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DTSTART:20190207T220000Z
DTEND:20190208T000000Z
LOCATION:Weber's Inn - 3050 Jackson Ave, Ann Arbor, MI 48103
UID:1742420190207T220000ZDirection and Dissection of Trust Protection under New Section 7703
DTSTAMP:20260704T225342Z
DESCRIPTION:Estate and tax planning for private clients requiring sophisticated wealth management Trust banking representations as special counsel in contested proceedings concerning trust instruments and wills and as legislative counsel Expert testimony in trust-administration and tax-planning malpractice defense matters Michigan law reform Drafted “separate trustees” proposal enacted as 2018 Michigan Public Act No. 662 Drafted statutory "trust decanting" proposal enacted as 2012 Michigan Public Acts Nos. 483, 484, and 485  Drafted rule against perpetuities reform proposal enacted as the Personal Property Trust Perpetuities Act, 2008 Michigan Public Acts Nos. 148 and 149 Testimony (2008, 2010, 2011, 2012) regarding divided and directed trusteeships, trust decanting, and rule against perpetuities reform before Michigan Senate Judiciary Committee and Michigan House Committees on Judiciary and Banking and Financial Services   Private trust company representations Directed formation of, and helped formulate tracking protocols for, large, proprietary pools of measuring lives for reference in instruments exercising special powers of appointment over client trusts grandfathered under the U.S. Treasury's generation skipping transfer tax effective date regulations Created special governance structures designed to avoid attribution of tax sensitive fiduciary powers to stock-holder beneficiaries of client trusts Advice to private trust companies and their owners on securities regulation filings in respect of fiduciary accounts holding concentrated positions in publicly traded securities  Representation of grant-making organizations, including company-sponsored foundations, with respect to formation, governance and regulatory compliance Representation of public charities in contested proceedings concerning charitable gifts under trust instruments and wills
SUMMARY:Direction and Dissection of Trust Protection under New Section 7703 - Washtenaw Estate Planning Council, Inc. 
PRIORITY:3
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DESCRIPTION:Reminder
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