ABA Opposes Delaware’s Proposed Changes to Trust Company Applications
The American Bankers Association today wrote to Delaware State Bank Commissioner Robert Glen urging him to withdraw a proposal that ...
Tag: Trust activities
ABA Calls on OCC to Halt Fiduciary Capacity, Non-Fiduciary Custody Rulemaking
In response to the OCC’s advance notice of proposed rulemaking on fiduciary capacity and non-fiduciary custody activities, ABA today submitted ...
OCC Considers Rule Changes on Fiduciary Capacity, Non-Fiduciary Custody Activities
The OCC is issuing an advance notice of proposed rulemaking regarding the scope of activities that are fiduciary in nature, ...
E-Sign on the Dotted Line?
Trust bankers and wealth management professionals need to be ready for the law on wills to evolve with technology.
IRS Proposes Rules for 199A Deductions for Certain Trusts
In addition to final rules generally concerning 199A qualified business income deductions, the IRS last Friday concurrently issued proposed rules ...
ABA Urges IRS to Apply Passthrough Deduction to Charitable Remainder Trusts, Common Trust Funds
In a comment letter today, the American Bankers Association yesterday called on the Internal Revenue Service to specifically address charitable ...
IRS Clarifies Deductibility of Trustee Fees from Trust Income
In a recent notice, the Internal Revenue Service released guidance clarifying that trustee and executor fees may continue to be ...
FDIC Proposes Amendments to Rules Governing Fiduciary Powers of State Savings Associations
The FDIC has proposed to rescind the former Office of Thrift Supervision’s rule on fiduciary powers of state savings associations ...
Value for Money
With customers fixated on fees in a competitive environment shaped by robo-advisers and digital disruptors, trust and wealth managers must ...
ABA Comments on EPA Proposal for Hardrock Mining Company Trust Relationships
ABA yesterday wrote to the Environmental Protection Agency requesting changes to a proposed rule that would implement financial responsibility requirements ...
