By popular demand, this workshop is being offered for the fourth time. Registration again will be capped at 50 participants to ensure effective group interaction. Register early.
Trustee is a position of honor and tremendous responsibility, yet many people assign or accept this role without full awareness of the scope of fiduciary responsibilities or the accompanying personal liability.
Whether you are selecting a trustee, becoming a trustee, or working with one as a beneficiary, it is critical to understand the full scope and duties of this position. Gain a deeper understanding of the core trustee duties, the skills, and the traits required to manage the personal demands of trusteeship.
Additional attendees from the same organization are eligible for a 20% discount.Contact email@example.com with questions.
12:30 p.m. Registration
1:00 p.m. Welcome and Program Introduction
1:15 p.m. Duties and Powers of the Trustee William Sanderson, McGuireWoods, LLP and Sarah Kerr Severson, Schiff Hardin, LLP Legally, a trustee is a fiduciary, which means the trustee has a duty to avoid conflicts of interest and always act in the best interests of beneficiaries. Our speakers address the primary roles and responsibilities of trustees as well as the liability that comes with oversight of trust investments, distributions and compliance and, in some cases, guardianship or other family-related responsibilities.
2:30 p.m. Break
2:45 p.m. Educating the Beneficiary Lee Hausner, First Foundation AdvisorsAll beneficiaries need to know their rights, roles and responsibilities as well as those of the trustee and the rules that govern the trust. However, those are just the basics. A trust is more than a legal structure or series of transactions. It sets into motion a dynamic relationship among the grantor, trustee and beneficiary. This session will examine how beneficiaries can nurture and manage that relationship for the long term.
3:45 p.m. Distribution Provisions: Understanding the Issues and Options William Sanderson, McGuireWoods, LLP and Sarah Kerr Severson, Schiff Hardin, LLP Trust attorneys discuss the key issues related to trust distributions, including discretionary versus required distributions from a trust, the unitrust concept, and exhausting trust assets. This session will also cover the many factors that trustees should consider when faced with requests for discretionary distributions including the potentially negative reaction of other family members to the granting of discretionary distributions to a beneficiary.
4:30 p.m. Ask the ExpertsLee Hausner, First Foundation Advisors, William Sanderson, McGuireWoods, LLP and Sarah Kerr Severson, Schiff Hardin, LLPWorkshop participants have the opportunity to pose questions to the full roster of speakers. This facilitated question and answer session provides everyone with the chance to gain a range of expert insights and to directly question speakers on the issues addressed during the workshop.
6:30 p.m. Cocktail Reception and DinnerRemi RestaurantSponsored By: Marsh
Jonathan Blattmachr is a Principal of Eagle River Advisors, a boutique advisory firm dedicated to developing and implementing innovative wealth and gift and estate tax planning strategies on behalf of high net worth individuals and families. Mr. Blattmachr brings over 35 years of experience in trusts and estates law. He is a retired member of Milbank Tweed Hadley & McCloy and the Alaska, California and New York Bars. Mr. Blattmachr has been recognized as one of the country’s most creative trusts and estates lawyers. He writes and lectures extensively on estate and trust taxation and charitable giving and has authored or co-authored five books and over 400 articles on estate planning topics.
Gail E. Cohen, Vice Chairman and General Trust Counsel, is responsible for Fiduciary Trust Company's trust and estate services, client relationships, and for Fiduciary Trust's regional offices. She has over 30 years of experience in the area of trusts and estates.Ms. Cohen is a member of Fiduciary Trust's Board of Directors, as well as a member of the Management and Executive Committees. Before joining Fiduciary Trust in 1994, Ms. Cohen was a trusts and estates associate at the law firm of Debevoise & Plimpton. Ms. Cohen is currently serving as Treasurer of the New York Bankers Association (NYBA). She is also a member of the Trust Management Association of the American Bankers Association and former chair of the Trust and Investment Executive Committee of the New York State Bankers Association. She currently sits on the Investment Committee of the New York City Bar Association, is a former member of that Bar Association's Committee on Estate and Gift Tax, which she chaired from 1998-2001.
Paul S. Lee is a National Managing Director of Bernstein Global Wealth Management, a position he assumed in 2006; he is also a member of the firm’s Wealth Management Group, which he rejoined in 2008. Previously, he had been a managing director in the London and New York offices. Prior to joining the firm in 2000 as a Wealth Management Group director, he was a partner in the Atlanta-based law firm of Smith, Gambrell & Russell, LLP. Lee received a BA, cum laude, in English and a BA in chemistry from Cornell University, and a JD, with honors, from Emory University School of Law, where he was notes and comments editor of the Emory Law Journal; he also received an LLM in taxation from Emory University.
Mr. Sanderson is part of McGuireWoods LLP’s Fiduciary Advisory Services and Private Wealth Services groups. He represents both high-net worth individuals and families on a variety of sensitive and complex estate and business planning matters. His practice focuses on the areas of estate planning and estate and trust administration.
Sarah Kerr Severson has significant experience in estate, trust, and guardianship litigation and administration, business succession planning, special needs planning, wealth transfer planning, and charitable foundation and exempt organization litigation and administration. Her clients include family groups and individuals, business entities and corporate fiduciaries.She works with clients to develop comprehensive estate plans, business succession plans and charitable planning techniques. Ms. Severson develops plans which maximize and protect wealth while minimizing transfer taxes, and which implement her clients' familial, philanthropic and other non-tax objectives.
Elisa Shevlin Rizzo, Managing Director and Trust Counsel, is a senior trusts and estates advisor for Fiduciary Trust Company International, with broad experience in estate planning and administration. She oversees administration of complex arrangements, including tax planning, reporting and valuation. She also acts as Trust Counsel, providing guidance on issues confronting executors and trustees and advice concerning all aspects of estate planning. Prior to joining Fiduciary Trust, she was Counsel at Cummings & Lockwood LLC where she focused on sophisticated estate planning and administration and represented charitable organizations with regard to their planned giving programs. Previously, Ms. Rizzo was an associate with Cadwalader, Wickersham & Taft.
The New York Palace455 Madison AvenueNew York, NY 10022
Family Office Exchange has reserved rooms at the The New York Palace at a rate of $490/nt. plus sales tax. Reservations are on a first-come, first-served basis.
To obtain the discounted rates click here or contact the hotel directly at 212-888-7000 x72000, or toll free at 800-697-2522 and mention the FOX Trustee Workshop. The cutoff date for hotel reservations at this rate is Wednesday, November 14, 2012.
All attendees are responsible for making their own hotel reservations.
Ted KlingosGail CohenLisa MarcusElisa Shevlin Rizzo
Jonathan BlattmachrGrant HellerAmy HuntingtonShaun Skeris
Pamela RadschAbigail Geary ErethJudy Goldstein
G. Tate Groome
Click the firm's logo to obtain additional information.
Interested in sponsoring? Contact Sandra Ditore at 312.327.1233 or by email at firstname.lastname@example.org
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