alaska trusts & wills estate planning trust administration probate

alaska trusts & wills estate planning trust administration probate

alaska trusts & wills estate planning trust administration probatealaska trusts & wills estate planning trust administration probate

Abigail O'Connor

 Abigail O’Connor is an accomplished attorney with over a decade of experience dedicated to trusts and estates.  Her specific practice areas include estate planning, estate and gift tax strategic planning, Alaska trusts for both Alaskans and non-Alaskans, representation of trustees and beneficiaries, estate administration, and family business succession planning.   Abigail is a Fellow in the American College of Trust and Estate Counsel, holds a Martindale Hubbell "AV" rating, and is regularly writes and speaks about estate planning.


Abigail approaches estate planning from a comprehensive perspective, meaning she considers and incorporates tax issues, non-tax issues such as challenging family dynamics, and special considerations for family business owners. An estate plan may include some or all of a last will and testament, revocable (or “living”) trust, irrevocable gifting trust, life insurance trust, dynasty trust, asset protection trust, community property trust, pet trust, grantor retained annuity trust, qualified personal residence trust, charitable remainder trust, charitable lead trust, and supplemental needs trust. Abigail works with out-of-state attorneys and individuals who incorporate Alaska trusts as part of their estate plan. There are tremendous potential benefits to Alaska trusts for nonresidents, and Abigail guides both fiduciaries and beneficiaries through the creation and administration of such trusts. 


The representation of trustees and personal representatives is a significant aspect of Abigail’s practice. She serves as counsel to trustees and guides them through trust administration, whether it is a particular issue such as the modification of an irrevocable trust, or an ongoing representation for general administration issues. She represents the personal representatives through estate administration (probate) in Alaska. Abigail also represents beneficiaries of trusts and estates, and advises them as to their rights and interests.


With a master’s degree in Applied Mathematics and a bachelor’s degree in Mathematics, Abigail incorporates mathematical and tax modeling into her practice. She simulates tax scenarios for various types of estate planning techniques that helps attorneys and clients make more informed decisions for tax planning. Abigail also serves litigation attorneys by creating settlement models to assist with mediation and litigation strategies. 


Abigail is licensed in Alaska and Florida.  


Contact Abigail at 907.222.4922 or abigail@alaskatrustlaw.com.

image9

Additional Information

 Education

  • JD, Concentration in Estate Planning, Albany Law School
  • MS, Applied Mathematics, Rensselaer Polytechnic Institute
  • BA, Mathematics, Rutgers University

Affiliations

  • American College of Trust and Estate Counsel, Fellow
  • Martindale-Hubbell AV Rated
  • Anchorage Estate Planning Council, Member of Board of Directors
  • Anchorage Trust and Estate Professionals, Inc., Vice-President
  • Alaska Bar Association, Estate Planning and Probate Section, Executive Committee Member
  • Member of the Alaska and Florida Bar Associations
  • Chambers Private Wealth Law in Alaska, Band 1 Ranked Lawyer

Publications
(Author & Co-Author)

  • SPATS: A Flexible Asset Protection Alternative to DAPTs, Estate Planning, Feb. 2019
  • Trusts and QBI: The New 199A Applied, Estate Planning & Comm. Prop. Law Journal, Vol. XI, Book 1, Feb. 2019
  • Decentralized Assets: Real World Estate Planning for Virtual Currencies and Digital Tokens, Estate and Personal Financial Planning (Thomson-West), Sept. 2018
  • Alaska Revised Power of Attorney Rules and Form, Alaska Bar Rag, Vol. 41, No. 2, April-June 2017
  • What to Know About New, Revised Power of Attorney Rules, Alaska Bar Rag, Vol. 41, No. 4, Oct. – Dec. 2016
  • Math Modeling for Current Times in Estate Planning, Estate and Personal Financial Planning (Thomson-West), March 2015
  • Is the Toll Charge for the U.S. Exit Tax Worth the Price Tag for Getting on the Road Out of the United States?, Society of Trusts and Estate Practitioners (STEP), June 25, 2013, also printed in Bloomberg BNA Daily Tax Report, June 17, 2013
  • The American Taxpayer Relief Act of 2012: What it Means for You, Holland & Knight Alert, January 4, 2013
  • Estates with Airplanes: A Checklist for Fiduciaries and Their Attorneys, Maine Bar Journal, Summer 2011
  • Translating Statistics for Lawyers, The National Law Journal, July 5, 2010
  • Estate Planning Impacts of Life Table 2000CM, Estate and Personal Financial Planning (Thomson-West), Summer 2009
  • Incentive Trusts and Beyond: Settlors Intent and the Fiduciary Conundrum, Estate and Personal Financial Planning (Thomson-West), Summer 2009
  • How to Help Your Clients Protect Their Deposits: Understanding and Applying the Temporary FDIC Rules, Estate and Personal Financial Planning (Thomson-West), Summer 2009

Presentations

  • Intestate Succession and Inventory and Appraisals, National Business Institute, December 10, 2019
  • Current Developments in the Estate Planning Sandbox: A Look at New and Proposed Laws in Alaska and the U.S., Anchorage Estate Planning Council, October 28, 2019
  • Managing the Inventory, Administering the Estate Effectively, and Closing the Estate,Probate Process from Start to Finish, National Business Institute, Nov. 19, 2018
  • Planning for Pets, Anchorage Estate Planning Council, Dec. 17, 2018
  • Trusts 101, National Business Institute, Nov. 2018
  • New 199A and Trusts: What’s the Big Deal?, ACTEC Alaska Chapter Estate and Tax Planning CLE, Sept. 19, 2018
  • Self-Settled Domestic Asset Protection Trusts Remain an Important Planning Tool After Recent Wacker Decision, Peak Trust Company Webinar, March 26, 2018
  • 52nd  Annual Heckerling Institute on Estate Planning Recap, Anchorage Estate Planning Council, Feb. 26, 2018
  • Highlights from Heckerling, Alaska Bar, Estate Planning & Probate Law Section, Feb. 13, 2018
  • Testimony in Support of Alaska House Bill 2018, Alaska Senate Labor & Commerce Committee, Jan. 30, 2018
  • Talking Wealth with the Next Generation, Anchorage Estate Planning Council, Dec. 18, 2017
  • Panelist for Discussion on Inheritance of Alaska Native Corporate Stock, 33rdAnnual Native Law Conference, Alaska Bar Association, Oct. 17, 2017
  • Highlights from the 2017 Heckerling Institute on Estate Planning Conference, Alaska Bar Association, Estate Planning and Probate Section, Feb. 14, 2017
  • Estate Basis Consistency Rules for Fiduciaries: Navigating Reporting Requirements and Distribution Strategies, Strafford Webinar, Feb. 7, 2017
  • Estate Tax and Complex Issues, National Business Institute, Nov. 20, 2016
  • Basis Planning, Florida Bar Tax Section, Oct. 5, 2016
  • New Basis Consistency Rules and Reporting Requirements, American College of Trust and Estate Council Tax and Estate Planning Seminar, Sept. 15, 2016
  • Form 8971: A Practical Approach to Basis Reporting by Estates, Florida Bar Tax Section, April 20, 2016
  • Fun with Basis (and Probability) Planning, Florida Bar Tax Section, 2015 Ullman Year in Review, July 4, 21015
  • Charitable Planning for the Turn of Interest Rates, All Children’s Hospital Foundation Seventeenth Annual Estate, Tax, Legal and Financial Planning Seminar, Feb. 12, 2015
  • Legal Ethics for Everyday Practice, National Business Institute Seminar, Aug. 2-3, 2012
  • Overview of Charitable Entities Under §501(c)(3) of the Internal Revenue Code, Lorman Seminar, Jan. 21, 2009