Conference Materials

2022

Ambiguous Trust Language

Wednesday, May 4, 2022 10:30 AM - 11:30 AM

Speaker

Joanne Hindel

Vice President & Regional Fiduciary ExecutiveVice President & Regional Fiduciary Executive OSBA Board Certified Specialist in Estate Planning, Trust and Probate Law
FIFTH THIRD BANK
Cleveland, Ohio 

Speaker Bio

Session Description

Share and share alike per-stirpes and other confusing or downright nonsensical trust terms that must be addressed when administering trusts. How does a trustee resolve confusing, conflicting or missing trust provisions while preserving settlor intent? When can trust interpretation or construction be undertaken through the use of a private agreement among the trust beneficiaries and when must court review be pursued? This presentation will explore some common situations and offer solutions to ensure ongoing trust administration by minimizing the risks created by unclear trust provisions.

Session Materials

Ambiguous Trust Language- and how to handle it

Ambiguous Trust Language- and how to handle it