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. Overview of Washington's New Trust Act
2. The Laws and Rules Governing Trustees
3. Non-Monetary Aspects of Trust Administration
4. Keeping the Books – Accounting in Trust Administration
5. Trust Disputes
6. Overcoming Ethical Challenges
7. Essential Steps in Trust Termination

1. OVERVIEW OF WASHINGTON'S NEW TRUST ACT
   8:30 - 9:00, Seanna M. Bodholt and Stephanie R. Taylor
   1. RCW's Affected
   2. General Overview
   3. Effective Dates
2. THE LAWS AND RULES GOVERNING TRUSTEES
   9:00 - 9:45, Seanna M. Bodholt and Stephanie R. Taylor
1. Duties, Responsibilities and Obligations of the Trustee
2. The Powers of the Trustee
3. Principal and Income Act
4. Uniform Prudent Investor Act
5. Trust and Estate Dispute Resolution Act (TEDRA)
6. Effectively Conveying to the Trustees What Their Duties Are
3. NON-MONETARY ASPECTS OF TRUST ADMINISTRATION
   9:45 - 11:00, Seanna M. Bodholt and Stephanie R. Taylor
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
4. KEEPING THE BOOKS – ACCOUNTING IN TRUST ADMINISTRATION
   11:15 - 12:30, Seanna M. Bodholt and Stephanie R. Taylor
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
5. TRUST DISPUTES
   1:30 - 2:30, Seanna M. Bodholt and Stephanie R. Taylor
1. Common Causes of Action
2. Washington's Revised Slayer's Statute
3. Capacity to Create a Trust
4. Challenging a Revocable Living Trust
5. Challenging a Breach of Fiduciary Duty
6. Trust and Estate Dispute Resolution Act (TEDRA)
   1. Initial Filings and Venue
   2. Mediation
   3. Arbitration
   4. Statute of Limitations
6. OVERCOMING ETHICAL CHALLENGES
   2:30 - 3:30, Seanna M. Bodholt and Stephanie R. Taylor
1. Identifying the Client
2. Handling the Client's Diminishing Capacity
3. Determining and Collecting Attorney Fees
4. Conflicts of Interest
7. ESSENTIAL STEPS IN TRUST TERMINATION
   3:45 - 4:40, Seanna M. Bodholt and Stephanie R. Taylor

SEANNA M. BODHOLT is a partner in the Spokane law firm of Randall | Danskin, P.S., where her practice is devoted to taxation, estate planning and probate/trust administration. Ms. Bodholt earned her B.A. degree from the University of Washington, her J.D. degree from Gonzaga University and her LL.M. degree in taxation from the University of Florida. She has lectured on estate planning, probate, choice of entity and closely-held businesses for the Washington State and Spokane County bar associations. Ms. Bodholt is a member of the Spokane County and Washington State (member, sections on Probate and Taxation) bar associations, as well as a speaker for National Business Institute.

STEPHANIE R. TAYLOR is a principal attorney at Randall | Danskin, P.S., where she practices in the areas of general tax law, estate planning, trusts, corporate partnerships and limited liability companies. Ms. Taylor is licensed to practice in both Florida and Washington. She has spoken on similar topics for National Business Institute. She is also a frequent speaker on taxation. Ms. Taylor was an adjunct professor for Lewis-Clark State College on tax for accountants and business law. She was a tax consultant to Deloitte Tax from 2005 to 2007. Ms. Taylor received her B.S. degree from Lewis-Clark State College, her J.D. degree from Gonzaga University, her M.B.A. degree from Gonzaga University and her LL.M. degree in taxation from the University of Florida. She is a member of the Washington State Bar (member, Trust, Estate, and Real Property sections), the Spokane County Bar Association, The Florida Bar (member, Trust, Estate & Real Property Section) and the American Bar Association.

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