Mitigating the Risks of Fiduciary Litigation

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Institutional trustees are often appointed to manage large trusts. Even though they may have trust departments and trust professionals dedicated to and specializing in the management of trust assets, that does not eliminate their litigation risk. In fact, it may expose them to even more litigation as they are expected to have superior knowledge of the trustee’s duties and obligations to which they are bound. 

This program will provide an overview of institutional trustees' fiduciary duties, the common challenges made by beneficiaries and others, and best practices for lawyers to help corporate trustees minimize litigation risk.

 

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