Speakers
Debbie Yee
Senior Counsel
Wells Fargo Law Department
Maria H. Marquez
Senior Fiduciary Advisory Specialist
Wells Fargo & Company
Philip J. Hayes
Managing Director
Senior Fiduciary Counsel - Western Region
Bessemer Trust
Topics
• Practicalities of account acceptance; the legal and risk considerations of corporate trustees
• How distributions to beneficiaries work for corporate fiduciaries
• How corporate trustees interpret trust distribution provisions (discretion, standards, outside resources, depletion, moral character and drug testing, etc.)
• Investment and retention of assets issues (concentrations, non-standard assets, directed trusts, situs, etc.)
• Points of contention with and among beneficiaries and co-trustees