Liability Protection for Family Enterprise Directors & Trustees: Strategies to Attract and Retain Talent

Overview

Until recently, many families filled key governance roles associated with their trust and estate planning with trusted friends, colleagues, or advisors who were flattered to be asked and honored to serve. But many are now ready to retire and there is a shift in who is recruited—and willing—to take over.  Top-caliber directors and trustees want to be certain they will be protected from any personal liability before considering serving in such a role.

Advisor Thinking