1-Hour Program

See Credit Details Below

Overview

Being asked to probate or administer an estate or to serve as the Trustee of a Trust bespeaks a confidence in the competence and character of the nominated fiduciary. Clients often consider engaging or nominating their trusted professionals to act in fiduciary capacities. Attorneys may also be called upon to advise others in their service as fiduciaries. Service as a fiduciary comes with significant legal obligations which fall under the jurisdiction of the Surrogate’s Court which is charged with protecting the rights of estate and trust beneficiaries. Whether personally nominated or as counsel to someone considering service or who is already serving as a trustee or executor, it is important to understand the legal landscape of fiduciary responsibility and how to best navigate the minefield of service. This Briefing will therefore address:

  • What are the primary responsibilities of an executor, administrator, or Trustee? [20 minutes]
  • What are the legal standards that govern fiduciary conduct and how best to avoid common pitfalls in administering an estate or trust? [20 minutes]
  • Fiduciary protection: What affirmative steps can be taken to protect the fiduciary during the period of service and beyond?  [20 minutes]

Join expert faculty for an in-depth discussion on these issues and other relevant concerns that may be facing estate planning and fiduciary professionals.

 

Program Level: Overview

Intended Audience: Attorneys, accountants, CPAs, estate-planning and financial-planning professionals

Prerequisites: None

Advanced Preparation: None

 

Faculty:

 

Yolanda Y. Kanes

Tannenbaum Helpern Syracuse & Hirschtritt LLP

 

Jordan S. Linn

Tannenbaum Helpern Syracuse & Hirschtritt LLP

Credit Details

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