Discretionary Distributions


Explains typical trust guidance and common discretionary standards to make sound decisions about trust distributions. Covers discretionary distributions from the perspectives of the trust beneficiaries and with a focus on potential tax consequences of discretionary distributions, and presents the proper techniques for documenting the discretionary distribution decision.

 
Updated: February 2017
Re-versioned: June 2016

Learning Obj​​​​ectives

After completing this course, students will be able to:
  • Describe typical trust guidance for discretionary distributions and common discretionary standards
  • Explain how trust beneficiary circumstances and taxes can affect discretionary distribution decisions
  • Describe the documentation requirements associated with discretionary distributions

​Audience​​​

Trust officers with at least thr​​​ee years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.

 

Course Credits

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​Questions? Please contact training@aba.com for more information.
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Registration & Pricing

 

Individual Purchase:
ABA Member • $175
Non-Member
 • $225

Purchase for a Team:
To license this course to your bank for multiple learners, please contact ABA Training.​

 

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