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60 minutes
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5/18/2023 12:00:00 PM
Registration and Vendor Showcase
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30 minutes
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5/18/2023 1:00:00 PM
Plenary Session:
Welcoming Remarks and Announcements
Hear from the current president of the State Bar of Michigan as well as the chairperson of the Probate & Estate Planning Section.
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1:30pm-2:30pm
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5/18/2023 1:30:00 PM
Plenary Session:
Planning for Inherited Retirement Accounts in 2023 (Video Presentation - Plymouth)
The rules and planning implications for liquidating inherited retirement accounts in light of the 2022 regulations and the SECURE Act legislation; steps to take if a trust will be named as the beneficiary of an account; the best way to deal with retirement accounts in a blended family when there is a second spouse and children from a prior marriage.
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2:30pm-3:15pm
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5/18/2023 2:30:00 PM
Plenary Session:
Caselaw Update
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3:15pm-3:30pm
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5/18/2023 3:15:00 PM
Networking Break
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3:30pm-4:15pm
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5/18/2023 3:30:00 PM
Advanced Planning Track:
The 10 Most Controversial Issues in Michigan Estate Planning Law
Lady Bird deeds; co-patient advocates; co-trustees acting independently; acknowledgment by agent under power of attorney; providing copy of trust instrument to beneficiaries; no-contest clauses.
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3:30pm-4:15pm
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5/18/2023 3:30:00 PM
Core Concepts Track:
Advance Directives and Surrogate Decision-Making
Review the distinction between and relevance of capacity determination and legal competency; the processes and challenges in identifying medical surrogate decision makers in the absence of advance medical directives (AMD); the limitations and clinical utility of AMD content; recommendations and considerations for enhancing meaning and utility of AMD in clinical practice.
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4:15pm-5:00pm
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5/18/2023 4:15:00 PM
Advanced Planning Track:
So You Wanna Be a Philanthropist? (Video Presentation - Plymouth)
Cost-benefit choices for the philanthropist when choosing between a private foundation, a supporting organization, or a donor-advised fund; legal, tax, and administrative advantages and disadvantages of each philanthropic vehicle;
proposed rules that permit donor-advised funds to satisfy legally binding pledges.
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4:15pm-5:00pm
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5/18/2023 4:15:00 PM
Core Concepts Track:
Handling Small Estates
Affidavit of decedent successor; petition/order for assignment; summary administration/SOS to transfer vehicle.
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5:00pm-5:15pm
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5/18/2023 5:00:00 PM
Advanced Planning Track:
Questions and Answers
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5:00pm-5:15pm
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5/18/2023 5:00:00 PM
Core Concepts Track:
Questions and Answers
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60 minutes
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5/18/2023 6:00:00 PM
Networking Reception
Relax and join faculty, sponsors, exhibitors, and fellow registrants for light hors d’oeuvres and cocktails.
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60 minutes
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5/19/2023 7:30:00 AM
Registration, Continental Breakfast, and Vendor Showcase
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20 minutes
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5/19/2023 8:10:00 AM
Plenary Session:
Remarks from the State Bar Executive Director (Acme Only)
Hear from the executive director of the State Bar of Michigan. Peter Cunningham (Acme only), Executive Director , State Bar of Michigan, Lansing
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8:30am-9:30am
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5/19/2023 8:30:00 AM
Plenary Session:
Postpandemic Perspectives on Powering Your Probate Practice
Consider your current practice and business and where you want to be; impacts of the pandemic on marketing (if any); dynamic branding interactions even in unexpected locations; review key factors of your business plan and take a peek inside Terrence’s.
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9:30am-9:45am
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5/19/2023 9:30:00 AM
Networking Break
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9:45am-10:25am
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5/19/2023 9:45:00 AM
Business Planning Track:
Trustee and PR Duties with Professional Business Entities: Planning
Learned profession restrictions; dealing with heightened confidentiality requirements; nuances of planning for professionals.
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9:45am-10:25am
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5/19/2023 9:45:00 AM
Disability Planning Track:
Medicaid, Elder Law, and Disability Update 2023
Michigan and federal developments; updated and effective planning techniques; special needs strategies.
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10:25am-11:05am
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5/19/2023 10:25:00 AM
Business Planning Track:
Trustee and PR Duties with Professional Business Entities: Administration
Trust/estate business assets; LLC statute; QSSTs (Qualified Subchapter S Trusts); ESBTs (Electing Small Business Trusts); administration and accounting; tax reporting.
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10:25am-11:05am
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5/19/2023 10:25:00 AM
Disability Planning Track:
Drafting Special Needs Trusts
Identify need for a third-party trust versus first-party trust; incorporate pooled trusts or ABLE accounts; provide for proper distributions.
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11:05am-11:45am
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5/19/2023 11:05:00 AM
Business Planning Track:
Estate Planning for the Cannabis Business
Introduction to Cannabis Regulatory Agency disclosure requirements; learn drafting techniques for compliant structural safeguards and best practices for cannabis businesses; understand regulatory reporting obligations and administration upon death or incapacity; discussion of estate and gift tax considerations for cannabis business valuations.
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11:05am-11:45am
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5/19/2023 11:05:00 AM
Disability Planning Track:
Retirement Assets and Special Needs Trusts
See-through trust rules; how to get retirement assets to a special needs beneficiary or to a supplemental needs trust under the SECURE Act.
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11:45am-12:00pm
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5/19/2023 11:45:00 AM
Business Planning Track:
Questions and Answers
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11:45am-12:00pm
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5/19/2023 11:45:00 AM
Disability Planning Track:
Questions and Answers
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75 minutes
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5/19/2023 12:00:00 PM
Networking Lunch on Premises (Preregistration Required--Limit 100)
Enjoy lunch with colleagues and share your thoughts on the institute’s most thought-provoking topics.
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120 minutes
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5/19/2023 1:30:00 PM
SPECIAL ADVANCED SESSION: The Relation Back of Powers (Acme Only)
Resulting trusts; tax and nontax aspects of express trusts; conflict of laws.
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120 minutes
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5/19/2023 1:30:00 PM
SPECIAL BASIC SESSION: New Lawyers, You Have the Floor (Acme Only)
Ask your practice management and substantive questions in this open forum.
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7:30am-8:30am
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5/20/2023 7:30:00 AM
Registration, Continental Breakfast, and Vendor Showcase
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8:30am-9:15am
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5/20/2023 8:30:00 AM
Plenary Session:
Legislative Update
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9:15am-10:15am
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5/20/2023 9:15:00 AM
Plenary Session:
Take the Work Out of Your Workflow: An Estate Planning Case Study
Identifying inefficient processes in your office; improving your bottom line with process mapping; the disconnect between what a lawyer thinks is happening and what is actually happening; walk through a real-life example where small adjustments made big differences for an estates and trusts practice.
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10:15am-10:30am
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5/20/2023 10:15:00 AM
Networking Break
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10:30am-11:00am
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5/20/2023 10:30:00 AM
Law and Tech Track:
Subscription Drafting Systems Versus Automating Your Own Documents MP3 download available to all registrants after the seminar
The top subscription drafting systems available to estates and trusts lawyers; automating your own documents using built-in word processor functionality or moving to a document assembly platform such as HotDocs or HighQ; the pros, cons, costs, and benefits of each approach so you can make an informed decision about the best way forward for your office.
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30 minutes
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5/20/2023 10:30:00 AM
Real Estate Track (Acme Only):
Cottages: LLC Versus Trust Versus Co-Tenancies MP3 download available to all registrants after the seminar
Choice of entity; operational issues; developing the exit strategy; expecting the unexpected--and planning for it.
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11:00am-11:30am
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5/20/2023 11:00:00 AM
Law and Tech Track:
PDF Files and Programs: What Every Estates and Trusts Lawyer Should Know MP3 download available to all registrants after the seminar
Why everyone in your office needs to understand the risks and benefits of PDF files; using PDFs to reduce paper; important tools like redaction, metadata removal and electronic document security, Bates Numbering, splitting/combining PDFs, reducing file-size for electronic case filing, review/comment and PDF collaboration, adding signatures and stamps, routing PDFs for comments/feedback, and more; choosing the right program to perform these functions (you are not limited to Adobe Acrobat).
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30 minutes
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5/20/2023 11:00:00 AM
Real Estate Track (Acme Only):
Uncapping: Common and Unresolved Issues MP3 download available to all registrants after the seminar
Overview of uncapping; transfer of ownership; transfer of ownership exemptions; what’s missing; common and unresolved issues.
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11:30am-12:00pm
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5/20/2023 11:30:00 AM
Law and Tech Track:
Everything You Must Know about the Omnibus EPIC Changes and DPOA Act MP3 download available to all registrants after the seminar
Use EPIC’s new standby guardian tools; leverage-improved nonprobate transfer provisions; use new "silent trust" rules; get third parties to accept DPOAs; understand the statutory model DPOA; explore new drafting options under the Act.
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30 minutes
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5/20/2023 11:30:00 AM
Real Estate Track (Acme Only):
Fiduciary Responsibilities for Real Property MP3 download available to all registrants after the seminar
Authority; administration of real estate; necessary approvals; action by fiduciary such as trustee, guardian, conservator, personal representative; financial power of attorney; protective orders; conveyances and post-conveyance steps. David P. Lucas (Acme only), Vandervoort Christ & Fisher PC, Battle Creek
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12:00pm-12:15pm
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5/20/2023 12:00:00 PM
Law and Tech Track:
Questions and Answers
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15 minutes
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5/20/2023 12:00:00 PM
Real Estate Track (Acme Only):
Questions and Answers
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