FOR IMMEDIATE RELEASE
San Diego, CA – August 7, 2024 – Tereina Stidd, Director of Education for the American Academy of Estate Planning Attorneys, delivered an engaging and educational presentation on “The Basics of Trust Administration” on August 7, 2024. The event, sponsored by Lorman, offered attendees a comprehensive understanding of trust administration best practices, focusing on equipping professionals with the knowledge necessary to navigate the complex responsibilities involved.
Trustees and successor trustees often face challenges in fulfilling their duties due to a limited understanding of the myriad responsibilities associated with their roles. This can lead to missed deadlines and inadvertent breaches of fiduciary duties. Tereina’s presentation delved into the provisions of the Uniform Trust Code, which forms the foundation for trust codes in most states, providing attendees with detailed insights into these critical guidelines.
Participants gained clarity on key topics, including:
- The essential duties and responsibilities of trustees
- Strategies for advising beneficiaries and trustees effectively
- How to avoid common pitfalls in trust administration
By addressing these areas, Tereina empowered attendees to provide meaningful advice and support to their clients, ensuring the proper administration of trusts.
The American Academy is proud of Tereina’s continued contributions to advancing education and excellence in estate planning and elder law. Her expertise and dedication exemplify the Academy’s commitment to providing its members and their clients with the tools and resources necessary to succeed.
About the American Academy
The American Academy has been a trusted resource for estate planning and elder law professionals for over 30 years. The organization offers cutting-edge education, marketing tools, and practice-building strategies to help its members better serve their clients and communities.
For more information about this presentation or the Academy’s educational initiatives, please contact:
Media Contact:
American Academy of Estate Planning Attorneys
(800) 846-1555
info@aaepa.com
