Estate Planning and Administration for Blended Families
Presented by:
Daniel T. Quane, Esq.,
Partner at Doyle Quane
___________________________________________
Presentation Summary:
This program will address the unique planning considerations for blended families. For the purposes of this discussion, a blended family is defined as one in which at least one spouse has children from a previous relationship. We will explore key steps that should be taken to ensure the client’s wishes are carried out effectively, while minimizing the potential for future conflicts.
We will begin by discussing the importance of property agreements to clearly define the characterization of property as separate or community property. This is essential to prevent the automatic application of default characterization rules that often lead to outcomes inconsistent with the client’s intentions.
Next, we will review various strategies for the disposition of assets upon the death of the first spouse. These include options such as Survivor’s Trusts, QTIP Trusts, Bypass Trusts, and portability of the estate tax exemption. We will also cover the critical considerations surrounding beneficiary designations for retirement accounts and life insurance policies.
The program will then focus on the administration of trusts and retirement accounts during the surviving spouse’s lifetime, as well as the distribution of assets upon their death. Finally, we will examine opportunities for gift and estate tax planning within the context of blended families, particularly for high net worth clients seeking to minimize their estate tax liability.
Learning Objectives:
Understanding the need for pre and post marital agreements to accomplish estate planning goals.
Understanding Trust disposition options at the death of the first spouse- Bypass Trust, QTIP Trust, Survivor’s Trust, Disclaimer Trust and portability of the estate tax exemption.
Understanding retirement account beneficiary designation options and associated inherited IRA rules.
About Our Speaker:
Daniel T. Quane manages the Doyle Quane
Trusts and Estates practice. Dan is a Certified
Legal Specialist in Estate Planning, Trusts and Probate Law. He has LL.M. degrees in Taxation
and Estate Planning, Trust & Probate Law and he was selected to Super Lawyers in 2021 through 2024.
A Special Thanks to Our Event Sponsor:
Jessica Franke, CPA
Principal & Co-founder, Maven Oak CPAs
P: (925) 548-6102
jfranke@mavenoak.com
________________________________________
Meeting Agenda/Schedule
February 6, 2025
6:00pm - Check In, Networking & Reception
6:30pm - Sit Down Plated Dinner
6:45pm- Welcome & Announcements
7:00pm- Speaker Presentation
8:00pm- Event Concludes
REGISTRATION COST
Members - $95 | Guests - $115
AFTER 2/4/2025
Members - $105 | Guests - $125
The Tri-Valley Estate Planning Council is a multi-disciplinary group of estate planning and related professionals focused on delivering exceptional services to clients by providing and strengthening:
Cutting-edge continuing education to develop best practices in estate planning, wealth preservation and legacy; Communication and collaboration with peers across disciplines; A reliable network of referral sources with experienced, like-minded professionals