Description
Note: This course was previously titled Minimizing Fiduciary Risk and Litigation.
Explores common types of trust litigation. Explains risks associated with participation in the estate planning process, asset management, and fiduciary liability to third parties, and ways to mitigate risk in all situations. Describes ways to mitigate risks of self-dealing and prohibited transactions, and explores the risks associated with notice to beneficiaries, accounting, and discretionary distributions.
What You’ll Learn
After completing this course, students will be able to:
- Identify general types of trust litigation
- Describe situations that may contribute to risk exposure and ways to mitigate the risk
