How to be a Good Trustee and a Good Beneficiary 2022 | American Bankers Association (ABA) | 1 September 2022 | Webinar
Venue
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| Event Date | Thu Sep 1 EDT (over 2 years ago) |
| Location | Webinar |
| Region | Americas |
Details
The trustee-beneficiary relationship is one of the most important and potentially contentious relationships in estate planning. This session will review the trustee’s role and fundamental duties, discussing steps a trustee should take to create a good working relationship with beneficiaries. It will also touch on what beneficiaries expect.
Discussion Highlights:
• Characteristics of a good trustee, and the use of professionals to assist in the job
• Trustee duties and legal responsibilities
• The trustee’s role in managing expectations, and educating and mentoring beneficiaries
• Resolving disputes, and the role of arbitration or mediation
• No contest clauses
Speakers
2022 Speakers
Thomas W. Abendroth
Partner, ArentFox Schiff LLP
Stephen W. Murphy
Partner, McGuireWoods