Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Tuesday, July 15, 2014

CLE on State Statutes to Delay Notification of a Trust

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The American Law Institute Continuing Legal Education (ALI CLE) is holding a CLE entitled, The Silent Trust: Using State Statutes to Delay Notification of a Trust, on July 30, 2014 from 1:00 – 2:00 PM Eastern, available via telephone seminar or audio webcast.  Here is why you should attend:

Do you have a client concerned about who is the beneficiary of a trust? Most state laws impose a requirement on trustees to keep current beneficiaries of a trust reasonably apprised of their beneficial interests. This can be concerning to many grantors, particularly with respect to younger beneficiaries. Grantors fear that a beneficiary’s knowledge of the wealth in the trust can result in a disincentive for the beneficiary to achieve his/her own success.

The creation of the “silent trust” changes this dynamic by eliminating a trustee’s duty to inform beneficiaries of the existence of a trust for a period of time. Join us at this all-new CLE program on silent trusts for a practical, in-depth examination of silent trusts and their special considerations.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/07/cle-on-state-statutes-to-delay-notification-of-a-trust.html

Conferences & CLE, Estate Planning - Generally, Trusts | Permalink

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