Distribution Provisions: Understanding the Issues and Options

Family Office Exchange (FOX) Workshop — Grantors, Trustees, and Beneficiaries: A New Look at Roles and Responsibilities

March 27, 2012

3:45 PM – 4:30 PM

Kim Kamin, now Chief Wealth Strategist at Gresham Partners, LLC, spoke at the FOX workshop, Grantors, Trustees, and Beneficiaries: A New Look at Roles and Responsibilities, on Tuesday, March 27, 2012, at the Gleacher Center (450 North Cityfront Plaza, Chicago). Ms. Kamin copresented the session “Distribution Provisions: Understanding the Issues and Options,” which addressed the key issues related to trust distributions, including discretionary versus required distributions from a trust, the unitrust concept, and exhausting trust assets. This session also covered the many factors that trustees should consider when faced with requests for discretionary distributions including the potentially negative reaction of other family members to the granting of discretionary distributions to a beneficiary. CLE credit. For more information on this workshop and other workshops, contact the Family Office Exchange at 312.327.1231 or workshops@familyoffice.com.