Discretionary Distributions
Discretionary Distributions introduces you to the basic principles of discretionary distributions. It covers the reasons for making discretionary distributions and the trustee's authority to make them, as well as distribution standards, tax consequences, and other potential liabilities involved in making discretionary distributions.
| Price | $215 Nonmembers / $160 Members |
| Course Credits | AIB: 0 ; ICB: 6.5 (CTFA/FID) ; CFP: 3.0 |
| Prerequisites | None |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
This course is appropriate for Trust Officers who have already achieved a basic level of knowledge and expertise in the trust field.
Learning Objectives
After completing this course, students will be able to:
- Identify the relevant factors to consider in making discretionary distributions
- Identify and interpret the standards applied in exercising discretionary powers
- Describe the potential tax consequences of making discretionary distributions
- Explain the effects of special considerations such as attachment by creditors, spendthrift clauses, and disabled or incapacitated beneficiaries
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.