Loring: A Trustees Handbook; 2004 Edition

Loring: A Trustees Handbook is regarded as the most convenient, reliable, and complete source for trust advice. Get in-depth information on how to stay on top of the developments in this complex field of practice. The 2004 Edition brings you up to date on the latest cases, statutes, and developments such as: - The Trustee's Liabilities, including discussion of the standing to seek judicial relief for a breach of trust; defenses to breach of trust claims; damages, penalties and denial of compensation for costs and fees. - Examination Types of Trust, including exploration of the Quitclose Trust and the Private Sector Blind Trust. - Examination of the Supreme Court's decision in Brown v. Legal Foundation of Washington ruling that though gross IOLTA income constitutes the property of clients and the gross income had been taken from them by the state, there was no compensation due to them. - Examination of the Supreme Court decision in U.S. White Mountain Apace Tribe holding that a federal statute providing that Fort Apache shall be held by the United States in trust for the White Mountain Apache Tribe imposed certain fiduciary obligations on the United States to include keeping the property from falling into disrepair In addition, the comprehenisive appendix materials contain an expanded selection of relevant income, gift, estate, and generation-skiping Internal Revenue Code Sections.