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Calendar

9/27/2016
Understanding and Drafting Ground Leases, Part 1 (Telephone)

9/28/2016
Understanding and Drafting Ground Leases, Part 2 (Telephone)

Understanding and Counseling Trustees About Their Duties, Part 1 (Telephone)
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Trustees are frequently caught between rocks and hard places: The difficulty of preserving and growing the assets of a trust in risk-filled, low-return markets, on the one hand, and the rising demands or unrealistic expectations of beneficiaries, on the other hand. Trustees, whether individuals or institutions, have the duties to act with loyalty and impartiality, to regularly inform beneficiaries, and prudently invest a trust’s assets.

5/5/2016
When: Thursday, May 5, 2016
12:00 PM - 1:00 PM

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MCLE Accreditation
Nebraska Activity #123547, 1.0 hour CLE

Trustees are frequently caught between rocks and hard places: The difficulty of preserving and growing the assets of a trust in risk-filled, low-return markets, on the one hand, and the rising demands or unrealistic expectations of beneficiaries, on the other hand. Trustees, whether individuals or institutions, have the duties to act with loyalty and impartiality, to regularly inform beneficiaries, and prudently invest a trust’s assets. In the context of a uncertain markets or when the trust’s principal asset is a family business these duties are particularly fraught fiduciary risk for trustees. There is also the growing role of “trust protectors” in the governance of trust, changing the traditional relationships between trustees and beneficiaries. This program will provide you with a practical guide to the fiduciary duties of trustees, how to mitigate the risk of dispute and litigation, the role of trust protectors and more.

Day 1 – May 5, 2016:

  • Fiduciary duties and standards of trustees
  • Duties of loyalty– beneficiary interests v. trustee’s interests
  • Impartiality – balancing interests of multiple beneficiaries and trust principal v. income interests
  • Investment management – prudent investor rule, delegation to professionals and supervision, diversification
  • Duty to administer the trust and regularly inform beneficiaries – regularity and “process,” not results

Blanche Lark Christerson is a managing director at Deutsche Bank Wealth Management in New York City, where she works with clients and their advisors to help develop estate, gift, tax, and wealth transfer planning strategies. Earlier in her career she was a vice president in the estate planning department of U.S. Trust Company. She also practiced law with Weil, Gotshal & Manges in New York City. Ms. Christerson is the author of the monthly newsletter “Tax Topics." She received her B.A. from Sarah Lawrence College, her J.D. from New York Law School and her LL.M. in taxation from New York University School of Law.



To Register:
Cost $89.00

http://ne.webcredenza.com/catalog.aspx?browse=ViewProg&catid=22481

  • Click on abo9ve link
  • Click “Login to add to cart” button at the bottom of the program page
  • This will take you to the log in page, FIRST time users will need to create a user name and password that is separate and distinct from any information you may have used for the Nebraska State Bar website
  • Please be sure to use the attorney name and contact information of the person who is to receive the CLE credit
  • Once completed click “Update & Proceed to Payment”
  • The final step is to click “Submit Payment”
  • At this point you will receive an email confirmation of the purchase
  • The day before the Program you will receive the dial in information and program materials
  • We will submit the program participation information to the Nebraska State Bar Association within 48 hours of the program completion

If you need additional information on your CLE credits please contact:
Sara Weber, Nebraska State Bar Association
(402) 475-7091 ext # 131; sweber@nebar.com

Nebraska State Bar Association, 635 S. 14th St., Suite 200, Lincoln, NE 68508
(402) 475-7091; Toll Free (800) 927-0117; FAX (402) 475-7098