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About the Teleseminar

Trusts are no longer a certain mechanism for preserving assets from loss in a divorce.  Over time the law has changed and in many states allows a divorcing spouse to make a claim on the income or assets of a trust benefiting the other spouse.  This is often a shocking realization for trust settlors and beneficiaries and can substantially complicate estate planning.  The rules are not uniform and the viability and extent of a claim depends on the type of trust, the type of beneficiary interest that is held, and the value placed on that interest.  This program will provide you with a practical guide to the law of division of trust assets or income in a divorce, the states where and the circumstances in which claims cause the greatest depletion of assets, and estate planning to minimize loss.

  •  Division of trust interests in divorce and estate planning considerations
  •  Types of interests in trusts – what types of rights are subject to division and which are not?
  •  Determining when an interest becomes separate and subject to a divorcing spouse’s claim
  •  Understanding the intricacies of valuing a trust in a divorce – what portion of appreciation is       subject to division?
  •  Special issues in multi-generational trusts
  •  Multijurisdictional issues in the division of trust assets

About the Speaker

Missia H. Vaselaney is a partner in the Cleveland office of Taft, Stettinius & Hollister, LLP, where her practice focuses on estate planning for individuals and businesses.  She also represents clients before federal and state taxing authorities.  Ms. Vaselaney is a member of the American Institute of Certified Public Accountants and has been a member of the Steering Committee for AICPA’s National Advanced Estate Planning Conference since 2001.  Ms. Vaselaney received her B.A. from the University of Dayton and her J.D. from the Cleveland-Marshall College of Law.


Mandatory MCLE Credit Hours
This seminar qualifies for 1.0 MCLE Credit Hour, including up to1.0 Estate Planning & Probate Law Specialty Credit Hour. (Tentative)


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