The Important Role of CPAs in the Ongoing Administration of Irrevocable Trusts or How to Avoid being a “Knucklehead”
The Important Role of CPA's in the Ongoing Administation of Irrevocable Trusts or How to Avoid being a "Knucklehead"
CPAs are increasingly taking an active role in the administration of trusts. Whether acting as the successor trustee, the trust protector or an advisor to the individual trustee, the CPA should be familiar with several risk assessment and mitigation strategies for themselves and their clients who serve in a fiduciary capacity.
Josh Yager is the managing partner of Anodos Advisors. Anodos is a consulting firm that acts as a Chief Compliance Officer for individual trustees and fiduciaries. Josh is a frequent speaker on the subject of risk assessment and risk mitigation processes for individual trustees. He has spoken extensively throughout California to estate planning councils, Professional Fiduciary of California chapters, CalCPA chapters, and Financial Planning Association (FPA) events. Josh is a licensed attorney, a Certified Financial Planner (CFP®), and a Chartered Financial Consultant (ChFC®).
- The Important Role of CPAs in the Ongoing Administration of Irrevocable Trusts or How to Avoid being