The Interplay of Trust Administration and Bank Internal Policies and Procedures
Date: Thursday, May 17, 2012
Time: 4:00 pm – 6:00 pm (check-in 3:30 pm)
Presenters: MaryClare Lawrence, John Friedmann, Caron Schmierer, and Bill Andrews
Place: Mayacama Golf Club, 1240 Mayacama Club Drive, Santa Rosa, CA
Cost: $65–Regular Admission; $45-Students
MCLE Credit: 2.0 Units Estates Planning, Trust and Probate MCLE
Online registration is closed. To register for this seminar, please contact Amy at (707) 542-1190 ext. 17.
When establishing and administering trusts, it is common for attorneys and their clients to encounter unforeseen problems with banks that can undermine and frustrate established estate plans and trust documents. Unexpected, inconsistent, and bewildering individual bank “policies,” “procedures,” and “rules” can cause disastrous delays and expense in establishing and managing trust accounts.
Many of these obstacles are not on the radar of trust counsel, and may appear to lack a legal or rational basis. Also, banks often are unwavering in their adherence to what appear to be unreasonably cumbersome requirements.
This panel of experienced trust practitioners and veteran bank counsel will identify, examine, and suggest solutions to a wide array of trust banking issues, and will help attendees understand the banks’ legal and practical perspective. Attendees are encouraged to provide, in advance, examples of issues they have encountered for discussion by the panel. Such examples should be emailed to Stephanie Hess at firstname.lastname@example.org.