Basics of Trust Administration

Date and Time

Date: 2015-01-14
Time: 1:00 PM ET - 2:30 PM ET

Agenda

Terminology: Settlor (or Grantor), Trustee and Beneficiaries

10 General Principles for Trust Administration and Managing the Trustee-Beneficiary Relationship

Rules One and Two: Read the Trust Instrument and Read the Trust Instrument

Rule Three: Read the Substantive State Law

Rule Four (for Lawyers): Who Is Your Client?

Initial Appointment of the Trustee(S), Selection of Trustees and Trustee Acceptance of the Trust

General Fiduciary Duties of Trustees

Powers of Trustees

Relations Between Trustees and Beneficiaries

Relations Between Trustees and Third-Parties

Rights or Powers Reserved by or to the Settlor of a Trust

Early or Final Termination of a Trust

Fiduciary Accounting Principles for Trusts

Overview of Trust Income Tax Reporting Under Federal Law

Trustee Succession (Resignation, Removal, Replacement)

Involvement by Probate Courts in the Administration of Trusts

Multiparticipant Trusts and the Use of Delegated Powers, Trust Protectors, Trust Advisors, Directed Trustees, Committees and Investment Managers

Faculty

Jeffrey S. Dible, Frost Brown Todd LLC

Credits

CAC ,CBC ,CFP (Pending) ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Click here for detailed credit information

Who should attend?

This live webinar is designed for attorneys, estate planners, accountants, presidents, vice presidents, tax managers, financial planners, trust administrators and lenders.

Basics of Trust Administration

SKU: 395788
Date: 2015-01-14
Time: 1:00 PM ET - 2:30 PM ET

Price: $199.00 USD