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 - 9:45, Mark J. Morrise
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
   10:00 - 11:15, Mark J. Morrise
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
   11:15 - 12:30, Deacon Haymond
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
   1:30 - 2:30, Matthew Grimmer
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
   2:30 - 3:30, Matthew Grimmer
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
   3:45 - 4:40, Dominick Villa

MATTHEW GRIMMER is a shareholder of the law firm Durham Jones & Pinegar, PC, where his main areas of practice include fiduciary litigation, trust and estate litigation, probate administration, estate and trust administration, as well as general commercial litigation. The majority of his practice involves pursuing or defending trustees or personal representatives. Mr. Grimmer has been an advisor to the NFL Players Association for the past six years, and is a member of the NFL Players Association Financial Advisors Certification Committee. He earned his B.A. degree from Brigham Young University and J.D. degree from Syracuse University. Mr. Grimmer is a member of the Utah (Estate Planning and Litigation sections) and Texas (Real Estate, Probate and Trust Law and Litigation sections) bar associations and is also admitted to practice before the US Tax Court.

MARK J. MORRISE is a shareholder with the Salt Lake City law firm of Callister Nebeker & McCullough, where his law practice focuses on trusts and estates, estate and gift tax planning, trust and estate administration, asset protection, charitable planning, planning for closely held businesses, and legacy planning. Mr. Morrise assists clients with traditional estate plans and also counsels high net worth clients in the use of sophisticated planning techniques, including family LLCs and limited partnerships, sales to irrevocable grantor trusts, and grantor-retained annuity trusts (GRATs). A fellow of the American College of Trust and Estate Counsel and a Certified Legacy Advisor, Mr. Morrise is a frequent presenter at estate planning seminars, and has published articles on estate planning in Zions Community Magazine and the ?Money? section of Salt Lake Magazine. He is also the author of two websites, www.utahestateplans.com and www.utahprobate.com, which deal with estate planning issues. Mr. Morrise is a past chair of the Estate Planning Section of the Utah State Bar, and a member of the Salt Lake Estate Planning Council and a member of the board of the Salt Lake City chapter of the Society of Financial Service Professionals. He earned his B.S. degree, magna cum laude, from Brigham Young University, and his J.D. degree from the J. Reuben Clark Law School at BYU.

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