April 24, 2019
Laura Weintraub Beck, Chairman of Cummings & Lockwood’s Private Clients Group, will be a featured panelist at the 31st Annual Real Property, Trust & Estate Law, National Conference in Boston on May 9th and 10th. The Panel is entitled the “Perilous Pot Trust: Balancing Families, Flexibility, and Fiduciary Duties.”
The panel will discuss “Pot” trusts which allow a trustee to sprinkle and spray distributions among a class of beneficiaries from a single fund. While these types of trusts are often promoted as allowing a trustee to manage money in the same way that the grantor would manage money for the family, administering a pot trust is rarely straightforward. The trustee’s ability to manage tricky family dynamics, competing interests, and different objectives is critical. This program will cover:
More information can be found at the following link: https://www.americanbar.org/groups/real_property_trust_estate/events_cle/annual-rpte-national-cle-conference/