The legal complexities, risks and responsibilities of trusts can be daunting for experienced trustees to navigate. Therefore, it is not surprising that many non-professional trustees can find this new landscape overwhelming. In this webinar, we will discuss the  tips to help non-professionals trustees understand their responsibilities and avoid typical pitfalls.

Topics Discussed:

-Trust and Trustee Basics
-Importance of having a trust
-Taxation of trusts and filing tax returns
-Limiting your liability
-How to build a support team and who should be involved
-How to track disbursements and properly document transactions
-How to review the trust document - each is drafted differently!