Maslon's Inaugural Forum on Wealth Management and Litigation

Attorneys from Maslon's Trust & Estate Litigation and Estate Planning groups will host financial advisors, attorneys, and other wealth management professionals on Sept. 12 for the firm's Inaugural Forum on Wealth Management and Litigation. The half-day program in Minneapolis will feature panel discussions on advanced estate, tax, and business succession planning strategies, as well as the ways litigation can impact even the best laid plans.

Program Description

It’s been said that best laid plans often go awry. Perhaps no one knows this better than the advisor or counsel tasked with helping high net worth clients create and execute plans for the transfer of significant assets, a process often complicated by unforeseen circumstances and complex family dynamics. Helping such clients maximize the impact of their assets requires sophisticated and practical strategies, as well as command of the evolving legislation and case law relating to both tax and wealth. In this interactive forum, financial advisors, attorneys, and other wealth management professionals will discuss proven practices for crafting resilient estate and succession plans, as well as lessons learned in disputes involving the same.

Agenda

• 9-9:30 a.m. | Registration & Breakfast
• 9:30-10:30 a.m. | Legacy Building Blueprint: Advanced estate, tax, and business succession planning for high net worth individuals and families
• 10:30-10:45 a.m. | Break
• 10:45-11:45 a.m. | Best Laid Plans: How litigation can defend, explore, and even undo Settlor's intent 
• 11:45 a.m.-1 p.m. | Networking Lunch

Panel 1 | Legacy Building Blueprint: Advanced estate, tax, and business succession planning for high net worth individuals and families

Wealth management professionals carry the important responsibility of helping clients identify how their assets will be used to bring about their desired legacy. But as Lewis Carroll once said, "If you don't know where you're going, any road will get you there." This presentation will provide varied perspectives on how and when to help clients define legacy, including that it need not begin at death. Presenters will cover best practices for maximizing wealth from a variety of sources—including business, accumulated, and inherited assets—as well as tax-efficient strategies for enjoying and sharing wealth during one’s lifetime—from early wealth transfer and wise spending to witnessing the profound impact of charitable contributions. Finally, we'll address important upcoming tax law changes to help ensure your clients are well-prepared for the future.

• Moderator: Matthew Frerichs, Partner, Maslon LLP
• Panelists:
  • Angela Alvig, CPA, Founder & Personal Wealth CFO, Simplify Wealth LLC
  • Sean Hauenstein, CPA, Partner, Copeland Buhl & Company PLLP
  • Michael Sampson, Partner, Maslon LLP
  • Peter Slocum, Managing Director, Bayview Capital

Panel 2 | Best Laid Plans: How litigation can defend, explore, and even undo Settlor's intent

Few people anticipate that their carefully constructed estate plan could one day become the subject of litigation. When disputes do arise, they often revolve around settlors’ intentions—or at least what people think settlors intended. In this presentation, panelists will discuss "red flags" in wealth transfer planning that can indicate some likelihood of disputes, e.g., favored siblings, informational asymmetry, and beliefs about what Mom or Dad "really" wanted. Panelists will also discuss several mechanisms in the probate and trusts codes that can be used to resolve such disputes.

• Moderator: Evan Nelson, Partner, Maslon LLP
• Panelists:
  • Carly Johnson, Associate, Maslon LLP
  • Robyn Ingber, Trust & Estate Strategist, NorthRock Partners
  • Jason Schuller, Sr. Estate Planning, Trust & Legal Consultant, Fiduciary Counselling, Inc.

Registration

Please contact us to learn more.