Minimizing Fiduciary Risk and Litigation
ABA SELF-PACED ONLINE TRAINING
Outlines risks associated with participation in the estate planning process, asset management, and fiduciary liability to third parties, and ways to mitigate risk in all situations. Describes ways to mitigate risks of self-dealing and prohibited transactions, and explores the risks associated with notice to beneficiaries and accounting and discretionary distributions.
- Identify general types of trust litigation
- Describe situations that may contribute to risk exposure and ways to mitigate the risk
Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.
1.0 CISP, CRSP, CSOP, CTFA
The New York Bankers Association is a Local ABA Training Provider.
NYBA Professional Development at (212) 297-1679