Timeshares, Cemetery Plots, Planes, and Crypto!
How to deal with special assets in estate or trust administration
Friday, January 26, 2024
9:00 a.m. - 10:00 a.m.
presented by:
Leah Del Percio, Founder and CEO, Trustate
In this course, Leah Del Percio, CEO and co-founder of Trustate, one of the world's fastest-growing estate administration platforms, helps estate attorneys understand what to do during an estate administration when their client is handling atypical assets. As people diversify their investment portfolios and amass wealth, there is an increasing likelihood that they will accumulate hard-to-value assets such as cryptocurrency, NFTs, collections (i.e. books, stamps, coins, clothing, even sneakers!), farmland, undeveloped land, livestock, mineral rights, intellectual property, businesses, etc. In this discussion, we will talk about "atypical" assets like the ones mentioned above, and provide a framework and specific guidance on how to deal with them during an estate administration. Attorneys will also learn how to create better estate plans to avoid and minimize issues later on after the client passes away.
Learning Objectives:
- Review the importance of qualified appraisals during the valuation process
- Learn why the step-up in basis is important in many situations
- Explore various asset types and implement tips for how to handle them during planning and administration: outright stock; art; luxury tangible collections; digital assets; client files (professionals in private practice); livestock; oil rights; mineral rights; intellectual property; businesses; cars/motorcycles; vessels; aircraft; firearms; and investment accounts
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Friday - January 26, 2024
9:00 a.m. - 10:00 a.m. - VIRTUAL
$50.00 - Non-Members
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THANK YOU TO OUR January SPONSOR
Trustate
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Applied for CEU, CTFA, and CLE
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SPEAKER BIO
Leah Del Percio is the co-founder and CEO of Trustate, one of the world’s fastest-growing estate administration platforms. Since Trustate’s founding in 2020, Ms. Del Percio has been involved in all aspects of the firm's development and growth since its inception. Trustate provides B2B tools to various stakeholders throughout the estate administration process including law firms, wealth managers, banks, and accountants, amongst others. Today, the firm is an industry leader in the LegalTech space and is regularly featured as one of the top startups to watch.
She is regularly asked to lecture at various universities and law schools, as well as teach CLE classes. Prior to founding Trustate, Ms. Del Percio was with a large global firm where she focused her practice on helping individuals, families, and institutions with crisis and succession planning, wealth preservation, asset protection, and complex tax strategies. Ms. Del Percio lives in Tampa, FL with her husband, Michael, and two sons
Ms. Del Percio holds a B.A. from the University of Miami, a J.D. from the Benjamin Cardozo School of Law, and an LL.M. in taxation from Georgetown University Law Center.
