Cannon Teleconference: With the ever-increasing proliferation of litigation initiated by beneficiaries, fiduciaries today (especially those assumed to have “deep pockets”) carry out their duties with targets on their backs. Keeping abreast of the latest issues and developments regarding fiduciary liability will help the fiduciary avoid becoming a sitting duck for criticism and claims. This teleconference will cover the following topics:

• Standing to Sue Trustees

• Claims Against Directed Trustees

• A Trustee's Ability to Rely on Advice of Counsel as a Defense

• Exculpatory Clauses and Other Limitations on Liability

Location: Berkshire Bank, 25 Main Street, Lenox, MA.

Time: 12:30 - brown-bag lunch; 1:00 - 2:30 pm - program.

RSVP to Dan Stanyon below. Free for Members! Non-members: Cannon Teleconferences are $15. Pay via PAYPAL or mail a check: Donna Turner, Smith Watson & Company LLC, 7 North Street, Suite 205, Pittsfield, MA 01201