When it comes to nominating a successor trustee there are usually four main groups that people regularly turn to – family members, friends, corporate trustees – and more recently, professional fiduciaries. But what exactly does a professional fiduciary do?
Licensed Professional Fiduciary
A professional fiduciary serves the client’s best interest by acting as a trustee, agent under a durable power of attorney for health care, or agent under a durable power of attorney for finances.
In this CLE course, Marguerite Lorenze and Adam Sherry provide their insight and guidance on selecting a professional fiduciary as a successor trustee. The main points of discussion include: working with professional fiduciaries, doing your due diligence, interacting with the client and corporate trustees vs. private fiduciaries. To access the course please click here: Selecting a Professional Fiduciary as a Successor Trustee.
Additionally, Marguerite and Adam also cover:
- Resources for attorneys
- The power of attorney
- Agent for health care
- Meeting & communicating with the client
- Advising clients
- Trust provisions
- Improving the client’s life
- Focusing on the quality of life
- Key provisions
- The role of the corporate trustee
- Putting the client’s interest first
Marguerite is a professional Trustee and Executor and frequent speaker on a variety of Estate Planning topics. Adam L. Sherry specializes in estate planning and probate and trust administration.
This CLE course is offered in the following states:
- Alaska (AK)
- Arizona (AZ)
- California (CA)
- Connecticut (CT)
- District of Columbia (DC)
- Illinois (IL)
- Maryland (MD)
- Massachusetts (MA)
- Michigan (MI)
- Missouri (MO)
- New Hampshire (NH)
- New Jersey (NJ)
- New York (NY)
- North Dakota (ND)
- Pennsylvania (PA)
- South Dakota (SD)
Attorney Credits offers CLE for attorneys in California and around the country. For more information about CLE in California please click the following link: CA CLE.