Investing trust assets is one of the major obligations and jobs of a fiduciary … and also receives the most judgment.
Making investment decisions is one of the things the trustee is judged the harshest on. There is a lot of litigation in regards to the way a trustee has invested, or failed to invest, and why or how they invested the assets. The Uniform Prudent Investor Act and the Prudent Investor Rule has been adopted in 43 states and D.C. and those that have not adopted it have adopted similar statutes. This generally provides that a trustee owes a duty to comply with the Prudent Investor Rule, however the prudent investor rule can be explicitly waived by trust creator. Watch this video for details on how to avoid liability and discharge fiduciary duties.
Agenda
Faculty
Brian K. Janowsky
Schiff Hardin LLP
- Counsel in the Private Clients, Trusts and Estates group of Schiff Hardin LLP, based in the firm's New York office
- Counsels high net worth clients and business owners
- Implemented sophisticated lifetime and testamentary wealth transfer techniques and advised fiduciaries and beneficiaries in the administration of trusts and estates
- Frequent speaker on various estate planning topics
- J.D. degree, cum laude, Albany Law School; B.S.B.A. degree, University of Pittsburgh, College of Business Administration
- Can be contacted at 212-745-9534 or [email protected]
Jessica J. Birnbaum
Schiff Hardin LLP
- Attorney in the Private Clients, Trusts and Estates group in the Chicago office of Schiff Hardin LLP
- Practice emphasizes all aspects of estate planning, including wills and trusts, lifetime gift planning, estate administration, charitable planning, and trust modifications
- J.D. degree, magna cum laude, University of Pennsylvania Law School; B.A. degree, Northwestern University
- Can be contacted at 312-258-5559 or [email protected]
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
More Program Information
Access to all training products $699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
