Understanding Special Needs Trusts
Category: On Demand
Member Price: $208
Non-Member Price: $260
Areas of Law: Real Property, Trust, & Estate
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 3.3 hours of total CLE credit, including 1.2 in Ethics (Full Credits Available: NJ Ethics: 1.2, NJ General: 2.1). |
| NY CLE (t&nt): | NY Ethics Non-Transitional: 1.0, NY Professional Practice Transitional: 2.0 |
| PA CLE: | PA Ethics Credit: 1.0, PA Substantive Credit: 1.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Featured Speaker
Moderator
- Mark R. Friedman, Esq.
- Friedman Law, Bridgewater
- Lawrence A. Friedman, Esq., CELA
- Friedman Law, Bridgewater
Presenters
- Robert I. Aufseeser, Esq., LL.M.
- Law Office of Robert Aufseeser LLC, East Brunswick
- Crystal West Edwards, Esq., CELA
- Past President, New Jersey Chapter of the National Academy of Elder Law Attorneys
Porzio Bromberg & Newman, PC, Morristown
Special needs trusts permit gifts, devises and litigation recoveries to benefit individuals with serious disabilities without jeopardizing key government aid. Individuals with serious disabilities often qualify for government benefits like Supplemental Security Income, Medicaid, Division of Developmental Disabilities residential placements and day programs and housing aid. However, estate plans and personal injury recoveries are usually disqualifying unless they include special needs trusts. To effectively represent clients in such matters, it is essential to have a functional understanding of these specialized trusts.
Presented by a distinguished panel of practitioners, the program begins with a basic overview of what special needs trusts are, when to use them, and key considerations for choosing a trustee. Later, the panel will explore ethical issues that arise regarding personal injury settlements and the use of AI in trusts and estates. Lastly, the panel will explore potential legal challenges regarding SNTs and how to handle them.
Register today to gain a solid foundation for navigating the use of special needs trusts, or for a refresher of the basics for those with a pre-existing foundation!
Program Agenda:
- 1:00 | Introduction
- 1:05 | Basics of SNTs – what is a special needs trust, when is it used, and understanding first-party vs. third-party - Mark Friedman, Esq.
- 1:30 | Choosing a trustee – friend, family, professional or bank; Trustee obligations - Crystal Edwards, Esq.
- 2:20 | Break
- 2:30 | Ethical Issues of personal injury settlements and SNTs; Using artificial intelligence (AI) in trusts and estates practice - Lawrence Friedman, Esq. and Robert Aufseeser, Esq.
- 3:30 | SNTs and the courts – when you might have to go to court over an SNT, and how to handle court cases - Mark Friedman, Esq.
- 4:00 | Adjourn