November 2019
Wednesday, November 27, 2019
How to Use Trust Protectors in Client Plans
Topics to be covered:
- Role, sources of authority, and duties of trust protectors
- Differences between trust protectors and trust advisers
- Relationship of trust protectors to trust settlor, trustees, and beneficiaries
- Powers of trust protectors – trustee removal, investment veto, trust termination, beneficiary modification, direct distributions
- Costs and administrative issues of trust protectors and trust advisers
- Statutory and common law forms of trust protectors
Faculty: Missia Vaselaney, Taft Stettinius & Hollister LLP, Cleveland, OH and Michael Sneeringer, Porter Wright Morris & Arthur LLP, Naples, FL