Trustee Training Course

What does it mean to be a Trustee?

Trusteeship is more than a duty - it is a calling to steward and safeguard what matters most for beneficiaries. It is a position of implicit trust, honor, and integrity.

Trustees shoulder responsibilities, navigating lawful, legal, incorporated, unincorporated, ethical, and financial terrain.

This isn’t just about following the rules; it’s about embodying trust, accountability, and responsibility.

This course will equip you to honor the original intent of trusts, understand their evolution over time, and distinguish between statutory and private trusts, ensuring you act with wisdom and integrity.

Course Content

1. The Foundations of Trusteeship

Who is a Trustee? Discover the essence of this vital role.
Who Can or Cannot Be a Trustee? Learn the qualifications and disqualifications.
Appointment and Acceptance of Trusteeship. Start strong with the right protocols.
Resignation or Removal of a Trustee. Navigate transitions with grace and legality.

2. Trustee DOs and DON’Ts

Learn the golden rules of trusteeship, from prudent actions to pitfalls to avoid.

3. Compensation and Expenses

Understand how trustees are compensated fairly and reimbursed for legitimate expenses.

4. Powers of a Trustee

Delegating Powers. Know what you can and cannot delegate.
Leasing, Contracting, Suing, and Defending. Operate within your legal powers effectively.

5. Duties of a Trustee

To Beneficiaries. Serve with loyalty and care.
In Exercise of Office. Fulfill your responsibilities with diligence.
To Account. Maintain transparency and accountability.

6. Managing Funds

Securing Property and Custody. Protect assets under your care.
Investments and Conversions. Navigate financial decisions prudently.
Distribution and Payments. Ensure fair and timely allocation to beneficiaries.