Very few estate planners suggest out-of-state trusts to their clients. The presenter will explain the benefits of this planning and will show many of the benefits that can be achieved by using other states' trust laws in order to obtain more favorable creditor and divorce protection, state income tax savings, estate tax savings and greater flexibility to decant trusts to obtain many of these benefits and/or to make other changes.
1. Learn why to use another state for trusts
2. Learn the differences among many of the more favorable trust jurisdictions