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Insuring Trusts - Protecting Your Client's Wishes

December 10, 2020 10:00 AM - 1:00 PM (PST)

Description

The use of trusts is becoming the standard practice for individuals and households who hold any appreciable assets. The principal attraction of trusts is that they allow property to be passed down to heirs or transferred to others more quickly and at less cost than a will. Under a trust agreement, assets can pass immediately from the grantor (or donor or settlor) to the beneficiaries without having to go through the cost and public disclosure of probate. This course is designed to provide participants with an understanding of the insurance implications that exist for clients who have established a trust. Review trust terminology, types of trusts, parties involved, and resultant property and liability loss exposures. Commercial and personal lines coverage options will be examined, along with case examples regarding how each can address property and liability needs.

Contact Information

Nevada Independent Insurance Agents (NIIA)
Name: Susan Bauman
Phone: 775-499-5844
Email: SUSAN@NIIA.ORG
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