Notice, Information-Sharing and Other Issues Under the Washington Trust Act – Three Perspectives: the Drafter, Fiduciary and Litigator

Oct 31, 2014

Related Practice: Estate Planning & Administration

Katie Groblewski participated in this panel discussion on Oct. 31, 2014 at the 59th Annual Estate Planning Seminar.

The Washington Trust Act was updated in 2011 and 2013, with significant changes to the statutes controlling  a Trustee’s duty to provide notice and information to beneficiaries; defining representation of beneficial interests in trusts and estates; the Trustee’s duty of loyalty and more.  This presentation reviewed the evolution of the law and examined the pros and cons of possible drafting language from varying viewpoints. In addition, the presenters shared how each of them grapple with the legal challenges raised by the changes and what procedural elements they’ve introduced into their daily practice to address the recent changes.