Trust Conference



*All times listed below are in PDT

Monday, October 19
  Virtual Exhibition Hall and Networking Rooms
6:00 AM – 7:00 AM A Delaware Update: Legislation, Cases, and Trends

Jocelyn Margolin Borowsky
Duane Morris LLP

Gregory J. Weinig 
Connolly Gallagher LLP
7:00 AM – 7:10 AM Break
7:10 AM – 8:10 AM Trust Ethics -
Ethical Issues in Planning for the Modern Family

Lauren J. Wolven 
Partner, Trust & Estates Group 
Levenfeld Pearlstein, LLC
8:10 AM – 8:20 AM Break
8:20 AM – 9:20 AM Perspectives from In-House Trust Counsel

Peter S. Gordon 
Gordon, Fournaris & Mammarella, P.A.

Susan Snyder 
Trust Counsel and Deputy General Counsel 
Northern Trust

Neil Derman 
Administrative Vice President 
Wilmington Trust

Michael R. Stein
Managing Senior Counsel
PNC Bank, National Association

Aileen Denne-Bolton 
SVP, Institutional Trust Services
Brown Brothers Harriman & Company
9:20 AM – 11:00 AM Lunch Break – Networking
11:00 AM – 12:00 PM Ethical Leadership

Dr. Tony Allen 
Delaware State University
12:00 PM – 12:10 PM Break
12:10 PM – 1:10 PM Interactive Split Sessions
  Trust Terminations –
To Release or Not To Release and
other Trustee Concerns!

Thomas Forrest 
President & CEO
U.S. Trust Company of Delaware

Edwin Morrow III 
Regional Wealth Strategist 
U.S. Bank Private Wealth Management
  Onshore v. Offshore APT

Speaker TBA
  Community Property

Trisha W. Hall 
Connolly Gallagher LLP

Colleen Barney 
Albrecht & Barney
  Fiduciary Litigation

Speaker TBA
1:10 PM – 1:20 PM Break
1:20 PM – 2:50 PM The Life Changing Magic of Grantor Trusts

Samuel A. Donaldson 
Professor of Law 
Georgia State University
Tuesday, October 20
  Virtual Exhibition Hall and Networking Rooms
6:00 AM – 7:30 AM The Past Year’s Most Significant, Curious, or
Downright Fascinating Fiduciary Cases

Dana G. Fitzsimons, Jr. 
Principal, Senior Fiduciary Counsel 
Bessemer Trust
7:30 AM – 7:40 AM Break
7:40 AM – 9:10 AM Wealth Planning for a Brave New World:
It’s All In the Family…What’s a Family?

R. Hugh Magill 
Vice Chairman
The Northern Trust Company
9:10 AM – 11:00 AM Lunch Break – Networking
11:00 AM – 12:30 PM Interactive Split Sessions
  Industry Insights on Discretionary Distributions

Cynthia D.M. Brown 
Commonwealth Trust Company

Francis Hazeldine
Managing Director Trust Administration and Tax
Charles Schwab Trust Company of Delaware
  International Planning – Case Studies

Tama Brooks Klosek 
Managing Member 
Klosek & Associates PLLC

Natalia Murphy
Head of Trust and Wealth Planning for North America
  Best Practices Administering Trusts with Special Assets

Phoebe Papageorgiou
American Bankers Association

Mark Doyle
Principal, Fiduciary Counsel
Bessemer Trust Company of Delaware, N.A.

Matthew P. D’Emilio 
Managing Member
McCollom D’Emilio Smith Uebler LLC
12:30 PM – 12:40 PM Break – Governor’s Hall with Exhibitors
12:40 PM – 1:40 PM International Planning Jurisdiction Specific

Speaker TBA
1:40 PM – 2:40 PM Demystifying Distributable Net Income (DNI)

Jere Doyle 
Senior Vice President
BNY Mellon Wealth Management
                  On Demand - Available through November 30th
  Pushing the Envelope:
Flexible Trust Laws Seeing More and More Uses

David Diamond 
The Northern Trust Company of Delaware

Daniel Hayward 
Gordon, Fournaris & Mammarella, P.A.
  Designated Representatives:
You’ve Been Drafted and Sent To The Front Lines

George Kern
Regional Director 
Bessemer Trust Company of Delaware

Vincent C. Thomas 
Young Conaway Stargatt & Taylor, LLP

Trust Ethics – Ethical Issues in Planning for the Modern Family

In a world where communication is instantaneous, nuclear family and gender definitions are constantly evolving, and drugs once illegal are now in wide and open semi-legal use, estate planning advisors are throttled with new and surprising ethics issues. This presentation will address ethics pitfalls, the importance of cultural awareness and practical methods for establishing boundaries with clients.


Ethical Leadership

Creating a contemporary organization by enhancing economic inclusion, promoting greater diversity and opening the doors of opportunity for all.


Community Property

A discussion about the practical considerations involved when transferring community property to a Delaware trust from the perspectives of attorneys practicing in California and Delaware.


The Life Changing Magic of Grantor Trusts

The income tax rules governing grantor trusts, the centerpiece of most estate plans, have been around for over 65 years, and yet there are still very basic questions for which there are no answers. This session asks and answers those questions, including the best powers for creating grantor trusts, the ability to “toggle” grantor trust status, and situations for exercising a power to substitute assets.


Wealth Planning for a Brave New World: It’s All In the Family…What’s a Family?

The structure of the American family has changed dramatically in the last few decades, presenting creative opportunities to develop estate plans and design trusts that will best serve the needs of contemporary families. This presentation will examine generational attributes, the changes in marriage and family structure, and their implications for estate planning, trust design, and family collaboration and decision making.


Best Practices Administering Trusts with Special Assets

Delaware law offers substantial investment flexibility with establishing directed trusts that allow corporate trustees to feel comfortable holding special assets. However, with this great power comes many unique challenges. This discussion will suggest best practices and regulatory requirements for onboarding, review and administration of trusts with special assets.


Demystifying Distributable Net Income (DNI)

This session will discuss what DNI is, why it is important, how to calculate DNI, how it is reported on a fiduciary income tax return. In addition, we will review how DNI is allocated among the beneficiaries of an estate or trust under the tier system, the separate share rule, the 65 day rule, how specific bequests are treated and planning opportunities using a Section 643(e) election.


Pushing the Envelope: Flexible Trust Laws Seeing More and More Uses
(On-Demand Session)

Are modern flexible trust provisions being used in ways not originally envisioned? When are beneficiaries and fiduciaries, and their counsel, seeking to “push the envelope” too far? This presentation will discuss the various ways of modifying trusts, the typical historical uses, tax and fiduciary responsibility implications, and the recent trends for more drastic changes.