Cannon: Directed Trusts - Slicing and Dicing Duties, Risks and Potential Liabilities - 10/27

PNC's Private Bank is inviting you to attend Cannon Estate Planning Teleconference in person.
 

Directed Trusts – Slicing and Dicing Duties, Risks and Potential Liabilities
 
Tuesday, October 24, 2023
12:00 pm – 1:30 pm
 
PNC Bank
3201 W. White Oaks Dr., Suite 100B
Springfield, IL 62704
 

 

Summary of Teleconference:
Directed trusts, largely unknown in the United States just a few decades ago, are becoming quite common.  Many states have adopted statues to establish a framework for the operation of directed trusts, and courts are sometimes called upon to resolve messy disputes among trust protectors, Trustees and beneficiaries.  We’ll discuss the unique drafting challenges, liability risks and other issues that arise in connection with directed trusts, including:

Speakers will address:

  • State laws and desirable governing instrument provisions regarding directed trusts

  • Ways to divide duties and responsibilities of trust administration between Trustee and trust protector

  • Nature of a trust protector and whether a trust protector is or should be a fiduciary

  • Potential liability of directed Trustees and trust protectors

 
Register for the teleconference by sending an email to Nicole.moore@pnc.comno later than October 20th.
 
A box lunch will also be provided, so when sending an email to RSVP, please include your choice of sandwich from the following options, 1) Pepe (ham & cheese), 2) Big John (roast beef) 3) Turkey Tom 4) Vito (salami, capocollo, cheese, onion, oil & vinegar, 5) The Veggie (double cheese, avocado spread & cucumber) or 6) JJ BLT.  Sandwiches come with lettuce, tomato and mayo. 


There is no cost for this teleconference and attendees can earn 1.5 hours of Continuing Legal Education Credit for Illinois and other states. Continuing Education Credit also given for CPA, CTFA, CFP, CLU, ChFC.    
 
 
 
 
Kind Regards,
 
Nicole Moore
Executive Assistant
Perry Mangione & Ryan Alwood
 
PNC Private Bank
One North Franklin, Suite 2700
Chicago, IL 60606
(p) 312.384.5999

Sarah Croft