Nominee trusts are often used in the context of real estate transfers, primarily to protect the privacy of the parties involved and effectuate estate planning goals. Learn what a nominee trust is and how and why they are used in real estate transfers. Hear the speakers review how nominee trusts are structured and discuss important factors to consider when drafting these types of trusts on behalf of your clients. They also discuss real estate title issues encountered when utilizing nominee trusts, explore the use of trustee certificates as an alternative to recording a nominee trust, and conclude by highlighting some of the basic traps for the unwary when attorneys utilize nominee trusts in their practice.PROGRAM SPONSOR
Course Content
12:00 - 12:10 pm - What Are Nominee Trusts?Carrie B. Rainen, Esq.,
Rainen Law Office, PC, North Andover
12:10 - 12:20 pm - Why and How Are Nominee Trusts Utilized?
Kristin A. Monaco, Esq.,
Nigro, Pettepit & Lucas LLP, Newburyport
12:20 - 12:30 pm - Nuts and Bolts of Drafting Nominee Trusts
Kristin A. Monaco, Esq.,
Nigro, Pettepit & Lucas LLP, Newburyport
12:30 -12:45 pm - Trustee Certificates
Kristin A. Monaco, Esq.,
Nigro, Pettepit & Lucas LLP, Newburyport
Carrie B. Rainen, Esq.,
Rainen Law Office, PC, North Andover
12:45 - 1:00 pm - Title Requirements for Real Estate Transfers to a Nominee Trust
Carrie B. Rainen, Esq.,
Rainen Law Office, PC, North Andover
1:00 - 1:20 pm - Traps for the Unwary
Panel
1:20 - 1:30 pm - “Ask the Experts” Q&A Session
Speaker(s)
FacultyLaurel M. Millette, Esq.,
Transitions Law LLC, Concord
Kristin A. Monaco, Esq.,
Nigro, Pettepit & Lucas LLP, Newburyport
Carrie B. Rainen, Esq.,
Rainen Law Office, PC, North Andover
