Revocable & Irrevocable Trusts: Piloting the Maelstrom with a Steady Hand
| Faculty: | Michael Markhoff |
| Production Date: | June 30 2009 |
| Knowledge Level: | Intermediate |
| Prerequisites: | None |
Description
Michael Markhoff offers a compelling discourse on the delineations between irrevocable and revocable trusts. Discussions of the former include a detailed profile of the typical client, the alternatives and disadvantages of irrevocable trusts, and matters of survivorship life insurance. Examinations of revocable trusts cover a wide spectrum of topics, ranging from avoiding probate to spousal rights. With a sharp eye for nuance and an expansive body of knowledge, Markhoff leaves no stone unturned in this stirring and timely lecture.
Learning Objectives:
I. Understand the different types of will and trusts
II. Know the tax consequences of an irrevocable trust.
III. Elaborate on the alternatives to an irrevocable trust.
IV. Establish the advantages and disadvantages of an irrevocable trust.
V. Foresee the differences between a revocable and irrevocable trust.
VI. Understand the differences between a will and a trust.
Instructional Method: Self-Study
FurtherEd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org
User Reviews
Cory (Cross River, NY)
Basic, but effective
Andrea D. (West Hempstead, NY)
Excellent!
Stephen (., AL)
just fantastic teaching style
Brad (Wellington, FL)
interesting
Fred (New York, NY)
One of the best speakers I have heard on this site. Very clear, excellent presentation.
Precious (Brooklyn, NY)
Good!
Karen (Macon, GA)
very well presented
Edward (New York, NY)
informative
Shannon (Birmingham, AL)
totally likable guy
Adam (Denver, CO)
This one was really well done I thought.
Adam (Mansfield, TX)
Very informative speaker.
Darryl (New York, NY)
good job. Lots of info very fast
Rebeccah (seattle, WA)
great
Steven (Birmingham, AL)
Good presentation and I found the presenter likeable and knowledgeable.
Paul (Monroeville, AL)
very informative
Heather (Seattle, WA)
He was very good. Appreciate his breadth of knowledge.
James (Huntsville, Al. 35801, AL)
good presentation
Will (Talladega, AL)
Great
Christina (New York, NY)
Excellent speaker. Very substantive and informative.
woody (Los Angeles, CA)
Good lecture
Thomas (New York, NY)
I was very impressed with this presentation
timothy (New York, NY)
Great speaker and materials on practical applications
Deborah (Arlington, VA)
Excellent course
Benjamin (Reston, VA)
A lot of substance presented.
Adam (Falls Church, VA)
Excellent presentation by Mr. Markhoff. Very informative.
Debra (West Richland, WA)
Very informative and clarified some of my lack of understanding about revocable vs. irrevocable trusts
Soraya (New York, NY)
Complex material but provided practical information. Made it a bit easier to "digest."
Jeffrey (Waynesboro, VA)
the instructor does a great job, a valuable review for those with experience, but basic enough for the new lawyer
Cynthia (Westbury, NY)
EXCELLENT, EXCELLENT, EXCELLENT...by far the best CLE out there...extremely, knowledgeable, informative, and downright funny...loved it!
Eric (Great Neck, NY)
Nice presentation of a dry topic.
Nicholas (Arlington, VA)
Outstanding..
David (Los Angeles, CA)
Course material was great. I wish the instructor spent more time outlining the concepts. However, I found the real life examples very helpful.
Henry (NY, NY)
Good, practical and informative course.
Sharlet (Washington, DC)
excellent lecture, i loved it!!
Christine (Manalapan, NJ)
Excellent course.
Claudia (Phoenix, AZ)
Excellent
Darrell (Phoenix, AZ)
Very informative and made a dull subject more interesting
Elizabeth (Armonk, NY)
This was definitely a high-level course (for a non-T&E practitioner), but the presenter was easy to listen to and informative.
Marc (woodbury, NY)
great
Jessica (Sanford, FL)
Great course, somewhat complex subject matter that was moved through very quickly. Liked the examples provided by the instructor.
Barbara (South Salem, NY)
Excellent presentation! Came away with working knowledge of both.
Anita (Knightdale, NC)
Great speaker who made a complicated topic easier to digest. I learned alot more about the subject.
John (Park Ridge, IL)
Excellent discussion of estate planning and the best use of trusts.
David (New York, NY)
Extremely effective and engaging presentation
Jack (Harrisonburg, VA)
Very well presented!
Robert (Spokane, WA)
I loved the practical, straight-forward, non-technical approach that Mike took in presenting this potentially complicated subject matter. I learned a lot.
Tim (Tucker, GA)
Very helpful
Susan (Springfield, OR)
Very Good Content
Michael (Montgomery, AL)
Very informative
Erik (Grand Junction, CO)
Tons of useful information in such a short time.
Alan (Alexandria, VA)
Excellent presentation with real-world application to myself and family.
John (Indianapolis, IN)
comprehensive and clear
Ann (Boulder, CO)
excellent
Michael (Ashland, OR)
Very good, entertaining to boot. Reminds me of Woody Allen.
George (Denver, CO)
Great. Engaging speaker that moved through the material quickly and clearly.
David (Millburn, NJ)
Good presentation. Mr. Markhoff showed an excellent knowledge of the subject matter.
Jean (Gig Harbor, WA)
Excellant information; impressive presentation.
Carlos (San Francisco, CA)
Well presented and clearly communicated. Engaging speaker as well.
Jerome (Mechanicsville, VA)
Good course
Alan (Toms River, NJ)
excellent, in-depth course
Susan (Birmingham, AL)
One of the best I have ever listened to or attended. This speaker was well prepared and extremely knowledgeable.
Brad (Bend, OR)
Outstanding and a pleasure to listen to.
Robert (Cincinnati, OH)
This is a very well done course, and I would recommend it to all.
Laura (Roanoke, VA)
Very good speaker, explained complicated subject matter in a very easy-to-understand way.
Aubrey (Brooklyn, NY)
Excellent
Michael (Westerville, OH)
Very thorough and did a good job explaining a complex subject.
John (Reston, VA)
This was excllent, presented in clear, plain English, without a lot of legalise.
Robert (Arlington, VA)
Excellent in terms of material covered and presentation. All substance no filler.
Jason (North Chesterfield, VA)
Excellent material.
Donald (Great Neck, NY)
good presentation
Tytenia (Wahiawa, HI)
Great!
Natasha (WHITE PLAINS, NY)
GREAT speaker and very good information. Basic, but good review.
john (ny, NY)
Great speaker. Easy to follow and understand.
Rebecca (New York, NY)
Excellent. Covered a lot of important material in a short time.
John (Marion, IL)
Best program I have watched
Deborah (Winnetka, IL)
Outstanding. Very understandable and interesting
Rajesh (Washington, DC)
This was great -- much better than the financial planning course
William (Chicago, IL, IL)
One of the best
Gerald (Coral Gables, FL)
He was truly excellent and knowledgeable and thorough. A wonderful lecture.
Michael (Cumming, GA)
This guy is great!!
thomas (chicago, IL)
Makoff is very knowledgeable but assumes quite a bit of foreknowledge on the part of the auditor.
Donald (Bradenton, FL)
Very informative
Michael (Centennial, CO)
Maybe a little too specific to NY.
Patrick (Brooklyn, NY)
One of the best I've seen.
Lori (Austin, TX)
Excellent presentation! I appreciated the discussion of differences between states.
Harry (Springfield, VA)
great course.
Patrick (Denver, CO)
Michael is very knowledgable and made a dull topic very interesting. Very well done and quite thorough.
Thomas (Haiku, HI)
One of the best I've seen! Excellent discussion of the real life, practical application of estate planning concepts.
Vickie (philadelphia, MS)
Was a very good course!
Jeffrey (Richmond, VA)
Excellent presentation. The lecturer really eplained the differences between a revocable irrevocable trust well. The advantages and disadvantages were also discussed in an easy to understand way.
Alison (New York, NY)
Excellent program.
Eric (Vero Beach, FL)
Michael gave a great presentation. The presentation was interesting from beginning to end. I feel like a should be having a bagel with Michael.
Matthew (Hoboken, NJ)
excellent class
Michael (San Ramon, CA)
Great speaker
David (Manhasset, NY)
Fabulous CLE!
Alexander J. (Belle Harbor, NY)
Excellent guidance for handling trust matters.
Neil (Norfolk, VA)
Michael has a nice speaking style and seems very topic savy.
Christopher (Denver, CO)
Lively, listenable presentation.
Chris (Portland, OR)
One of the best classes I've taken on lawline
Veronica (Lake Mary, FL)
Excellent. Learned more in this 2 hours than an entire semester of law school!
Christina (Springfield, VA)
Fantastic course. Very informative and interesting.
Linda J (Manalapan, NJ)
I would have liked more info on NJ estates and NJ tax law. This had a NY focus.
Leonard (Manalapan, NJ)
Too much material to cover in a short course
Richard (Auburn, AL)
The information provided was very practical
Elisabeth (Centreville, VA)
Very interesting with great examples.
Michael (Harrisburg, PA)
great speaker
Paul (Hackensack, NJ)
excellent presentation
Richard (Macon, GA)
Markhoff is an excellent speaker. Making the subject of trusts interesting is always difficult. Humor is always appreciated.
Tejal (Wilmington, DE)
Very interesting, covered important information and was very clear and concise.
George (Hanceville, AL)
Good information.
Daniel (Manassas, VA)
One of the best I've seen on your service. The speaker took an incredibly boring subject and made it bearable.
Stuart (New York, NY)
Excellent presentation
Melvin (Lake Success, NY)
Excellent presentation. Highly worthwhile
John (Tuscumbia, AL)
Excellent seminar. I learned alot of useful things to immediately implement into practice. Would highly recommend
Wil (Freeport, NY)
Very good course.
Kira (New York, NY)
Excellent.
stephan (freehold, NJ)
excellent course. Very informative. Well presented.
Dennis (Davis, IL)
Very helpful and practical information. Speaker made a dry topic very interesting. His use of real examples and experience was very good.
Peter (Deer Park, NY)
Very good information on Trusts and Estate Tax Issues
cherie (n valley stream, NY)
really great class!
Bernice (Waldport, OR)
Good basic overview. Helpful to me as this program covers an area I have not practice.
Jill (Denver, CO)
Very informative. Thanks.
Edward (Fitzgerald, GA)
Great basic introdution to Trusts.
Michelle (Chicago, IL)
Scope is a little too broad probably.
Patrick (Mineola, NY)
This speaker was outstanding! He knew the area of law excweptionally well, had good practical advice. I truly learned something from this course.
Jason (Weston, FL)
very timely - good course
Gail (Virginia Beac h, VA)
Very interesting, well presented.
Frederick (Star Tannery, VA)
One of the best CLE classes I have taken.
Paul (New York, NY)
This I will use.
Susan (Leesburg, VA)
Enjoyed this course!
Anthony (New York, NY)
Since I'm unfamiliar with this area,it was a very helpful course, particularly the discussion of family tusts.
Lawrence (Colonial Beach, VA)
Good conversational presentation... a bit rambling in spots, but lots of critical data...
bonnie (seaside park, NJ)
great
Gary (Brooklyn, NY)
excellent overview
John (Madison, WI)
excellent pratical program
William (Great Falls, VA)
The course materials should be more substantive and contain specific information, rather than just a basic outline.
Maureen (Amityville, NY)
Made a confusing subject understandable.
Beth (Winchester, VA)
VERY INFORMATIVE
James (White Plains, NY)
Excellent speaker!
haewon (Mount Kisco, NY)
I wish the course was longer. Mr. Markhoff was excellent but the course was rushed at times due to lack of time.
Emily (West Windsor, NJ)
well done - very clear and helpful info.
David (Huntington, NY)
Best seminar I've seen. Made a tough subject very understandable. I'll call Michael to handle my estate plan.
Joung Ho (Flushing, NJ)
good explanation of different types of trust
Corey (New York, NY)
The speaker was terrific -- informative, clear and easy to listen to. I wish the written materials were more comprehensive.
thomas (rochester, NY)
I know nothing about trusts so this seminar was eye opening. We use SNT in settlements but I have trust attorney draft.
Amy (Victorville, CA)
This was one of the best.
Adrienne (New Rochelle, NY)
excellent
Celia (Kissimmee, FL)
Excellent coverage at a high level.
Susan (Boston, MA)
Interesting sprinkling of what is done in other jurisdications like CA and FL.
Andrea (Mableton, GA)
very good.
James (New York, NY)
Outstanding program and speaker. A great refresher course that reinforced concepts and strategies that I learned previously, but well-worth listening to again.
David (Rochester, NY)
Course should be specified for introductory level only. Too basic.
Allison (Louisa, VA)
Teriffic seminar!
Jennifer (Washington, DC)
Great speaker.
Michael (Alexandria, VA)
very informative
Deyar (Chicago, IL)
Very enthusiastic speaker and very clear on issues.
Philip (Bronx, NY)
Informative
Annelle (SYRACUSE, NY)
Excellent speaker with obvious depth of knowledge of topic
Kristine (Georgetown, TX)
Great program, very informative
Stephen (Boca Raton, FL)
good presentation.
Paula (Dallas, TX)
Great Speaker!
Somaly (Vienna, VA)
very interesting
H. Michael (Willowbrook, IL)
Very good presentation
Paul (Apollo Beach, FL)
Lots of detail on the various trust agreements.
Joseph (Cranston, RI)
Good speaker
James (Chicago, IL)
good
Jeffrey (Lincolnshire, IL)
Directed more to NY attorneys and local law. Nonetheless, speaker very good.
Tara (Eureka, IL)
The topic wasn't very relevant for IL practitioners.
Steven (Chicago, IL)
Excellent overview
Matthew (Mastic, NY)
Wonderful speaker. His passion for the topic is obvious. Best presenter I've seen so far.
Phillip (Chicago, IL)
Extremely knowledgeable and well-presented
Brian (Hoboken, NJ)
The best CLE I have listened to yet. This is a must listen.
Richard (Chicago, IL)
Excellent program; excellent speaker.
Fredda (Chicago, IL)
Completely engaging, highly substantive presentation. Bravo!
Lawrence (Chicago, IL)
Excellent presentation.
Jacob (Chicago, IL)
Excellent instructor.
Christine (Elmhurst, IL)
amazing amount of information. wish you had one for illinois.
Rebecca (Chicago, IL)
good presentation
Joseph (Frankfort, IL)
Very practical and good information for solo practitioners who do some estate planning.
Reginald (Peekskill, NY)
A most excellent presentation!
Russell (Marlin, TX)
Brilliant presentation. Mr. Markhoff intelligently pierced the fallacy of family trusts widely marketed by insurance agents and financial planners and presented precise reasoning for these valuable tools.
Michael (Merrick, NY)
speaker was excellent and made topic interesting and user friendly.
Sara (Chicago, IL)
Too much emphasis on NY law, but substantively useful anyway.
Steven (River Forest, IL)
Best course of the series---very clear, concise explanations with no unneeded repetition.
Jason (Chicago, IL)
Yes for estate planning attorneys
Michael (Atlanta, GA)
Excellent!! thank you
Anne Marie D. (middle village, NY)
The speaker was quite knowledgeable in the field and the material and presentation enabled me to be more confident in advising clients.
Mark (Aspen, CO)
Very good presentation on trusts, their use and downfalls.
Jonathan (Tullahoma, TN)
Outstanding speaker.
Mitchell (Tallahassee, FL)
Superb!
Robert (Munster, IN)
Very informative and easy to understand.
Lynn (East Hampton, NY)
Excellent update.
Julius (belle harbor, NY)
Excellent,
Malcolm (Dunnellon, FL)
Mr.Markhoff does good job of illustrating the differences between revocable trusts and irrevocable trusts and explaining the alternatives related thereto. Also, when to use specialized instruments such as "Q-Tip Trusts".
Kenneth (Hoboken, NJ)
Very good overall.
Michael G. (Brooklyn, NY)
excellent presentation one of the best
Felicity (New York, NY)
An interesting and even witty program on a dry and highly technical subject.
MIchael (Pittsfield, MA)
Atty Markhoff is an excellent speaker. The fact that he cited to real world situations added to an already extraordinary presentation.
karina (Fort Lee, NJ)
interesting information
Eloisa (Miami, FL)
Very informative and clear.
Darlene (Oceanside, NY)
Presented a relatively complex area in a clear and organized manner, providing both the "big" picture and the relevant details. Well done!
hippocrates (eastchester, NY)
excellent, very informative on a current topic
Timothy (Fox Lake, IL)
Great seminar that is suitable for any attorney and would provide great value for the individual or provide a working knowledge to understand and recognize issues so their own clients can be properly and timely referred to the estate experts.
Tiffany (Brooklyn, NY)
Good presentation of a complicated topic.
Susan (Manhasset, NY)
Great lecture, very informative
Kristina (King George, VA)
Excellent! Hard subject made understandable.
Christopher (Perry Hall, MD)
Valuable update on an area I have not studied closely since law school.
Stephen (New York, NY)
excellent presentation
Nancy L. (Ramsey, NJ)
Interesting presentation
Ira L (SPRINGFIELD, VA)
Good speaker. Made a tough subject clear.
Robert (Frisco, TX)
Very well done!
Richard (Wellington, FL)
Informative AND useful. Kept my attention. So good, I even rewatched some of it!
nancy (chicago, IL)
good info
Edward (Chicago, IL)
Markhoff is one of the best I have seen, if not the best.
George (San Jose, CA)
Excellent
Phyllis (new suffolk, NY)
terrific, very thorough
Brian (New York, NY)
The course was informative and provided clear written materials.
Octavio (Chula Vista, CA)
Favorite MCLE!
Gerald (Cedarhurst, NY)
This speaker was both engaging and at times funny. he kept the material which was otherwise dry somwhat interesting.
Clark (Beaverton, OR)
Nice presentation. The real-life examples made it much easier to understand the materials.
Nelson (New York, NY)
Very Good
Lindsey (WELLINGTON, FL)
Good conversational discussion of these topics and choices.
Vesna (Tillamook, OR)
Excellent! Very informative, organized and presented well.
Cesar (New York, NY)
Very informative
Gerald (Hermitages, TN)
Excellent program!
Jacqueline (Cornwall-On-Hudson, NY)
Great speaker - hit good topics quickly and with clarity...loved it!
Cassandra (Warrenton, VA)
Good speaker - wish I had been there to argue with him!
John (Culpeper, VA)
best one yet
James (Virginia Beach, VA)
Very good. Speaker is good and knows what he's talking about.
Delfin (Bowie, MD)
It is very informative
Jessica (Arlington, VA)
The topic was covered very thoroughly. The anecdotes were entertaining and good illustrations.
Lori (great falls, VA)
great speaker - great knowledge. I'm going to search for another class on this topic by Mr. Markoff
Kathleen (Scarsdale, NY)
Well organized, thoughtfully delivered and detailed presentation.
Michael (Niagara Falls, NY)
great
James (Chicago, IL)
Best seminar on your site
Opal (Rochester, NY)
Great presentation by a fast-talking, funny, clearly knowledgeable presenter of what could have been a very "dry" topic for me, but, instead, was very enjoyable and interesting.
Price: $60.00
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General Credits
| State | Credits |
|---|---|
| AK | 1.50 |
| AL | 1.50 |
| AZ | 1.50 |
| CO | 2.00 |
| CPE | 4.00 |
| EA | 1.00 |
| GA | 1.50 |
| HI | 1.50 |
| MO | 1.50 |
| ND | 1.50 |
| NJ | 1.50 |
| NY | 1.50 |
| PA | 1.50 |
| RTRP | 1.00 |
| WA | 1.50 |
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