771 Selected Topics in Estate Planning, Spring 2011 to Spring 2015

Categories: Estate Planning/Elder Law

Asset Management & Financial Planning

Course Page for Fall 2014 - Seaborg, Andrew

Selected Topics in Estate Planning: Asset Management and Financial Planning. This course offers students a comprehensive introduction to the financial markets, investment products, and financial planning. Practical in nature, the course’s primary goal is to help students “speak finance” and become financially street-smart attorneys their first day on the job. Topics covered include asset classes, investment products (mutual funds, ETFs, hedge funds, etc.), investment portfolio design, retirement planning, insurance products, and the credentialing and compensation of financial advisors. Case studies combine multiple themes and illustrate financial planning in practice. Guest lecturers from the community will share war stories, best practices, and address their areas of professional expertise. Some tax issues will be covered, but no prior work in tax is assumed.

Andrew Seaborg (MS in Finance, Investment & Banking, UW-Madison) is a Partner at The Capital Group in Madison. He advises families, trusts and institutions on investment management, employer-sponsored retirement plans, and financial planning. He has taught this class since 2007.

Recent Offerings of this course by this instructor

Estate & Business Planning: Closely Held Business

Course Page for Fall 2011 - Shiller, Mark

Selected Topics in Estate Planning: Estate and Business Plg for the Closely Held Business. Prereq: T&E & courses in tax and bus orgs, or consent. This course will cover the planning needs of owners of privately held businesses. We will explore how various estate planning techniques are used in the context of planning for the estates of business owners, as well as the broader business and management planning issues especially succession planning that emerge in this area. One focus will be on the structure of buy-sell agreements and a critique of how they are commonly implemented. Grade will be based on a take home exam, plus class participation.

Recent Offerings of this course by this instructor

Estate & Gift Tax

Course Page for Spring 2015 - Barden, Christine

The one-credit Estate and Gift Tax module will offer an overview, introducing the student to transfer tax issues at the federal (and to a limited extent) state level. The only prerequisite for the course is Trusts and Estates I. No prior exposure to transfer tax – or income tax – issues will be assumed. Because this is an introductory overview, and not strictly speaking a tax course, the Internal Revenue Code itself will not be required reading. Students will only be responsible for the Code to the extent discussed in class and in the readings. Topics that will be covered include: a brief history and overview of federal transfer taxation; important recent developments, including “portability” of the federal estate tax exemption and treatment of same sex spouses; components of the gross estate; allowable deductions and calculation of the federal estate tax; a brief look at state transfer taxes; and the relationship between federal estate tax and income tax. The Estate and Gift Tax module will be offered during the second half of the semester, March 12 - April 23, on Thursdays from 3:30 - 5:30 pm.

Estate & Trust Admin and Dispute Resolution

Course Page for Fall 2012 - Goldman, Jeffrey

Selected Topics in Estate Planning: Estate & Trust Admin & Dispute Resolution. This course will examine legal and interpersonal issues that arise in the administration of probate estates, testamentary trusts, and inter vivos trusts.  It will address the dynamics of interaction between the various parties, interpretation and implementation of governing instruments, powers and duties of fiduciaries, management of estate and trust assets, rights of beneficiaries, resolution of disputes, and distinctions between the applicable laws of different states.  The course will be taught on an intermediate level and will use real life situations to illustrate problem solving in this area.  Enrollment limit is 18. No P/F. Grade based on written assignments and class participation.  This course qualifies for the upper level writing requirement.

Recent Offerings of this course by this instructor

Estate & Trust Administration & Dispute Resolution

Course Page for Spring 2015 - Goldman, Jeffrey

Selected Topics in Estate Planning: Estate & Trust Admin & Dispute Resolution. This course will examine legal and interpersonal issues that arise in the administration of probate estates, testamentary trusts, and inter vivos trusts. It will address the Wisconsin probate code and newly enacted trust code (2014), dynamics of interaction between the various parties, interpretation and implementation of governing instruments, powers and duties of fiduciaries, management of estate and trust assets, rights of beneficiaries, resolution of disputes, and distinctions between the applicable laws of different states. The course will be taught on an intermediate level and will use real life situations to illustrate problem solving in this area. Enrollment limit is 18. Grade based on final exam and class participation.

Financial Planning & Asset Management

Course Page for Fall 2013 - Seaborg, Andrew

Selected Topics in Estate Planning: Financial Planning and Asset Management. This course will be geared towards students who want to know more about asset management, financial planning, and investment products, in order to better assist clients or simply to better understand the financial world. The course will cover such topics as Modern Portfolio Theory, investment products (mutual funds, exchange traded funds, and the like), investment portfolio design, retirement planning, the theory and structure of life insurance products, and the credentialing and compensation of financial advisors.  Case studies will combine multiple themes and illustrate financial planning in practice. Guest lecturers from the business school and community will address their areas of expertise. Some tax issues will be covered, but no prior work in tax will be assumed.

Andrew Seaborg (MS in Finance, Investment & Banking, UW-Madison) is a founding partner of The Capital Group at Lincoln Financial Advisors in Madison, where he focuses on investment portfolio design and advanced estate planning techniques. Before attending graduate school, he worked as a statistical analyst and did Japanese-English translation
work in Tokyo.

Recent Offerings of this course by this instructor

Marital Property

Course Page for Spring 2015 - Faucon, Casey

This two credit Marital Property course will provide an overview of Marital Property jurisdictions in the United States, the general differences between default marital property rules among the jurisdictions, and Wisconsin Marital Property laws under Wis. Stat. Ch. 766 and parts of Ch. 767. With respect to Wisconsin Marital Property in particular, topics to be covered include: classification of property under Ch. 766; management and control of marital property, access to and satisfaction of credit obligations; relationship between divorce law and marital property classification; spousal rights at death; and marital property agreements.

Planning Techniques for Taxable Estates

Course Page for Spring 2011 - Behrendt, Richard

This course will provide students with a working understanding of the

various strategies and techniques that high net worth families might use

to minimize federal estate taxes.  Some of the strategies that will be

reviewed include: Grantor Retained Annuity Trusts, Qualified Personal

Residence Trusts, Charitable Remainder Trusts, Irrevocable Life

Insurance Trusts, and Family Limited Partnerships.  One of the practical

considerations that we will consider is the relative level of IRS

scrutiny that can be expected with these techniques, and how that may

factor into the decision-making and planning process. 

Recent Offerings of this course by this instructor

Trusts & Estates I

Course Page for Spring 2015 - Erlanger, Howard

"TNE" is a survey course on the legal and policy aspects of transmission of property, usually at death. It covers such topics as intestate succession (dying without a will), wills, trusts and will substitutes, limitations on the disposition of assets and the impact of the Marital Property Act, powers of attorney and end-of-life decision making, and basic issues in the taxation of gifts and transfers at death. In addition to legal fundamentals, the course has a strong focus on how the law plays out on the ground.

Recent Offerings of this course by this instructor

Trusts & Estates II

Course Page for Spring 2013 - Erlanger, Howard

TNE II focuses on issues related to community property and federal gift and estate tax. Since it is only a two credit course, the material is still essentially introductory, although it is covered in substantially more depth than in TNE-I. Note that only TNE-I, not TNE-II, satisfies the diploma privilege requirement for Trusts and Estates.