This session will review the laws on the use of directed trusts, with a particular focus on corporate trustees serving primarily as an administrative trustee with investment authority assigned elsewhere.

Discussion Highlights

• Identify best practices and guidelines for serving as a directed trustee, including do’s and don’ts to ensure compliance and effective trust management.
• Learn about the variations in state laws governing directed trusts and how these differences affect the roles and responsibilities of trustees.
• Review recent legal cases to understand the liability issues faced by directed trustees and the implications for trust administration.
• Explore effective drafting strategies for clearly defining and dividing trustee responsibilities in directed trusts.

Thomas W. Abendroth, Partner, ArentFox Schiff LLP

Stephen W. Murphy, Partner, McGuireWoods LLP

Continuing Education Credits:

Live and Recording—CTFA 2.00, CISP 2.00, CRSP 2.00 credits
CLE Credits Pending

To register, please email amelia.dow@portlandtrust.com