Your firm may use some of the most sophisticated tools available to establish a strong estate plan for your client, but the true test of that plan comes with its implementation. In order to bring all your carefully laid plans to fruition, you need to be up to speed on the issues you may face when called on to administer an existing trust. Don't miss this opportunity to strengthen your knowledge and skills. This fundamental overview will provide you with the solid foundation you need to successfully administer trusts. Order today!

1. The Laws and Rules Governing Trustees
2. Non-Monetary Aspects of Trust Administration
3. Keeping the Books – Accounting in Trust Administration
4. Tips for Recession-Proofing the Trusts
5. Overcoming Ethical Challenges
6. Essential Steps in Trust Termination

1. THE LAWS AND RULES GOVERNING TRUSTEES
   8:30 - 9:30, Lee Craig
1. Principal and Income Act
2. Trust and Trustees Act
3. Uniform Prudent Investor Act
4. The Powers of the Trustee
5. Duties and Responsibilities of the Trustee
6. Liabilities of the Trustee
7. Effectively Conveying to the Trustees What Their Duties Are
2. NON-MONETARY ASPECTS OF TRUST ADMINISTRATION
   9:30 - 10:30, Lee Craig
1. Initial Notices and Actions
2. Conducting Inventory of Assets
3. Modifying the Trust Documents and Changing Situs
4. Reporting to the Beneficiaries
5. Resolving Disputes
6. Overcoming Power of Attorney Challenges
3. KEEPING THE BOOKS – ACCOUNTING IN TRUST ADMINISTRATION
   10:45 - 12:00, Evaleen M. Davis
1. Investment Decisions and the Prudent Investor Rule
2. Practical Tips for Valuing the Assets
3. Special Considerations in Managing Diverse Assets
4. Funding the Trust
5. Effective Communication With Creditors
6. Increasing/Decreasing Distribution Amounts
7. Complying With Taxation Requirements
1. Income Tax
2. Gift Tax
3. Capital Gains Tax
4. State and Federal Estate Tax
5. Generation-Skipping Transfer Tax
4. TIPS FOR RECESSION-PROOFING THE TRUSTS
   1:00 - 2:20, Evaleen M. Davis
1. Impact of Interest Rates on the Trusts
2. To Change or Not to Change? Timing Considerations in Adjusting Trusts
3. Short-Term vs. Long-Term Planning
4. Adjusting QPRTs to the Falling Real Estate Values
5. Valuation and Discount Issues
6. The Effect on Hedge Funds, Private Equity
7. Managing GRATs and IDGTs
5. OVERCOMING ETHICAL CHALLENGES
   2:35 - 3:35, Don D. Ford III
1. Identifying the Client
2. Additional Challenges That Lawyer-Trustees Face
3. Handling the Client's Diminishing Capacity
4. Determining and Collecting Attorney Fees
5. Conflicts of Interest Between Settlor, Spouse, Trustee, Beneficiaries, Settlor's Heirs, Creditors and Any Combination of the Above
6. ESSENTIAL STEPS IN TRUST TERMINATION
   3:35 - 4:40, Don D. Ford III

LEE CRAIG is a sole practitioner in Richardson, Texas, where she concentrates in trusts and estates, elder law, Medicaid planning, contracts, wills, probate, business law, estate planning, and guardianship. Ms. Craig has lectured to professionals and civic organizations on elder law, Medicaid eligibility, asset protection and estate planning for elders. She was on the District I State Bar Grievance Committee for five years. Ms. Craig earned her B.F.A. degree from North Texas State University and her J.D. degree from Southern Methodist University. She is a member of the State Bar of Texas (Real Property, Wills, Trusts and Probate sections) and the College of the State Bar of Texas.

EVALEEN M. DAVIS is an attorney in Plano, Texas. She is board certified in estate planning and probate, and has more than 27 years of experience in the field. Ms. Davis also specializes in non-profit compliance and considers offering her assistance on a pro-bono basis in appropriate situations. She has previously lectured on claims procedures in probate and is a frequent lecturer at the Dallas Police and Fire Pension System pre-retirement programs. Ms. Davis also is a previous presenter at seminars for National Business Institute. She earned her B.A. degree from the University of Texas at Arlington and her J.D. degree from Texas Tech University School of Law. Ms. Davis is a member of the Board of Directors for the Plano Bar Association and the Estate Planning Section of the Collin County Bar Association. She also is on the Board of Directors at the Collin County Adult Clinic.

DON D. FORD III is the managing partner in the law firm of Ford & Mathiason LLP, and is board certified in estate planning and probate. Mr. Ford has lectured to various professional groups on estate planning, probate and guardianships topics and practices exclusively in these areas. He earned both his B.B.A. and J.D. degrees from Baylor University. Mr. Ford was appointed by the chief justice of the Texas Supreme Court to serve on the Texas Guardianship Certification Board, where he chairs the Rules Committee. Mr. Ford also serves on the editorial board of The Houston Lawyer magazine and the Board of Trustees for the Houston Lawyer Referral Service. He is a member of the Probate, Trusts and Estates sections of both the Houston and Dallas bar associations.

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