NVEPC Membership Meeting: Important Issues in Modern Trust Design
Join us May 22nd, for the NVEPC Membership Meeting: Important Issues in Modern Trust Design, presented by Lawrence Macklin, Esq., CPA, AEP®. This informative presentation will explain how to build flexibility into trust agreements that may be controlling millions of dollars for decades or even several generations. As the rule book that will govern the assets, it is critical that the trust agreements be flexible enough to address the thousands of unforeseeable events that will occur with respect to the assets, the benficiaries, and the word at large. Macklin also will discuss many sample provisions that should be included in most trusts, but typically are not.
This event has been approved for 1.0 CFP credit.
Lawrence J. Macklin is a Managing Director and Wealth Strategist at U.S. Trust, Bank of America Private Wealth Management. In this role, Larry coordinates the development and delivery of innovative strategies and solutions for high net worth individuals and families, helping them pursue their goals in financial and estate planning, insurance, risk management, wealth transfer, intergenerational planning, business succession, pre- and post-liquidity event strategies, and philanthropy. Larry also collaborates with the client's team of advisors and conducts periodic reviews to help clients monitor progress.
Larry began his tax and estate planning career in 1982. Prior to joining U.S. Trust in 1994, Larry was a tax and estate planning attorney with Venable LLP, a national law firm, and a tax manager with Price Waterhouse.
Larry received his B.S. in accounting from the University of Maryland and earned a juris doctorate from the University of Maryland School of Law in Baltimore. He is a member of the Maryland state bar, a Certified Public Accountant, and is an Accredited Estate Planner® (AEP®) designee.
Larry is a past President of the Baltimore Estate Planning Council and is currently on the Board of the National Association of Estate Planners and Councils (NAEPC). He is a frequent speaker at estate planning councils around the country and recently spoke at the Notre Dame Tax & Estate Planning Institute.