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Michael Sampson to Present at the Exit Planning Institute's Update on the Minnesota Trust Code Seminar

January 10, 2019

Michael Sampson, partner in Maslon's Estate Planning Group, will present on the most significant changes contained in the Minnesota Trust Code, with a particular focus on three provisions that may be especially relevant to advisors who work with business owners: directed trusts, decanting, and so-called ‘silent trusts.’ Learning objectives will include:

  • Gain basic familiarity with the new provisions of Minnesota’s trust law that are especially relevant to business owners;
  • Learn details about using directed trusts, decanting, and “silent trusts;”
  • Learn how directed trusts could be advantageous for business owners as succession planning tools; and
  • Learn how to introduce the topics to business owners as part of the broader succession planning conversation.

Michael's legal practice focuses on high-end estate and tax planning, estate and trust administration, charitable planning, and business succession planning. Michael helps his clients focus on what it is they really want to accomplish with their wealth. After assisting his clients in identifying their specific wealth planning goals, Michael works with them and their other professional advisors to develop and implement wealth transfer strategies that are consistent not only with their goals, but also with their cash flow needs and tolerance for risk.

For more information, go to: Minnesota CLE, Update on the Minnesota Trust Code.

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