The Minefields of the Professional as a Fiduciary: Do YOU know how to get through them?
May 26 @ 12:00 pm - 1:00 pm EDT
Guest Speaker: L. Paul Hood, Jr., JD, Speaker/Author/Consultant, PPI Dean of the Cutting Edge
Host: John A. Warnick, Esq., Founder, Purposeful Planning Institute
Description: Increasingly, more and more estate planners are diversifying their services to their clients and are serving as fiduciaries (executors, trustees, guardians and trust protectors) for their clients. Unfortunately, this area is fraught with risk and uncertainty.
Paul will discuss:
- The ethics rules that apply to the different subspecialties of estate planning.
- The pro’s and con’s of serving and continuing to provide estate planning services to the client, an entity or to the trust, estate and guardianship.
- The efficacy and legal effect of self-drafted or included ways to minimize liability.
- Best practices in performing these services.
Introduction to Our Guest Speaker
L. Paul Hood, Jr. received his J.D. from Louisiana State University Law Center in 1986 and Master of Laws in Taxation from Georgetown University Law Center in 1988. Paul is a frequent speaker, is widely quoted and his articles have appeared in a number of publications, including BNA Tax Management Memorandum, BNA Estates, Gifts & Trusts Journal, CCH Journal of Practical Estate Planning, Estate Planning, Trusts & Estates, Valuation Strategies, Digest of Federal Tax Articles, Loyola Law Review, Louisiana Bar Journal, Tax Ideas, The Value Examiner and Charitable Gift Planning News. He has served as adjunct professor of law at The University of Toledo College of Law and at Ohio Northern University Pettit College of Law. He has spoken at programs sponsored by a number of law schools, including Duke, Georgetown, NYU, Tulane, Loyola (N.O.) and LSU, as well as many other professional organizations, including AICPA and NACVA. From 1996-2004, Paul served on the Louisiana Board of Tax Appeals, a three member board that has jurisdiction over all Louisiana state tax matters. A self-described “recovering tax lawyer,” Paul is the author or co-author of seven books, and is the proud father of two sons. Happily married to Carol A. Sobczak, Paul lives with Carol in Toledo OH, where he regularly speaks, writes and consults.