AIB Overview     AIB Online     AIB Online Schedule     ABA eLearning     AIB Diplomas BASIC ADMINISTRATIVE DUTIES OF A TRUSTEE Course Description:  A fiduciary has a duty to hold the assets of an estate or trust, to administer the assets solely in the interest of the beneficiaries, and to carry out the terms of the trust.  Many of the specific categories of duties that fall under these broad classifications will be discussed in this course, including basic trust administration, agency relationships, guardianships, wills and the probate process Delivery Method:  Instructor-led online course - AIB Online Overview   Course Start Dates     Enroll Online       Print Registration Form Price $225 NYBA or ABA Members/$300 Non-Members  Length 5 Weeks Course Credits AIB: 1.0; ICB: 20 CTFA (FID) Prerequisites None Required Software Adobe Acrobat Reader; Microsoft Internet Explorer Browser 7.0 or Mozilla Firefox 2.0 or higher Audience:  This course is designed for employees who have recently joined the trust department in support positions, non-trust personnel within the bank who work with trust officers and trust clients, as well as employees of service providers to trust companies who want to develop a better understanding of the clients' business needs. Learning Objectives:  After successfully completing this program, participants will be able to: Discuss a trustee's standard of performance Explain the basic principles of administration Analyze administrative duties directed internally by a trust Describe external factors associated with the administration of a trust Define the purpose of state trust statutes Describe an agency relationship Explain the forms of agencies and their features Explain the attributes of using a trust department as an investment manager Define incapacitation Distinguish the types of guardians and guardianships List the duties of an estate guardian Describe the newer forms of guardianships Compare healthcare and property directives Explain what a will is and contrast the differences between dying testate and dying intestate Describe who can establish a will, what testamentary capacity is, and how a will can be contested Determine how a will can be changed Define probate List the steps and timetable involved in the administration and settlement of an estate Define and use the terms that appear in bold in the text Further Your Knowledge:   Trust & Wealth Management eLearning Curricula NYBA Essentials of Trust Administration For further information, call NYBA Professional Development at (212) 297-1679 or email elegg@nyba.com. The New York Bankers Association is a Local ABA Training Provider.