Real Estate in Family Trusts: Critical Mistakes and How To Avoid Them
Join Whittier Trust’s Juliana Ricks, Vice President of Real Estate, and Tom Frank, Executive Vice President of Client Advisory Services, along with moderator David Shaw, Publishing Director, Family Business Magazine, as they discuss different family scenarios related to holding real estate in family trusts.
Tuesday, June 15, 2021
2 PM ET | 11 AM PT
Real estate, whether commercial or residential, is full of challenges that are hard to predict. Learn how to navigate family issues that you should consider when holding real estate in your family trust. This webinar will walk you through property management issues, structural issues, and trust administration issues with detailed concerns and preventative steps to keep your family aligned.
Vice President of Real Estate, Whittier Trust
Juliana Ricks is Senior Vice President in Whittier Trust’s Real Estate Department. She is responsible for management of client assets as well as real property held in the firm’s fiduciary accounts. Additionally, Juliana is actively sourcing new acquisition opportunities and advising clients on their real estate portfolios.
Juliana has over 15 years of experience in real estate asset management, finance and acquisitions. Prior to joining Whittier Trust, Juliana was a Managing Director and Head of Asset Management at Saban Real Estate in Los Angeles. Prior to this, she was Vice President of Asset Management at Investcorp International in New York. Before that, she worked at Tishman Speyer where she served as the Regional Finance Director of their New York City and Washington, DC regions. Previously, she worked at Crow Holdings in Dallas as Vice President of acquisitions in the retail, office and industrial group.
Juliana received her Bachelor of Science in City Planning from Cornell University, her Master of Business Administration from Kellogg School of Management, and her Juris Doctor from Northwestern University Pritzker School of Law.
Executive Vice President of Client Advisory Services, Whittier Trust
Tom Frank is an Executive Vice President, Northern California Regional Manager in Whittier Trust’s San Francisco office. He is responsible for managing complex client relationships, including investments, planning and family dynamics and fiduciary services, as well as all operations, revenues, staff and other elements related to the Northern California region.
Tom brings over thirty years of experience in comprehensive family office services including investment consulting, banking, trust and fiduciary, family education and financial administration for high net worth clients. His most recent position was Director, Relationship Management with Abbot Downing (formerly Wells Fargo Family Wealth) in San Francisco. Tom’s prior experience includes various positions at Bessemer Trust including Managing Director/Head Of Client Account Administration, Managing Director/Senior Resident Officer/West Coast Head, Senior Vice President and Vice President. Previous employers include DLJ Asset Management and US Trust.
Tom earned his JD from Brooklyn Law School and a Bachelor’s degree in foreign service from Georgetown University. He is a member of the California Bar Association and the New York Bar Association. Tom is a Registered Trust and Estate Practitioner (TEP).
Tom is a trustee of De Marillac Academy, a school in San Francisco's Tenderloin district serving the needs of at-risk children, a Director of the San Francisco Estate Planning Council and was a volunteer mentor with Big Brothers Big Sisters.
Publishing Director, Family Business Magazine
David Shaw is the publishing director of Family Business Magazine and its sister publication, Directors & Boards. With more than 30 years of experience in business-to-business and consumer media markets, he has served as an editor, publisher, publishing director, group publisher and group vice president of a variety of publications, trade shows, conferences and websites.
Prior to founding GRID Media, David served as senior vice president for Phillips Business Information Inc., where he oversaw nearly 100 discrete media properties, and helped build the business from $35 million to more than $100 million in annual revenues. He is a frequent author and speaker on issues related to business-to-business media, multi-generational family businesses and private and public company governance. He is married, with two grown children, one serving in the Navy and the other in law school.
• No cost to attend