2022 Trust Forum Presentations

3. EXECUTE PLAN Execute the Management Plan ƒ Involve Subject Matter Expert(s) ƒ Inform owner ƒ Inform owner’s advisors

BUSINESS CONSIDERATIONS 1. Handling legacy portfolio a. Often excluded from fee schedule. b. No documentation in files c. Uncomfortable issues – ostrich behavior! 2. Going forward a. Pass along costs to account; add markup. b. Quote fees in advance. c. 30% of portfolio will disappear instantly.

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