The Discretionary Distributions course introduces 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.
After successfully completing this course, you should 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
Who Should Attend:
Trust Officers who have already achieved a basic level of
knowledge and expertise in the trust field or those who
have completed Personal Trust Curriculum Level 1.
