Legal - Trust Administration - Undergrad Intern

At Franklin Templeton, we’re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.

Come join us in delivering better outcomes for our clients around the world!

Department Title: Undergrad Intern – Legal – Trust Administration

Location: The intern candidate must be able to commute into the New York City office each week.

Position Summary: 

This internship will support our Trust Counsel and Trust Administration leadership team.  Our team is seeking a student to join us for the summer to assist in conducting legal research on trust administration, developing best practices and policies, assisting with the development of internal processes, and document review.

For a law student interested in Trust & Estates law, this is an opportunity to see how governing documents translate into practice and the issues that arise. It is also an opportunity to see how risk is managed in a corporate environment.

Team Culture:

We are a smaller team of professionals working as a peer group to support Trust Officers and the fiduciary line of business.  We work collaboratively to share expertise to manage risk for the company and advise our Trust team.

A Legal – Trust Administration Intern at Fiduciary Trust can expect to gain:

• Knowledge of the practical side of Trust Administration and how the terms of documents are implemented
• An understanding of state laws on trust administration and trust terminations. 
• Exposure to complicated wealth planning techniques and documents.

Key Responsibilities May Include:

• Legal research on subjects such as directed trust statutes, trustee fee statutes, state-by-state statement disclosure requirements, and prudent investor statutes
• Review of trust agreements, nonjudicial settlement agreements, operating agreements
• Drafting of internal forms, policies and processes

Ideal Qualifications:

• 2L/3L law student or LL.M. candidate that has taken course(s) in Wills, Trusts and Estates and wealth transfer taxation and has an interest in the practice area
• Ability to work onsite in NYC
• Strong research and analytical skills
• Ability to communicate effectively with a supervisor and with colleagues in small groups
• Ability to organize and prioritize multiple projects

Ready to make moves? Apply today!

When applying, please be sure to attach your resume. Applications without a resume file attachment will not be reviewed.

Due to the large volume of applications anticipated, we may not be able to personally contact every applicant. If you are interested in applying to more than one Franklin Templeton internship, please apply for other internships that pique your interest.

Compensation Range: This is a full-time internship where students will work approximately 35 hours per week and earn competitive hourly pay of $31 USD per hour. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. 

What makes Franklin Templeton unique?

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at Franklin Templeton Careers to learn more about our company, career opportunities and recruitment process.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com . In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.