BEGIN:VCALENDAR
PRODID:-//hacksw/handcal//NONSGML v1.0//EN
VERSION:2.0
METHOD:PUBLISH
BEGIN:VEVENT
DTSTART:20251014T210000Z
DTEND:20251014T233000Z
LOCATION:The Towne House, Media, PA  
UID:2795820251014T210000ZPA DIRECTED TRUST ACT & WHAT IT MEANS FOR YOU & YOUR CLIENTS
DTSTAMP:20260501T102337Z
DESCRIPTION:\nAn astute member has just notified us that the meeting location had been omitted from the earlier Email.  \n \nMany Thanks to our Sponsor: \n \n\n \nWe are pleased to have Tom Work from the Stevens and Lee Law firm doing an informative presentation on the PA Directed Trust Act.  He will  focus this presentationon the Pennsylvania Directed Trust Act, one of three additions to Pennsylvania law made by last year’s Act No. 64.  The Directed Trust Act will be useful in designing trusts and finding persons and institutions to administer them.\n It has become tougher to find trustees who have suitable skills, experience, good judgment, and availability.  The new Act enables the appointment of “trust directors” who add specific expertise to a trust relationship without accepting responsibility for other facets of the trust relationship.  A particular example is a “trust protector,” whom a settlor might authorize to mold the terms of an irrevocable trust and thereby respond to changes in family and tax laws.  The most common applications of trust direction are the management of a trust’s marketable securities, real estate, and business interests.  \n The Act defines the relationships among trustees, trust directors, and beneficiaries of a directed trust and specifically, the allocation of responsibility and potential liability for various aspects of a trust’s administration.\n \nTom Work is a member of Stevens & Lee, a regional law firm headquartered in Reading, Pennsylvania, and the retired chair of its Trusts & Estates Practice Group.  He chairs the Pennsylvania Joint State Government Commission’s Advisory Committee on Decedents’ Estates Laws and, as a member of that Committee, compiled both the Pennsylvania Uniform Trust Act, enacted into law in 2006, and the Pennsylvania Directed Trust Act, enacted last year.  \n Tom is a member of the American College of Trust and Estate Counsel and a regular speaker at the Pennsylvania Bar Institute’s Annual Estate Law Institute.  He received his undergraduate degree, summa cum laude, from Dickinson College and a Juris Doctor degree, with distinction, from Duke University School of Law.\n \nPlease join us at the Media Towne House for this presentation.\n \nCLE and CPA continuing education payments are available for this meeting.  \n \nMemberships and renewals can be made on the dcepc.org website or the attached form can be completed. \n \n \n
SUMMARY:PA DIRECTED TRUST ACT & WHAT IT MEANS FOR YOU & YOUR CLIENTS - Delaware County Estate Planning Council 
PRIORITY:3
BEGIN:VALARM
TRIGGER:PT18H
ACTION:DISPLAY
DESCRIPTION:Reminder
END:VALARM
END:VEVENT
END:VCALENDAR