P E N N S Y L V A N I A   B A N K E R S   A S S O C I A T I O N A Provider of AIB Products Discretionary Distributions
Course Description: Discretionary Distributions introduces you to the basic principles of discretionary distributions. It covers the reasons for making discretionary distributions and the trustee's authority to make them, as well as distribution standards, tax consequences, and other potential liabilities involved in making discretionary distributions. Audience: This course is appropriate for Trust Officers who have already achieved a basic level of knowledge and expertise in the trust field. Learning Objectives: After successfully completing this program, you will be able to:   • Identify the relevant factors to consider in making discretionary distributions   • Identify and interpret the standards applied in exercising discretionary powers   • Describe the potential tax consequences of making discretionary distributions   • Explain the effects of special considerations such as attachment by creditors,       spendthrift clauses, and disabled or incapacitated beneficiaries Course Credits: AIB: 0 ; ICB: 6.5 (CTFA/FID) ; CFP: 3.0 Prerequisites: None Required Software: None Optional Software: Adobe Acrobat Reader and RealPlayer Cost: Members $160   •   Nonmembers $215       Forms Page ... Registration ... Requests ... Withdrawal PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com
This educational opportunity is brought to you by Pennsylvania Bankers Association