|
TRUST
BASICS
(2008)
An Introduction to the Products
and Services of the Trust Industry
In the high-stakes world of trust
management, success belongs to the best trained -- Trust
Basics is the foundational course for trust professionals in
banks. Trust Basics
will help new trust professionals understand the fundamentals of the
trust business, as well as learn more about their jobs, communicate the
advantages that bank trust departments offer their customers, and guide
their customers through the process of establishing a trust.
Reader
friendly and non-technical in style, Trust Basics gives
you a step-by-step overview of trust departments, types of trusts,
delivery of trust services, administering and settling estates, and
challenges facing the trust industry. Many real-life anecdotes and
examples illustrate everyday situations and important principles of
trust management.
After reading this text,
you will be able to:
-
Distinguish between types
of assets and forms of property ownership
-
Define the basic concepts
of stocks, bonds, mutual funds, and common trust funds
-
Describe the purpose and
scope of various agency relationships
-
Explain the Prudent
Investor Rule and how it relates to investment risk, policy, and
responsibility
-
Analyze a will and list the
steps of the administration and settlement of an estate
-
Distinguish between the
types of guardianships that exist and compare powers of attorney for
property and healthcare
-
Define what a personal
trust is, reasons for having one, and the characteristics of a good
trustee
-
Explain the basics of
gifting and fit and estate taxes
Trust Basics supports the AIB Online course
in Trust Basics and may be used to teach Trust Basics in the
classroom.
Catalog #3004301
$79 members; $119 non-members
Instructor's Manual (on CD-ROM)
Catalog #3004302
$45 members; $65 non-members
Publication Order Form
For further information, call NYBA
Education at (212) 297-1679.
|
