Maine Estate Planning Council November Membership Meeting
Irrevocable Trusts in the New World Order
Please join us for a dinner meeting and program focusing on issues surrounding the termination of the irrevocable trusts in light of significant changes to the Federal and Maine estate tax – particularly the underlying exemption amounts.
The discussion will highlight the estate tax and income tax considerations facing families with existing irrevocable trusts, as well as issues to be considered in evaluating the early termination of such trusts, including the following:
Our speakers will be Elizabeth (Betsey) McCandless and Sarah Coburn.
Betsey began her legal career in New York City, working there from 1982 to 1985. She moved to Maine in 1985 and joined Pierce Atwood in Portland. In 1992 she co-founded Maine's first boutique trusts and estates firm, McCandless & Hunt, which is now known as McCandless & Coburn.
Sarah started her practice in Maine with Bernstein Shur in 2005 and joined McCandless & Coburn in 2014 after leaving Verrill Dana LLP as a partner. Sarah serves as the Clerk of the Board of Directors for the Friends of Casco Bay, is a member of the Executive Committee of the Maine Bar Foundation, a member of the Planned Giving Committee for the Maine Medical Center and a member of the Maine State Bar Association Trusts and Estates Section. Sarah is a frequent lecturer and author on various topics including estate planning and charitable giving.