Estate Planning, Trusts & Probate

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Trust Administration for Paralegals

Credits Available
Credit Status Total
California MCLE Paralegal Approved 3 Total
Delaware Certified Paralegal Program Approved 3 Total
Florida Registered Paralegal Approved 3 Total
Indiana Paralegal CLE Approved 3 Total
NALA Approved 3 Total
Montana CLE Credit for Paralegals Approved 3 Total
North Carolina Continuing Paralegal Education Pending 3 Total
New Mexico Paralegal Division, State Bar of Approved 3 Total
Ohio Certified Paralegals Approved 3 Total
NFPA Approved 3 Total
Texas State Bar of Paralegal Division Pending 3 Total
Washington Paralegal Association Approved 3 Total
Live Online
3 hours
Michael Brown
Kathleen Adcock
With Michael Brown from Miller & Martin + 1 other

Thu, Dec 03, 00:00 AM – 00:00 PM

Product ID 102749

Register For Course

Course Includes
$219

Live Webinar Registration

OnDemand Recording

Course Book Download

OnDemand content will be available within 7 days of event date.

or
Upgrade to IPE Unlimited Pass and Get This Course
$69/Month

Overview

Master the Fundamentals of Trust Administration

Trusts are critical components of estate planning today. To effectively contribute to your legal team, you need a firm understanding of the legal theory behind them and solid skills in their administration. In this practical course, experrienced faculty break down the essential tasks invovled in managing distributions, trustee duties and powers, dealing with beneficiaries, and more.Register today!

  • Learn the structures and functions of different types of trusts.
  • Identify critical factors in trustee selection.
  • Clearly understand the duties and powers held by the trustee.
  • Get getter at inventorying and controlling assets.

Abbreviated Agenda

  1. Trust Administration Core Concepts
  2. Road Map to Administering a Trust

Can't Attend Live?

Get the OnDemand instead

Watch the recording of this event on your own schedule. We'll notify you when its ready.

Related Topics

Product ID 102749

Credit Details

Credits Available
Credit Status Total
California MCLE Paralegal Approved 3 Total
Delaware Certified Paralegal Program Approved 3 Total
Florida Registered Paralegal Approved 3 Total
Indiana Paralegal CLE Approved 3 Total
NALA Approved 3 Total
Montana CLE Credit for Paralegals Approved 3 Total
North Carolina Continuing Paralegal Education Pending 3 Total
New Mexico Paralegal Division, State Bar of Approved 3 Total
Ohio Certified Paralegals Approved 3 Total
NFPA Approved 3 Total
Texas State Bar of Paralegal Division Pending 3 Total
Washington Paralegal Association Approved 3 Total
Select Jurisdiction
Paralegal

Agenda

All times are shown in

  1. Trust Administration Core Concepts

    1. Modern Trust Use
    2. Basic Definitions
      1. Beneficiary: Income, Contingent, Remainder
      2. Fiduciary/Trustee/Co-Trustee/Trust Protector
      3. Grantor/Settlor/Testator/Trustor
    3. Sources of Authority
      1. Trust Instrument
      2. State Statutory Authority
      3. The Restatement
    4. Clarifying Intent
    5. Trustee Selection

  2. Road Map to Administering a Trust

    1. Trustee Duties
      1. Duties to Beneficiaries, Co-Trustees, Trust Creditors, Settlor
      2. Reasonable Care (The Prudent Investor)
      3. Loyalty (The Humble Trustee)
      4. Impartiality (No Favorites Allowed)
      5. Full Disclosure (Becoming Responsibly Transparent)
    2. Trustee Powers
      1. Receive Assets of the Trust
      2. Manage Trust Property through Investing
      3. Manage and/or Sell Real Property
      4. Insure Trust Assets Against Casualty or Loss
      5. Pay Taxes Owed by the Trust
      6. Resolve and Settle Claims Involving the Trust
      7. Direct and Delegate
    3. Responsible Management: UPAIA and UPIA
    4. Co-Trustees and Effective Delegation
    5. Inventorying and Controlling Trust Assets
    6. Scheduling and Reporting Distributions
    7. Dealing with Beneficiaries and the Exercise of Discretion
    8. Disbursement of Fees and Expenses
    9. Modifying and/or Terminating Trusts: The Paralegal's Role

Who Should Attend

This intermediate level course will teach attendees how to effectively handle the paralegal duties associated with trust administration. Those who should attend include:

  • Paralegals
  • Legal Technicians
  • Legal Assistants
  • Legal Support Staff

Speakers

Michael Brown
Michael
Brown
Miller & Martin
Kathleen D Adcock
Kathleen D.
Adcock
McMillan Metro Faerber, P.C.
Speaker bio
Michael Brown

Michael Brown

Miller & Martin
Michael Brown

is an attorney at Miller & Martin where his practice areas include mergers and acquisitions, estate planning, transportation law and emerging business/general counsel services. He comes to the firm with an educational background in transportation law. Mr. Brown graduated from law school with a certificate of specialization in Admiralty/ Maritime Law, an award from the American Bar Association for the best paper in Aviation/Space law, and an externship with the U.S. Coast Guard's JAG corps. He earned his B.B.A degree, cum laude, from Texas Christian University and his law Certificate, cum laude, from Tulane University School of Law.

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Speaker bio
Kathleen D Adcock

Kathleen D. Adcock

McMillan Metro Faerber, P.C.
Kathleen Adcock

is a partner at McMillan Metro Faerber, P.C., where she handles estate planning, probate and trust administration, and guide clients through the process of establishing and maintaining tax-exempt organizations. Ms. Adcock earned her B.A. degree from Yale College, and her J.D. and LL.M. degrees (taxation) from the University of Baltimore Law School. She also holds an M.B.A. degree from Merrick School of Business. Ms. Adcock is a member of the Maryland State Bar Association, District of Columbia Bar and American Bar Association. She is admitted to practice law in Maryland, Washington D.C. and the U.S. Tax Court. A frequent speaker for the Maryland Department of Aging Senior Centers on estate planning and probate topics, Ms. Adcock has presented on tax topics to the Maryland State Bar Association and D.C. Bar Association; and is a contributing author to Using & Drafting Trusts in Estate Planning (M.S.B.A.).

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Top FAQs

What is included with my course purchase?

When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time.

With each course, you will receive access to the content via OnDemand Streaming and the Video Download.

Course reference materials are included with each course purchase in a downloadable PDF format.
How do I access my courses?

Courses are available within your account. Simply login to your account and click on My Courses. If you require additional assistance please call our Customer Service Department at 800-793-5274.
Do you have options for attendees who are deaf or hard of hearing?

Closed captioning is available for all online live courses. Attendees may enable the closed captioning functionality within the event room once they have accessed the event by simply clicking the "cc" button in the lower right of the event room.
Are multiple attendee discounts available?

Yes, the more people you bring from your organization, the more you save. Please call out Customer Service Department to inquire about savings for your team at 800-793-5274.
When will the OnDemand be available and how long will I have access to the content?

The OnDemand Video will be available to stream within 14 days of live broadcast date. You will have access to the content for 6 months in your account.

If you're a subscriber, you'll have access to your course recordings until 7 days after the expiration date of the subscription.

Have more questions? Please Contact Us