Family Feuds in Trust and Estate Planning: Counseling Clients About Dispute Avoidance (12:00 Noon Central Time)
Total Credits: 1 including 1 CLE
- Average Rating:
- Not yet rated
- Categories:
- Probate & Estate Planning
- Faculty:
- Steven B. Malech
- Original Program Date:
- Oct 20, 2023
- License:
- Never Expires.
Description
Family feuds are the most destructive force in trust and estate planning. When a senior generation of a family dies or decides to pull back from leading a family business, long suppressed rivalries, disputes and inter-personal conflicts rise to the surface and have often a substantially adverse impact on the business’s operations and value. These disputes often place planners in the extremely difficult spot of having gain the trust of warring factions, understand their grievances, and use the tools of planning to help them and the company find a value-preserving resolution of their conflicts. This program will provide you with a real-world guide to identifying and resolving family feuds in trusts.
Schedule:
• Sources of family feuds in trusts and techniques to resolve short of litigation
• Disputes involving distributions, control of family assets, personal rivalries, lack of communication
• Techniques for resolution – outside consultants, ongoing family meetings, lifetime gifting, distribution standards
• How choosing trustees can provoke or dampen family disputes
• How to work with warring family factions while protecting yourself as lawyer
Handouts
| Handout 1 (78.1 KB) | 6 Pages | Available after Purchase |
| Handout 2 (97.5 KB) | 8 Pages | Available after Purchase |
| Handout 3 (298.7 KB) | 13 Pages | Available after Purchase |
| Handout 4 (264.1 KB) | 6 Pages | Available after Purchase |
| Evaluation Form (32.5 KB) | 1 Pages | Available after Purchase |
Faculty
Steven B. Malech Related Seminars and Products
Wiggin and Dana, LLP
Steven B. Malech is partner in the New York City office of Wiggin and Dana, LLP, where he is chair of the firm’s probate litigation practice group. He represents beneficiaries, fiduciaries and creditors in disputes involving alleged violations of the Prudent Investor Act and its predecessors, alleged breaches of fiduciary duty, disputed accountings, and will contests. He represents clients in cutting-edge probate litigation matters involving trusts and estates with assets in the hundreds of millions of dollars. Mr. Malech received his B.A., with special honors, from the University of Texas and his J.D. from the Connecticut School of Law.
