CENTRAL ARIZONA ESTATE PLANNING COUNCIL

Topic: The Intersection of Divorce & Estate Planning: The Top Tax/Planning Tips & Traps You Need to Know

Whether advising clients before, during or after marriage, professional advisors should be aware of important tools, techniques and other considerations in order to advantageously position their clients in the event of divorce. With the increasing overlap among professional disciplines, advisors have much to gain from having cross-disciplinary fluency. Topics include:

• Powerful new tax considerations;
• A hidden asset in prenuptial planning that could be worth millions;
• Asset protection trusts: A potentially powerful premarital option;
• Documents that require immediate review in light of divorce;
• Attacking and defending trust assets in divorce;
  • What provisions you may wish to include in trust agreements to help wall off trust assets from claims of potential future ex-spouses
  • What trust administration is potentially viewed as creating a marital interest
  • Compelling options to potentially change otherwise irrevocable trust terms
  • Ways to ameliorate surprising tax consequences that might otherwise distort results
• Key considerations regarding the use of life insurance; and
• Recent developments regarding stored genetic material.

Drawing upon the latest judicial and legislative developments, this presentation will raise awareness of some of the estate planning, tax, and family law issues that need to be considered to better position professionals to advise clients before marriage, during their marriage, and before a divorce is finalized.

CLE: 1.0 MCLE, 1.0 Estate & Trust Law Specialization, 1.0 Family Law Specialization

Speaker: Sharon L. Klein 

Sharon is President of Family Wealth, Eastern U.S. Region, for Wilmington Trust, N.A. She is responsible for overseeing the delivery of all Wealth Management services by teams of professionals, including planning, trust, investment management, family governance and education, family office, and private banking services.

Sharon has over 25 years of experience in the wealth advisory arena and is a nationally recognized speaker and author. Global media company Forbes has featured Sharon as a Top Advisor in multiple categories since 2020. In 2022 and 2023 she was selected as one of the Top 50 Women Wealth Advisors in America, one of the Top 10 in New York and one of the Top 5 in New York City. Leading business publication Crain’s named Sharon to its 2020 inaugural list of the Most Notable Women in Financial Advice. In 2023, Sharon was chosen as a Leading High Net Worth Wealth Manager by Chambers, an internationally renowned independent ranking company. In 2018, she was honored by the UJA-Federation of New York Lawyers Division for her contributions to the trusts & estates community and the community at large. Sharon is a Fellow of the American College of Trust and Estate Counsel, a highly selective professional organization of preeminent estate planning attorneys in the U.S. and internationally. Sharon was inducted into the Estate Planning Hall of Fame in 2021. This honor is considered the pinnacle of accomplishment in this field. Only 125 people across the U.S. have received the award since its inception in 2004.

Sharon is a member of The Rockefeller University Committee on Trust and Estate Gift Plans, the New York Bankers Association Trust & Investment Division Executive Committee, the Estates, Gifts and Trusts Advisory Board for The Bureau of National Affairs and the Thomson Reuters Trusts & Estates Advisory Board. She chairs the Domestic Relations Committee of Trusts & Estates magazine, where she sits on the Board, and is on the Advisory Board of Family Lawyer Magazine. Sharon served on the Board of the American Brain Foundation and was a member of its Finance Committee.

Prior to joining Wilmington Trust, Sharon was Managing Director at Lazard, the internationally renowned global investment banking and management company. As Head of Wealth Advisory of Lazard Wealth Management, she led the delivery of all wealth advisory services. Before that, she headed the Estate department at Fiduciary Trust Company International. Sharon began her career as a trusts & estates attorney at Rosenman & Colin (now Katten Muchin Rosenman LLP).

Sharon, who holds U.S., British and Australian citizenships, earned a master of laws from the Boalt Hall School of Law at the University of California, Berkeley, received a bachelor of arts and a bachelor of laws from the University of New South Wales, Australia and is a Certified Divorce Financial Analyst.

RSVP must be received by 12:00 p.m. on Wednesday, November 27, 2024. Registration will close at this time.

Submitting an RSVP for this event implies your agreement to the following COVID-19 policy.

Dinner Menu

SALAD

Wedge salad with iceberg, turkey bacon, baby heirloom tomatoes, pear vinaigrette (GF/DF)

ENTREE

Chicken Cacciatore with peppers, olives, capers, and white wine tomato sauce, on a bed of Spanish rice
Vegan: Quinoa with roasted vegetables

DESSERT

Kahlua mousse cake (GF/V)

Schedule

• 5:00 p.m. Networking
• 6:00 p.m. Dinner
• 6:20 p.m. Announcements
• 6:30 p.m. Program
• 7:30 p.m. Program Concludes

EVENT CONDUCT STATEMENT

The Central Arizona Estate Planning Council (“CAEPC”) is committed to providing all participants at our events with an inclusive and professional environment where they feel comfortable. These events include but are not limited to: educational programs and supplemental activities or programs included as a part of these events; webinars; and virtual and in-person board and committee activities and meetings; or presentations before local councils or to other organizations when speaking on behalf of CAEPC. Participants, who include attendees and their guests, volunteers, vendors, staff, and all others, are expected to conduct themselves in a manner that is welcoming, respectful and free from any form of discrimination, harassment, or retaliation. Disruptive or harassing behavior of any kind will not be tolerated. Participants asked to stop such behavior are expected to comply immediately. In keeping with our commitment to the health and safety of all participants, those who feel ill are asked not to attend in-person events or face to face activities. In the event that a participate feels unwell mid-conference, he/she/they are asked to refrain from attending any portion of the conference that includes face to face activities.

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