Day 1: Estate Planning ~ Thursday, March 21
8:30 a.m. Registration
8:55 a.m. Welcome and Opening Remarks
9:00 a.m. Substantive Law of South Carolina
Intestacy, elective share, memorandum for personal property, wills construction, definitions, qualification for a valid will and witness requirements
Angela M. Kirby
10:00 a.m. Break
10:15 a.m. Initial Estate Planning Interview/ Ethical Issues
Joint representation, multi-generational representation and competency
Scott W. Hutto
11:15 a.m. Drafting Wills and Revocable Trusts
Scott W. Hutto
12:15 p.m. Lunch (included)
12:45 p.m. Drafting Wills and Revocable Trusts (continued)
Scott W. Hutto
1:45 p.m. Drafting Powers of Attorney and Living Wills
Kathryn C. DeAngelo
2:30 p.m. Break
2:45 p.m. Non-Probate Transfers
Joint accounts, JTROS, life insurance, IRA/qualified plans and trusts
Catherine H. Kennedy
3:30 p.m. Estate Planning Pitfalls
Tax traps (Estate, Income, Gift and GST), coordination of probate and non-probate transfers and ambiguities
Daniel K. Hicks
4:15 p.m. Estate Planning Panel Discussion
5:00 p.m. Adjourn
Day 2: Probate ~ Friday, March 22
8:30 a.m. Registration
9:00 a.m. Ethical Considerations for the Probate Practitioner
Kathryn C. DeAngelo
9:45 a.m. Estate Administration
Small estates, summary administration, formal vs. informal administration, inventory and appraisement
Catherine H. Kennedy
10:45 a.m. Break
11:00 a.m. Estate Administration
Creditor claims, distribution of assets, and closing the estate
Catherine H. Kennedy
12:30 p.m. Lunch (included)
1:00 p.m. Estate, GST and Income Tax Issues to Consider in Probate Administration
Daniel K. Hicks
2:00 p.m. Break
2:15 p.m. Special Probate Situations
IRAs/qualified plans, business entities, family settlements, disclaimers and sale of assets
Angela M. Kirby
3:15 p.m. Probate Panel Discussion