A discussion on fiduciary duties and how to interpret the various types of discretionary trust provisions.
Instructors: Cynthia D.M. Brown, President, Commonwealth Trust Company; Todd A. Flubacher, Esq., Partner, Morris, Nichols, Arsht & Tunnell LLP
An overview of existing wealth transfer taxes, a discussion regarding possible upcoming changes to those taxes, and a review of various wealth transfer strategies available to clients to reduce or eliminate the imposition of tax.
Instructors: Matt D'Emilio, Managing Member, McCollum D'Emilio Smith Uebler LLC; Mark Doyle, Principal, Fiduciary Counsel, Bessemer Trust Company of Delaware, N.A.
A focus on key trust document provisions such as Crummey powers, dispositive provisions, investment limitations, duty to notify provisions, etc.
Instructors: David Diamond, President, The Northern Trust Company of Delaware; Daniel Hayward, Partner, Gordon, Fournaris & Mammarella, P.A.
15 sessions featuring over 16 hours of content on flashdrive - supporting materials included - Pick and choose or order all 15 and save!
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: Matt D'Emilio, Managing Member, McCollum D'Emilio Smith Uebler LLC; Jenna L. Boccetti, Vice President, JPMorgan Trust Company of Delaware
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
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
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
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
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
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
An overview of the basics on how to work with international clients and explanation of basic planning techniques for international clients. - 1 hr. 7 min.
Instructors: David Manni, VP, JPMorgan Trust Company of Delaware; Charles Durante, Partner, Connolly Gallagher LLP
Discussions regarding best practices for trustees in (1) understanding the family’s planning, personal and funding goals, and (2) coordinating trust advisers (including tax preparers, advisers, money managers and co-trustees). - 1 hr. 29 min.
Instructors: Daniel Hayward, Director, Gordon, Fournaris & Mammarella, P.A.; Michael Neri, Managing Director, U.S. Trust Company of Delaware
A review of what can cause a change in grantor trust status, what red flags an administrator should be looking for, as well as when and what questions to ask. - 1 hr. 36 min.
Instructors: David Diamond, President, The Northern Trust Company of Delaware; George Kern, Managing Director, Regional Director, and Senior Fiduciary Counsel, Bessemer Trust Company
An in-depth introduction to understanding the components of a trust document. Attention is paid to defining the grantor, the beneficiaries, the trustees, advisors, and trust protectors. Also addressed are tax considerations, grantor vs. non-grantor trusts, domestic vs. foreign trusts, distrubution terms, turst management, and accounting requirements. - 1 hr. 59 min.
Instructors: David Diamond, President, The Northern Trust Company of Delaware; Cynthia D.M. Brown, President, Commonwealth Trust Company
Learn the foundations of Delaware's silent trusts including: the duty to inform beneficiaries, designated representatives, beneficiary safeguards, drafting considerations, amending, decanting, mergers, court petions, and more. - 1 hr. 28 min.
Instructors: Elizabeth King, President, Brown Brothers Harriman Trust Co. of DE; Vincent Thomas, Partner, Young Conaway Stargatt & Taylor, LLP
A review of the typical types of investments permissable in trust accounts. Includes: stocks, fixed income/bonds, mutual funds, common trust funds, international investments, and more. - 1 hr. 01 min.
Instructors: Margaret Creed, VP and Chief Portfolio Strategist, Wilmington Trust; Gregory Wood, VP, The Northern Trust Co. of Delaware