Thursday, September 07, 2006

PA Bar Institute & PA Bankers Association Co-Sponsor PA UTA Course

The Pennsylvania Bar Institute will present its multi-site, multi-date, multi-media course, the "Pennsylvania Uniform Trust Act", beginning September 12, 2006, in Philadelphia.

The half-day course will be offered at six live morning locations and twenty satellite afternoon locations across the Commonwealth during September and October, 2006, before the general provisions of the new Pennsylvania Uniform Trust Act will take effect on November 4, 2006.

A complete course description and registration information are available online through the PBI's website here.

The course is co-sponsored by the Pennsylvania Bankers Association. Its form of brochure about the course is found online here.

PBI describes the course as follows:

On July 7, 2006, Governor Rendell signed Senate Bill 660, the Uniform Trust Act. This Act will radically change your estate planning and administration practice and applies to trusts created before and after enactment.

Areas of major change include: *Notice Provisions *Living Trusts *Choice of Law *Spendthrift Provisions *Mandatory Rules *Statute of Limitations *Remedies and *“Much More”

Come hear from members of the Joint State Government Advisory Subcommittee who were instrumental in the drafting and enactment of this crucial new legislation. You will learn about the new provisions on jurisdiction over trusts, how trusts can be modified under the new UTA, the impact on “Living Trusts,” and trustee compensation.

The Day's Topics:

* Scope of PA UTA

* How to navigate the UTA

* Jurisdiction, situs of trusts and choice of law

* Creation, modification and termination of trusts under the UTA

* Resolution of disputes under the UTA - virtual representation

* Notice of trust relationships

* “Living Trusts” under the UTA

* Select issues of administration - trustees’ compensation and codification of laches doctrine
* Questions and Answers
The Faculty is listed as follows:
C. Thomas Work, Esq., Stevens & Lee, P.C., Reading
Hon. Calvin S. Drayer, Jr.
, Court of Common Pleas of Montgomery County, Orphans' Court Division, Norristown
Robert L. Freedman, Esq., Dechert LLP, Philadelphia
Neil E. Hendershot, Esq.
, Goldberg Katzman, P.C., Harrisburg

Edward M. Watters, III, Esq.
, Pepper Hamilton LLP, Berwyn

Other faculty will be involved as speakers at various locations.

Since I am involved in the presentations, I likely will post comments on this blog about the PA UTA as discussions develop at the course presentations.

I encourage Pennsylvania lawyers and fiduciaries involved with the planning, establishment, administration, interpretation, or termination of trusts to attend one of the presentations.