Course Credit Type: CE
Business Succession Planning for a Fiduciary Practice
This presentation addresses the issues, opportunities and challenges of buying, selling or otherwise transferring a fiduciary practice and related cases to or from another party. We also discuss the pros and cons of forming a business entity through which to operate a fiduciary practice. Fiduciaries who want to grow their business, downsize or even retire […]
Tax Issues in Trust Settlements- A primer on Basics for Trustees
The presentation will convey a working knowledge of income, estate, gift and property tax issues that arise in trust administration cases following the death of the trustor(s). The goal is not to make tax experts of the attendees but to leave them with enough practical knowledge of the subject to understand the basic reporting requirements, […]
Solutions to Personal Property Wars
Explores a variety of methods to control disagreements between beneficiaries over the division of personal belongings.
SNT Trust Administration For The Mentally Ill Beneficiary
Administering an SNT when a beneficiary has a mental illness is one of the most challenging tasks a professional will undertake. The beneficiary may not cooperate, can be verbally abusive, or even be a danger to themselves or others. Managing a SNT with this beneficiary requires special training, additional skills, a thick skin, and a […]
Should I Stay or Should I Go, Evaluating Whether (or not) to Take a Case and What to Do if You Accept the Case?
What Is in the Documents? What Is in the Estate? Are There Other Sources of Funding and Payment? What Is the Spending Plan? Bottom Line: Should You Take the Case? What’s your exit strategy?
Recognizing the Many Faces of Elder Abuse and It’s Repercussions
When taking over legacy assets or monitoring existing portfolios, the ability to properly read investment statements will give significant information to fulfill the duty to monitor. Statements can provide critical information but sometimes the information is not obvious. In addition the information contained on statements is essential for filing income tax returns and court accountings. […]
Real Estate and COVID-19
This course will cover the following important topics. Summarize Best Practices Guidelines for Selling Real Estate during COVID-19 New C.A.R. COVID-19 Forms – 6 forms Property Management during COVID-19 Serving your client from afar during COVID-19 Handling Real Property from afar – Living aspects, managing real property (initial home inspection and annual pest inspections), managing […]
Reading Investment Statements: How to Get Answers to Key Questions
When taking over legacy assets or monitoring existing portfolios, the ability to properly read investment statements will give significant information to fulfill the duty to monitor. Statements can provide critical information but sometimes the information is not obvious. In addition the information contained on statements is essential for filing income tax returns and court accountings. […]
Prudent Investment Principles and Portfolio Review
This course will discuss the fundamental financial management obligations of trustees and fiduciaries under the Uniform Prudent Investor Act. We will identify common ways these obligations may be compromised and how these issues may be remedied.
Protecting Yourself From Liability
Fiduciaries need to do everything possible to minimize risk. Acting as someone’s “fiduciary” is a serious undertaking. Each situation has different considerations and challenges. Further, a professional fiduciary is held to a higher standard than a family member or non-professional. It is impossible to cover all the things you need to do to protect yourself […]