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32 ACTEC J. 1 (2006-2007)

handle is hein.journals/acteclj32 and id is 1 raw text is: E JOURNAL
THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL
3415 S. Sepulveda Boulevard, Suite 330 * Los Angeles, California 90034 * (310) 398-1888 * Fax: (310) 572-7280 * www.actec.org
Susan T. Bart, Editor / M. Read Moore, Assistant Editor / © The American College of Trust and Estate Counsel 2006
Table of Contents
Volume 32, No. 1, Summer 2006
President's Message   ........................................................... 2
Editor's Page   ................................................................ 4
Total Return Trusts-A Decade of Progress, But Are We There Yet? (Parts 1 & 2 of 4) .......... 5
Robert B. Wolf
The first two parts of a four-part article on total return trusts, including the newly issued revenue ruling
2006-26 and the final Treasury regulations.
Standards of Prudence and Management of the Insurance Portfolio (Part 2 of 4) ............ 66
Kathryn A. Ballsun, Patrick J. Collins and Dieter Jurkat
The second in a four-part series on the administration of life insurance in a trust.
Spotlight on Attorneys' Fees .........................................    ........... 91
Compiled by Martin A. Heckscher
Calendar of Events; In Memoriam      .............................................. Cl
Highlights of the 2006 ACTEC Annual Meeting ................................   ..... C5
New Officer, Regents and State and Committee Chairs ...............................  C7
Committee Appointments 2007-2008      ............................................ C15
Daniel H. Markstein, III
Requests for 2007-2008 Committee Appointments
Interested in committee membership in the coming year? Whether as a new member or as a continu-
ing member, you will need to contact President-Elect Danny Markstein with your interest no later than
October 23, 2006.
Information on all of ACTEC's committees can be found inside this issue. To request an appointment,
you may log on to the private side of the ACTEC website and submit an online committee appoint-
ment request (contact Bill Crawford at wlcrawford@actec.org if you need a user name and password),
or complete and submit the committee appointment request form that accompanies this issue of the
ACTEC Journal.
ACTEC's committees are one of the great engines that drive the work of the College, and we want
committee members who will actively participate in the work of the committees.
We encourage you to submit your request today!
32     ACTEC Journal 1          (2006)

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