LLM 345

Trust Administration

2 Unit(s)

This course will provide students with highly practical guidance on the administration of irrevocable trusts. Beginning with the process of post-death administration and continuing through topics such as making discretionary distributions, the basics of trust accounting, and investing trust assets. Additional topics will include the duties and responsibilities of the trustee, trustee suitability, trust situs and the role of a trust protector. The course will draw heavily from real-life case studies.