Risk Mitigation for the Successor Trustee
It is hard to be a successor trustee. The common preference of most settlors is to name a nonprofessional—typically a family member or friend—as their successor trustee. Unfortunately, few of these types of successor trustees have the time, interest, or training to manage the complex responsibilities required of a trust administration. Due to unfamiliarity with the role, successor trustees face a high risk of making mistakes and exposing themselves to personal responsibility.
Presented by: Josh Yager, JD, CFP, ChFC
CLE: 1.0 general credit
Approved States: CA, CO, FL, GA, IL, NJ, NV, NY, OH, OK, PA, TN, TX, UT, VT
(AK, AZ, CT, MO, ND, NH eligible to claim credit.)
We will supply you with the information needed to apply in other states.
Contact shopcle@wealthcounsel.
WealthCounsel members: This CLE eligible program may be complimentary for WealthCounsel members, depending upon their subscription bundle. Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.
