Discretionary Distributions: Balancing Trustee Authority and Beneficiary Needs

Discretionary distributions are a powerful estate planning tool, offering trustees the flexibility to address beneficiaries' unique circumstances. This session delves into the nuances of drafting and administering discretionary distribution provisions. Explore best practices for balancing trustee discretion with fiduciary obligations, mitigating conflicts among beneficiaries, and ensuring compliance with legal and tax considerations. Learn how to craft clear guidelines that align with the grantor's intent while providing trustees with the tools they need to make sound, equitable decisions. Originally presented as part of Estate Planning Short Course 2025.

Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR

SKU: P9004-25R-07B

$65.00 or 1.00 credits

Qty: decrease increase

Expires 05/01/2027

Discretionary distributions are a powerful estate planning tool, offering trustees the flexibility to address beneficiaries' unique circumstances. This session delves into the nuances of drafting and administering discretionary distribution provisions. Explore best practices for balancing trustee discretion with fiduciary obligations, mitigating conflicts among beneficiaries, and ensuring compliance with legal and tax considerations. Learn how to craft clear guidelines that align with the grantor's intent while providing trustees with the tools they need to make sound, equitable decisions.
Joe Blumberg, ArentFox Schiff, Chicago
Christin Handa, Northern Trust, Chicago

Overview
Specifications

Expires 05/01/2027

Discretionary distributions are a powerful estate planning tool, offering trustees the flexibility to address beneficiaries' unique circumstances. This session delves into the nuances of drafting and administering discretionary distribution provisions. Explore best practices for balancing trustee discretion with fiduciary obligations, mitigating conflicts among beneficiaries, and ensuring compliance with legal and tax considerations. Learn how to craft clear guidelines that align with the grantor's intent while providing trustees with the tools they need to make sound, equitable decisions.
Joe Blumberg, ArentFox Schiff, Chicago
Christin Handa, Northern Trust, Chicago

Products specifications

Category	Estate Planning & Probate
Program Date	05/06/2025

Products specifications

Category	Estate Planning & Probate
Program Date	05/06/2025

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