Trustee, Beware: Issues in Discretionary Distributions

The practical application of discretionary distribution provisions is one of the most difficult tasks a trust professional will face. It requires careful attention to the terms of the trust, an understanding of the legal framework for interpreting the terms, and the exercise of thoughtful judgment based on all the relevant facts.

In complex, multidimensional trust situations, experience is truly the best education. In this program, a leading trust and estate attorney (and longtime faculty with the American Banking Association) takes participants through a series of carefully constructed scenarios.