The Ethics of Representing Two Parties in a Transaction



  • Available Until 7/31/2021
  • Next Class Time 1:00 PM ET
  • Duration 60 min.
  • Format MP3 Download
  • Program Code 07312019
  • Activity Code:   210436
  • Ethics Credits 1 hour(s)

Course Price: $75.00


The death of a client does not bring an end to estate planning.  Rather, post-mortem estate planning allows practitioners and beneficiaries to proactively shape the way an estate is treated for income, estate and gift tax purposes, and the way property is distributed.  Through the use of a wide variety of elections, planners can respond to changed law and factual circumstances, errors in planning, and help reduce the tax liability of the estate. There are also important, but often overlooked, issues of protecting the fiduciary from liability.  This program will provide you with a practical guide to the many interrelated post-mortem planning choices available to planners, administrators and beneficiaries.

  • Practical steps to protect the fiduciary
  • Use of elections – estate’s fiscal year, administrative expenses, alternate valuation, in-kind distributions
  • Portability issues post-mortem
  • QTIP election & QDOT planning
  • Effective use of disclaimers – complete and partial
  • Death of a partner & special S corporation stock issues
  • Qualified revocable trusts and Section 645 elections
  • Deferral of estate tax and Section 6166 elections
  • Generation skipping tax planning


Jeremiah W. Doyle, IV is senior vice president in the Boston office of BNY Mellon Wealth Management, where he provides integrated wealth management advice to high net worth individuals on holding, managing and transferring wealth in a tax-efficient manner.  He is the editor and co-author of “Preparing Fiduciary Income Tax Returns,” a contributing author of Preparing Estate Tax Returns, and a contributing author of “Understanding and Using Trusts,” all published by Massachusetts Continuing Legal Education.  Mr. Doyle received his B.S. from Providence College, his J.D. form Hamline University Law School, and his LL.M. in banking from Boston University Law School.

Missia H. Vaselaney is a partner in the Cleveland office of Taft, Stettinius & Hollister, LLP, where her practice focuses on estate planning for individuals and businesses.  She also represents clients before federal and state taxing authorities.  Ms. Vaselaney is a member of the American Institute of Certified Public Accountants and has been a member of the Steering Committee for AICPA’s National Advanced Estate Planning Conference since 2001.  Ms. Vaselaney received her B.A. from the University of Dayton and her J.D. from the Cleveland-Marshall College of Law.