It is quite common for spouses to do estate planning together, especially in first marriages. Often their revocable estate planning trusts are mirror images of each other because the spouses want to provide for their children in the same way. Once both parents die, the children are often left with multiple trusts that can be onerous to administer. Wouldn’t it be easier if the trusts could be collapsed into a single trust? What if instead of managing two or more trusts for each beneficiary, there is only one?
In this presentation we discuss the issues and considerations that planners need to identify and consider when presented with mirroring spousal trusts.
In this presentation we discuss the issues and considerations that planners need to identify and consider when presented with mirroring spousal trusts.
Course Content
9:00 - 9:20 amConsiderations for Merger of Spousal Trusts When Both Are Deceased
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
9:20 - 9:30 am
Merger by Trust Terms of Spousal Trusts When Both Are Deceased
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
9:30 - 9:35 am
Merging Mirroring Spousal Trusts When Both Are Deceased: NJSA
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
9:35 - 10:00 am
How to Merge Trust
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
10:00 - 10:15 am
Merging Mirroring Spousal Trusts When Both Are Deceased: Case Study 1
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
10:15 - 10:45 am
Merging Mirroring Spousal Trusts When Both Are Deceased: Case Study 2
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
Molly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
10:45 - 11:00 am
'Ask the Experts' Q&A Session and Key Takeaways
Panel
Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
Speakers
ChairMolly R. Soiffer, Esq.,
Bove & Langa, PC, Boston
Faculty
Nikki Marie Sherwood, Esq.,
Nutter McClennen & Fish LLP, Boston
