Developments in Trust and Estate Administration and Fiduciary Liability
To be successful consistently, a fiduciary must have the skills and temperament to navigate turbulent waters with a
steady hand. Fiduciaries frequently face risks and challenges from three, often conflicting, sources: the governing
instrument; applicable state and federal law; and the beneficiaries. We will tackle issues emanating from all three of
these sources, they include:
• Areas of greatest hazard for fiduciaries
• Beneficiaries' consents, waivers and releases
• Statutes of limitations for bringing claims against fiduciaries
• Lawyer liability that may arise from advising beneficiaries or fiduciaries