Incentive Trusts have become very popular. In this 1.75-hour January 4, 2012 program, Louis A. Mezzullo Esquire, a partner in the Rancho Santa Fe, CA offices of McKenna Long & Aldridge LLP, explains the differences between traditional trusts and incentive trusts and the reasons for the popularity of the latter. He describes the various types of incentive trusts, alternatives to them and considerations in selecting a trustee.

Major topics include:

üIntroduction    

• definition

• reasons for popularity

üTraditional Trusts    

• types

• distribution  provisions

• advantages and disadvantages

üIncentive Trusts    

• behaviors to encourage and discourage

• typical provisions

• advantages and disadvantages

üProductivity Trusts    

• trust provisions

• more

üDiscretionary Trusts    

• mission statement 

• important provisions

• advantages and disadvantages

üAlternatives To Trusts   

• FLPs and LLCs

• custodianships

üConsiderations In Naming A Trustee    

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