42nd Annual Trusts and Estates 2023

The Year in Review: An Estate Planner’s Perspective of Recent Tax Developments
William I. Sanderson

This outline covers all the past year’s legislation, cases, regulations, revenue rulings and procedures, and selected private letter rulings and proposed legislation regarding the income, estate, gift, and generation-skipping transfer tax laws of importance to estate planning.

Virginia Developments in Estate Planning and Administration
Sarah E. Brownlow, Alvi Aggarwal

The latest on new Virginia legislation and case law.

Understanding and Planning with Advance Medical Directives
Carter R. Brothers, Nathan A. Kottkamp

This discussion will address the practical issues in drafting and then carrying out your client’s wishes regarding health care and end-of-life decisions.

Binding Parties in Trusts and Estates Matters
Susanna Brailsford Jones

This session will review the different requirements and options for binding parties in trust and estate matters. The scope includes a discussion of circumstances in which both judicial and non-judicial options may be appropriate.

5 Pressing Issues for Trusts and Estates Practitioners
Moderator: Kevin L. Stemple
Alvi Aggarwal, Carter R. Brothers, William I. Sanderson

A moderated panel featuring several leading Virginia trusts and estates experts focusing on five pressing issues facing lawyers in trusts and estates practice. Topics the panel will analyze include modern technology in estate planning as well as planning considering potential changes to federal estate tax exemptions.

Ethics of Unraveling Irrevocable Trusts
Michael O. Manning

Unforeseen changes in circumstances and tax laws (and sometimes a desire to have money sooner rather than later) can motivate one or more parties involved with irrevocable trusts, including grantors, trustees, and beneficiaries, to seek legal advice on unravelling an irrevocable trust. This presentation will examine the principal ethics rules that attorneys advising grantors, trustees, and/or beneficiaries on unravelling an irrevocable trust (including whether to unravel and unravelling if warranted) under the Virginia Uniform Trust Code need to consider before and during the representation.