Duties and Powers of the Trustee

$135.00

SKU: 10157 Category: Tag:

Description

Explains the scope of a trustees authority. Describes the duty of loyalty and the duty to preserve trust property. Explains how a prudent trustee would delegate authority as a co-trustee. Describes administrative duties, including the duty to keep accounts. Explains trust administration during the settlors lifetime and following the settlor’s death, and defines discretionary powers. Identifies issues related to trustee vacancies and successor trustees.

What You’ll Learn

After completing this course, students will be able to:

  • Describe a prudent trustee’s duties and behaviors
  • Describe a trustee’s administrative duties
  • Explain the powers of the trustee during the settlor’s lifetime and after the settlor’s death
  • Additional information

    Audience

    Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.

    Length

    Approximately 40 minutes

    Credits

    1.0 CSOP, CTFA

    Member Price

    135.00

    Non-Member Price

    185.00

    Course Number

    ABA

    Location

    Online Self-Paced

    Vendor

    ABA

    Course Code

    ABA

    Prerequisites

    None

    Day

    Online