Delaware Bankers Association

Foundations of Delaware Trusts

9 Informative Sessions!
Over 12 Hours of Audio/Slide Presentations with Supporting Materials All on One Convenient Flashdrive!

Pick and Choose, or Order All 9 and Save!

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Approved for a total of 22.5 CTFA Credits (2.5 credits per session)!

Reading and Interpreting a Trust Document
A focus on key trust document provisions such as Crummey powers, dispositive provisions, investment limitations, duty to notify provisions, etc. - 1 hr. 33 mins.
Instructors:
Daniel Hayward, Esq., Director, Gordon, Fournaris & Mammarella, P.A.
David Diamond, Esq., President, The Northern Trust Company of Delaware

 

Basic Income, Estate, Gift and GST Tax
An introduction to the basic concepts and things to look for with specific types of trust, including grantor trust status, dynastic trusts, and funding concerns.  - 1 hr. 11 mins.
Instructors:
Matthew P. D’Emilio, Esq., Director, Cooch & Taylor, P.A.
Jenna L. Boccetti, Vice President, JPMorgan Trust Company of Delaware

 

Discretionary Decision-Making
A discussion on fiduciary duties and how to interpret the various types of discretionary trust provisions.  - 1 hr. 37 mins.
Instructors:
Cynthia D.M. Brown, President, Commonwealth Trust Company
Todd A. Flubacher, Esq., Partner, Morris, Nichols, Arsht & Tunnell LLP


Division of Labor in Trust Administration
A practical session on who does what and why in the administration of a Delaware trust.
- 1 hr. 15 mins.
Instructors:
Anne Schumeyer, CTFA
Lynn Welch Watson, CFP, EA, Vice President, Sr. Trust Officer,
Brown Brothers Harriman Trust Co. of DE


Bank Secrecy Act and PATRIOT Act Best Practices
What do you have to know about your client and their assets before entering into a relationship?
- 1 hr. 22 min.
Instructors:
Mark V. Purpura, Esq., Director, Richards Layton & Finger, PA
Matthew Rosin, Esq., Vice President - Legal Affairs, Commonwealth Trust Company 
Jamie McGinley, Vice President - Trust Administration, Commonwealth Trust Company


Due Diligence in the On-Boarding of New Accounts
An overview of the compliance process.  What is involved in on-boarding new clients? - 1 hr. 25 min.
Instructors:
Anne Schumeyer, CTFA
Maria Iversen, SVP, The Northern Trust Company of Delaware

How to Properly Administer Directed Trusts
An overview of the do's and don'ts of administering directed trusts; including a discussion about sufficient due diligence, direction letters, and quarterbacking the trust administration process.  Why are directed trusts often more work despite the reduced responsibilities and why do referral sources often misunderstand this? - 1 hr. 29 min.
Instructors:
Cynthia D.M. Brown, President, Commonwealth Trust Company
Scott E. Swenson, Partner, Connolly Gallagher LLP

 

Income and Gift Tax Planning
A discussion of the specialized types of trusts utilized in Delaware planning including dynasty trusts, APTs, DINGs, BDITs, etc. This will include a discussion about the process of determining how and when each type of trust makes sense for your client. - 1 hr. 23 min.
Instructors:
Daniel Hayward, Director, Gordon, Fournaris & Mammarella, P.A.
Todd A. Flubacher, Partner, Morris, Nichols, Arsht & Tunnell LLP

 

Marketing Delaware: An Overview of Delaware and its Competition
An overview of the laws of the various states currently competing with Delaware in the trust business. This course is meant to provide trust officers with basic talking points regarding why, with an increased number of states developing similar laws, Delaware is and remains the preferred trust jurisdiction. The discussions will include an analysis of the differences between Delaware and states like Alaska, Nevada, South Dakota, Tennessee, as well as other emerging trust jurisdictions. - 1 hr. 27 min.
Instructors:
David Diamond, President, The Northern Trust Company of Delaware
Thomas M. Forrest, President & CEO, U.S. Trust Company of Delaware