It happens every week. An Enrolled Agent calls or emails with questions about trusts drafted during the 1990s and 2000s which are no longer drafted for current tax law and which unintentionally cause administrative and capital gains tax heartaches. Is there hope for “stale” trusts? What can be done legally to reform or workaround their provisions? What are the perils of ignoring their provisions as they relate to subtrust funding? This is a “real world” course; examining case studies. Hot topics include: the liabilities that arise from complying with, or disregarding, subtrust funding requirements; techniques to avoid liability and to legally reinstate tax savings; and, how to work with attorneys to protect trustees and beneficiaries who may be in conflict.
D6 – What To Do With Stale Trusts
Speakers
Tracy S. Regli, Esq.
Acuña Regli, LLP
https://acunaregli.com/
Tracy S. Regli is a founding partner of Acuña Regli. She is a California State Bar certified estate planning, trust, and probate law specialist. Tracy focuses her practice on probate and trust administration, fiduciary representation, conservatorship and special needs matters. She has assisted many banks, fiduciaries, and family members with administering large and small estates throughout California.
Prior to starting the firm, Tracy worked for a national real estate investment trust, negotiating and drafting commercial real estate transactions. Her extensive business experience makes her a more effective lawyer when administering estates and negotiating disputes for her clients. Tracy is an active member of the Alameda and Contra Costa Bar associations, and the Professional Fiduciary Association of California (PFAC). She serves as a board member on the Contra Costa County Bar Association Estate Planning and Probate Section and is court-appointed counsel for proposed conservatees in Contra Costa County. Tracy is a sought-after speaker and has spoken at PFAC, Estate Planning Council meetings and conventions.
Frank R. Acuña, Esq.
Acuña Regli, LLP
https://acunaregli.com/
Frank Acuña is a founding partner of Acuña Regli, LLP. He is a California State Bar certified estate planning, trust, and probate law specialist. His practice includes estate planning; inheritance litigation; business succession planning; special needs trusts; and farm, ranch, and vineyard succession planning. Acuña Regli, LLP has offices in Pleasant Hill, with satellite offices in Fairfield and Berkeley.