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Minimizing Fiduciary Risk and Litigation

Minimizing Fiduciary Risk and Litigation describes examples of the different types of trust litigation. This course outlines the 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. It explains ways to mitigate the risk of self-dealing and prohibited transactions. This course explores the risks associated with notice to beneficiaries and accounting and discretionary distributions.

 

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.

 

Learning Objectives: 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

Commands