A Guide to Ethics in Fiduciary and Trust Activities
Your client doesn’t want to trust his house keys to someone he doesn’t trust; he won’t want to trust his trust assets, either. This Guide to Ethics presents scenarios identifying ethical breaches, and provides the trustee with tools should he discover a breach.
After completing this course, students will be able to:
- Describe the duties of the trustee to beneficiaries, including the duty of loyalty and the duty to enforce and defend claims
- Explain trustee liability in the event of a breach of trust and remedy options
- Describe tools provided under the Uniform Trust Code (UTC) that trustees can use to manage fiduciary risk
- Explain the differences between an agency and a fiduciary relationship
Trust officers and other trust department personnel.
ICB Certifications: 0.75 CTFA
ABA Certificates: This course applies to the ABA Certificate in Trust: Foundational.