Laura M. Twomey Spoke at Foundation for Accounting Education's "Fourth Annual Family Office Conference"
Simpson Thacher personal planning partner Laura M. Twomey spoke on a panel at the Foundation for Accounting Education’s (FAE) “Fourth Annual Family Office Conference" on February 5 in New York. The panel, “Trust Me? Trustee Obligations and Pitfalls,” discussed best practices for serving as trustee, including record keeping, communication with beneficiaries, investment, distribution and tax issues, and when a family trust company makes sense to an audience of family office professionals and their CPAs and other trusted advisors.