Trustees and Beneficiaries

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Delaware Directed Trusts
Hawthorn, PNC Family Wealth
Families with complex assets, such as family businesses, as well as those who have portfolios managed by multiple advisors, may find trustees reluctant to administer their trusts. This is because, in
The Risks of Serving as an Amateur Trustee for Your Family
Warner Norcross + Judd
Although it is flattering to be asked to be a trustee, you should give careful consideration about serving in this important role, as performing the responsibilities of a fiduciary can expose you to
Entrepreneurialism Through Trusts: Including Direct Investments in Trust Structures
Many of the wealthiest and most sophisticated families are reconnecting to their family roots in entrepreneurship and are investing in, and managing, direct investments using thoughtfully designed
The 25 Best Practices of Multi-Generational Families
GenSpring | SunTrust Private Wealth
From experience and internal research and collaboration with experts and families over the years, 25 non-financial best practices have been identified as having a positive impact on the ultimate
Trust Basics
Hawthorn, PNC Center for Financial Insight
Originating in English common law, trusts have been used for centuries to manage holdings of the wealthy. Even though trusts are quite common, many people may find them hard to understand. Having an
Who Can I Trust to Be My Trustee?
Warner Norcross + Judd
The legal qualifications for a trustee are simple: the person must be over the age of 18 and legally competent to manage his/her own affairs. The practical qualifications, however, are much more
Planning for What Comes Next: Estate Planning Instruments and Divorce
Jessica Bank Interlandi, Schiller DuCanto & Fleck LLP
Estate planning is often part of a divorce settlement, and negotiation of these terms can be as integral to the divorce settlement as allocation of parental responsibilities, support issues, or
Private Family Trust Company Research: Select State Trust Laws—Nonjudicial Settlement and Modification Agreements with Virtual Representation
Waller Lansden Dortch & Davis (now part of Holland & Knight)
Private family trust companies have increased in popularity in recent years, and several states have adopted statutes specific to them. This compiled information compares state trust law requirements
Making Sense of Situs for Private Family Trust Companies
This webinar analyzed the meaning and understanding of “situs” as it relates to Private Family Trust Companies, and focused specifically on the concepts of trust company situs, trust situs, and tax
2017 Estate Planning Update
FOX’s annual estate planning review session for 2017 featured Tom Abendroth of Schiff Hardin and Susan Gell Meyers of Warner, Norcross & Judd. They led FOX participants through a thoughtful