Meg Lodise Co-Presents Webinar – “I’m President and Sole Trustee: Resolving Conflicts When Fiduciaries Hold Entity Interests”
Partner Meg Lodise co-presented the webinar “I’m President and Sole Trustee: Resolving Conflicts When Fiduciaries Hold Entity Interests,” sponsored by American Law Institute and American College of Trust and Estate Counsel. The CLE-accredited webinar examined possible ramifications of an individual acting in multiple fiduciary capacities and how they can be resolved, including:
- Implications of trusts holding closely held business interests
- Conflicts of interests
- Competing duties of a fiduciary to its beneficiaries as compared to a corporate officer to the business
- Other ethical and practical problems that can arise when serving in both roles
- Various remedies available in these situations