Beneficiary Rights Teleconference

The Cannon Financial Institute is sponsoring a teleconference on January 23, 2007 entitled Beneficiaries’ Rights Under Wills & Trusts – Like Them Or Not .  Here is a description of the program:

The ability of a creator of any irrevocable trust during life or at death faces innumerable challenges to keeping his or her estate plan intact, especially from challenges by beneficiaries.  The Uniform Trust Code’s concept of “equitable deviation” among other state laws opens the door for beneficiaries to seek major changes in the documents which govern their rights.  Carefully constructed provisions in trust documents and proper situs selection can minimize the damage.  In this program, Roy Adams and Clary Redd will cover:

• What does “beneficiary” mean under local law?
• Methods to minimize interference by beneficiaries.
• Steps to secure trustee compensation from alteration by beneficiaries.
• Legitimate beneficiary concerns.
• Minimum disclosure and other compliance issues.