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Trust Management and Fiduciary Trust Accountings (On-Demand)

General Credits:
Original Date Of Course:

$129.00

Course Description

This course is a practical overview of trust management responsibilities, with a focus on fiduciary accounting and the trustee’s duty to inform and report under the Uniform Trust Code (UTC). Attendees will learn how to identify who is entitled to trust information, distinguish between trust accounting income and taxable income, and understand the critical tasks involved in preparing a proper trust accounting. The session also includes updates on the Uniform Fiduciary Income and Principal Act (UFIPA) and how it affects trust administration in California and beyond.

Syllabus

  1. The trustee’s duty to inform and report under the Uniform Trust Code
  2. Identifying who has a right to information about the trust
  3. Reporting: principal and income
  4. Tasks and elements of trust accounting

Credit Details

Course Type

Course Instructor

Vanessa M. Terzian, Esq.
Original Date Of Course

General Credits

1
Vanessa M. Terzian, Esq.
Vanessa M. Terzian, Esq.
Vanessa M. Terzian, Esq. is an adjunct professor of Wills and Trusts at Southwestern Law School with extensive experience in estate planning, probate, and trust administration developed through her work as a trust officer at Wells Fargo and her own legal practice. She holds recognition as a Rising Star by Super Lawyers and serves as a faculty member at the Institute for Preparing Heirs, drawing on her background in real estate and business to counsel families on comprehensive estate planning strategies.
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