM - 8:30 AM REGISTRATION

8:30 AM - 8:55 AM

Purposes of TrustsMelissa C. Selinger

• Probate Avoidance• Privacy• Tax Planning• Creditor Protection for Beneficiaries• Charitable Planning• Special Needs

8:55 AM - 9:35 AM

Types of TrustsMelissa C. Selinger

• Revocable Living Trusts• Irrevocable Trusts

– Marital Trusts – Credit Shelter Trusts – Life Insurance Trusts – Gift Trusts – Qualified Personal Residence Trusts – Intentionally Defective Grantor Trusts – Spousal Lifetime Access Trusts – QSST Trusts – Educational Trusts, IRA Distribution Trusts, Special Needs Trusts

9:35 AM - 9:45 AM BREAk

9:45 AM - 11:00 AM

Recent Developments: The New Wisconsin Trust CodeElizabeth A. Heiner

• Overview of the WTC: A Sea of Change!• Understand New Concepts: Qualified

Beneficiaries, Directed Trusts, Trust Protectors, Decanting and Nonjudicial Settlement Agreements

• Identify Procedures to Limit the Trustee's Liability

• Drafting Around the Default Rules• Changes to Wisconsin's Prudent

Investor Rule

11:00 AM - 12:15 PM

Fiduciary Duties and Common Trust Dispute IssuesJeff A. Goldman

• Fiduciary Duties

– Theoretical Underpinnings – Effect of Trust Instrument – Wisconsin Law – Real-Life Case Studies

• Common Trust Dispute Issues and Procedural Framework

– Common Issues That Arise – Judicial Approval of Accounts and Administration

– Terminating Trusts – Real-Life Case Studies

12:15 PM - 1:15 PM LUNCH (ON YOUR OWN)

1:15 PM - 2:20 PM

Trust ModificationH. Wes Taylor

• Why Modify – Statutorily-Permissible Reasons

• How to Modify – Decanting – Other Methods

• Virtual Representation

2:20 PM - 2:30 PM BREAk

2:30 PM - 3:30 PM

Trust AdministrationTimothy C. Sugar

• Distribution Decisions• Asset Management• Trust Tax

3:30 PM - 4:30 PM

Trust Taxation and AccountingSteven E. Grimm

• Trusts as Taxable Entities• Fiduciary Accounting Income vs.

Distributable Net Income• Simple Trusts• Complex Trusts• Grantor Trusts• Charitable Trusts

Jeff A. Goldman• Shareholder with DeWitt Ross & Stevens S.C. and chair of Estate and Trust Practice Group• Practices in estate and trust administration, litigation and planning• Adjunct professor at the University of Wisconsin Law School (Estate and Trust Administration and

Dispute Resolution)• Vice president and board member – Madison Estate Council• J.D. degree, University of Wisconsin Law School• Can be contacted at 608-395-6730 or jag@dewittross.com

Steven E. Grimm• Partner with the accounting firm of Smith & Gesteland, LLP• Practices in fiduciary, pass-through entity and personal income taxation• Handles business succession planning and related estate planning issues for closely held businesses• Certified public accountant• LL.M. degree in taxation, Northwestern University School of Law; J.D. degree, University of

Wisconsin-Madison; B.S. degree, University of Wisconsin-La Crosse

Elizabeth A. Heiner• Attorney with Boardman & Clark LLP• Practices in the area of estate planning, probate and trust administration• Member of the Wisconsin Trust Code Committee• J.D. degree, cum laude, University of Wisconsin Law School; M.A. and B.A. degrees, cum laude

Northwestern University• Can be contacted at 608-283-1702 or lheiner@boardmanclark.com

Melissa C. Selinger• Trusts and estates attorney with Whyte Hirschboeck Dudek S.C.• Practices in areas of estate planning, estate and gift tax, estate and trust administration, probate and

fiduciary litigation• Advises individuals, families and business owners on wealth transfer and tax-saving techniques• J.D. degree, Washington University School of Law; B.A. degree, University of Illinois at

Urbana-Champaign• Can be contacted at 608-234-6077 or mselinger@whdlaw.com

Timothy C. Sugar• Assistant vice president, U.S. Bank Private Client Reserve• Delivers trust, estate and wealth planning services to individuals and families• J.D. degree, Hamline University School of Law; B.S. degree, University of Wisconsin-Madison• Can be contacted at 608-252-4528 or timothy.sugar@usbank.com

H. Wes Taylor• Attorney with Foley & Lardner LLP• Practices in estate planning and part of the Trusts and Estate Practice Group• Has obtained court approval for modifications to several irrevocable trusts• Co-wrote an article on trust decanting (publication pending)• J.D. degree, University of Wisconsin; M.S. degree, Yale University; B.S. degree, College of William

and Mary• Can be contacted at 608-258-4213 or wtaylor@foley.com

SPECIAL OFFER Bring a colleague and save $100!

Call 866-352-9539 or visit www.lorman.com/ID373819.

Rules of Trust Administration in WisconsinMiddleton, WI • September 17, 2014 • Seminar ID: 373819

Purchase Options – Check All That Apply F Yes! I would like to attend - $329 Includes free manual with attendance.

F Add a CD recording of this program - $99 F Bring a colleague - $229 for each additional registrant

I am unable to attend, please send me: F CD/Manual Package - $349 Manual Only - $119

Amount Enclosed $__________ Subtotal$__________ Shipping & Handling Add shipping for product orders - $8.95 first item, $3.00 each additional item.

$__________ Sales Tax If tax-exempt, please include your certificate.

$__________ TOTAL Please allow four to six weeks after the date of the seminar for delivery.

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Names of Attendees For multiple attendees, please attach an additional page with the name, title, and email for each attendee.

Name ________________________________________________________________Title _________________________________________________________________Email ________________________________________________________________

Firm Information Firm Name ___________________________________________________________Address ______________________________________________________________City _________________________________________________________________State__________Zip ____________________Telephone ____________________________ Fax ____________________________Approving Manager Name: ______________________________________________General Information: This seminar may be recorded by Lorman Education. If you need special accommodations, please contact us two weeks in advance of the program. Lorman Education Services is not approved to offer self-study CPE credit for accountants; therefore, no CPE will be given for this program if ordered as a self-study package. ©2014 Lorman Education Services. All rights reserved.

Cancellations: Substitute registrants can be named at any time. A full refund, less a $20 service charge, will be given if notification is given six or more business days in advance. Notification of less than six business days will result in a credit that can be applied to any Lorman products or services. If you do not cancel or attend, you are responsible for the entire payment.

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