The Perilous Pot Trust - Workshop
Date: Wednesday, December 16, 2020
Time: 12:00pm - 1:30pm
Location: Zoom Meeting
Speaker: Janet Rae Montgomery, Nisen & Elliott and Elisa Shevlin Rizzo, The Northern Trust Company
Single “pot” trusts which allow a trustee to sprinkle distributions among a class of beneficiaries are often promoted as allowing a trustee to manage money in the same way that the grantor would manage money for the family. However, administering a pot trust is rarely straightforward. The trustee’s ability to manage tricky family dynamics, competing interests and different objectives is critical.
We were unable to get approval for an Insurance continuing education credit.
