PALE 235 Trustees and Trust Administration –3 hour credit – This course will examine the fiduciary responsibilities that govern the duties of the trustee in carrying out the provisions of the trust as dictiated by the trust instrument. The course will survey the myriad of situations that the trustee may encounter in balancing the often competing interests of the various classes of beneficiaries. The course will also examine some of the recent cases, state statues and legal trends that are instructive in this area. The course will also review the regulatory authority in this area. The course will also review the regulatory authority that governs the unique investment considerations that impact trustees in managing the assets of the trust.
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