PPT-IPPFA TRUSTEE CERTIFICATION

1 1 Basic Funding Concepts Understanding the Actuarial Valuation 2 Art Tepfer ASA MAAA EA Tepfer Consulting Group Ltd 145 Revere Drive Northbrook IL 60062 8475097740 8479228708 cell. 1. Money Damages (trustee not in breach) -- § 114.001. Any profit through or arising out of the administration of the trust.. Exception for trustee’s compensation. 1. Money Damages (trustee in breach) -- § 114.001. Chris Smail - Langer & Co. ChrisSmail@langer.co.uk. 0161 491 3788. www.langer.co.uk. 17/02/2011. Why am I here?. Member. Trustee. Acountant. Why are you here?. ?. Why are we here?. Lots of Guidance already available. Sources of Trustee’s Powers. 1. Trust Instrument. Sources of Trustee’s Powers. 2. Trust Code. §§ 113.001-113.029. Sources of Trustee’s Powers. 3. Granted by Equity (Implied Powers). § 113.002 – “necessary or appropriate”. Re-engagement Strategy. . June 2, 2015. Board Convened Ad Hoc Trustee Governance Committee. Board Convened Ad Hoc Trustee Governance Committee. Board appointed Co-Chairs of Ad Hoc Trustee Governance Committee: . Sources of Trustee’s Powers. 1. Trust Instrument. Sources of Trustee’s Powers. 2. Trust Code. §§ 113.001-113.029. Sources of Trustee’s Powers. 3. Granted by Equity (Implied Powers). § 113.002 – “necessary or appropriate”. 1. Money Damages (trustee not in breach) -- § 114.001. Any profit through or arising out of the administration of the trust.. Exception for trustee’s compensation. 1. Money Damages (trustee in breach) -- § 114.001. Standing to enforce. Must be “interested person”. Beneficiary. Trustee. Attorney general (charitable trusts). Others affected by the trust?. Necessary Parties. Must determine under state law the parties who MUST be involved with the lawsuit.. Clause. © Charles Tabb 2010. What is “avoidance”?. Set aside, invalidate. A transfer by or obligation of Dr. Based on one of the powers given trustee in 544-549. Effects: Avoid outright transfer. “WE CAN WORK IT OUT” - DECANTING: FLEXIBILITY AND DANGERS. THE STATE DECANTING STATUTES. Meryl G. Finkelstein. Partner. Brick & Patel LLP. mfinkelstein@brickpatel.com. October 25, 2016. INTRODUCTION. Texas does . not. require regular accountings.. Some states . require. annual accountings even without beneficiary request or court order.. 2. Who may request an accounting?. 1. Beneficiary -- § 113.151(a). Thisagreeentmade andentered intoandbetweenFaye D. English,ChapterStandng Trustee (hereinafterreferredTRUSEE),and(enter name user)(hereinafterreferred The Trustee isdulyappointedpterStandingTruste for Attorneys must submit all documents via EPIQ DOCUMENT DELIVERY SYSTEMS Do not mail or fax any documents unless you have contacted and received permission from the Trustees assistant If you do not ha kindly visit us at www.nexancourse.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. FINANCIAL MANAGEMENT. Koos Du Toit CA (Nam) CA (SA). Financial Director Paramount Healthcare. FINANCIAL MANAGEMENT - AGENDA. Reading and interpretation of management accounts.. Key financial indicators to be considered by trustees..