A Guide to Ethics in Tax Law and Tax Planning addresses the duties of the fiduciary that is to hold the assets, administer them, and carry out the terms with a duty of loyalty, impartiality, and reasonable care.  It also explores the possible conflicts between investments and the prudent investor rule. This course focuses on the avoidance of the unauthorized practices of law by providing guidelines as to what activities are permitted.

Audience: Trust officers and other trust department personnel.

Learning Objectives: 
After completing this course, students will be able to:

• Describe the duties of the fiduciary
• Describe how the duties of loyalty and impartiality impact the client relationship
• Explain possible conflicts between investments and the prudent investor rule
• Identify activities that constitute the unauthorized practice of law