NVU-140 / College B
Trust & Fiduciary Literacy
Understand trust roles, governing instruments, state-law dependence, fiduciary duties, records, administration, and basic federal tax distinctions without individualized trust planning.
Core lessons
- Settlor/grantor, trustee, beneficiary, trust property, governing instrument.
- State-law formation and administration.
- Revocable vs. irrevocable concepts.
- Grantor/non-grantor concepts at a general federal-tax literacy level.
- Fiduciary records, distributions, expenses, conflicts, and accounting.
- When legal/tax review is necessary.
Deliverables
- Trust Role & Duty Map.
- Governing-Instrument Reading Checklist.
- Fiduciary Decision Record.
- Distribution Documentation Checklist.
- Trust Tax Question List.
- Source-Verified Trust Glossary.
After orientation
Companion materials
Start with orientation to review the source-first standard, privacy rules and learning process.
Start with OrientationLearner workbook
Use the Neterverse University Public Coursework learner workbook to organize the exercises and evidence for this course. Keep completed worksheets privately.
Open the workbook libraryCompletion and next step
- 01Learn
- 02Apply
- 03Show Evidence
- 04Share / Reflect
- 05Next Step
Complete the work, verify sources, review your evidence and identify a responsible next action.
Completed Neterverse University public educational coursework delivered through The Excellence District Learning Community.