Web Results



Trustee is a legal term which, in its broadest sense, can refer to ... Corporate trustees, typically trust departments at large banks, often have very narrow duties, limited to those the trust ...

Understanding the Duties and Responsibilities of a Trustee ...


Understanding the Duties and Responsibilities of a Trustee and what you will ... If you have been named as a trustee or successor trustee for someone's trust, ...

A Brief Overview of a Trustee's Duties - ElderLawAnswers


Dec 11, 2014 ... As a trustee, you stand in a "fiduciary" role with respect to the beneficiaries of the trust, both the current beneficiaries and any "remaindermen" ...

Duties of the Trustee - National Paralegal College


Traditionally, a trustee had more latitude in delegating routine “ministerial” functions of the trust, while personally performing duties that involved using ...

General Responsibilities and Authority of Trustees


Terms: Trustee: The trustee is the person or entity (e.g., a bank or other corporation) who holds legal title to the trust property. Res/trust property: The subject ...

If Asked To Serve As Trustee For Someone's Estate, Think Hard


Jun 21, 2013 ... A trustee's job can last a lot longer. The role of trustee does not come into being unless the estate includes a trust—a discrete legal “container” ...

What to Expect from a Trustee - The Estate Planning Council of Seattle


Responsibilities of a Trustee. Basically, a trustee is charged with the responsibility of managing the trust assets for the sole benefit of the beneficiaries.

Can You Trust Your Trustee? | Investopedia


Often, the trustee only meets with the person who establishes the trust. This raises the question of how trustees can possibly fulfill their fiduciary responsibilities ...

Trusts: Should You Serve as Trustee? | Nolo.com


When you are the trustee, your job is to manage trust assets and distribute them as the trust document directs. Your actual duties will vary enormously depending  ...

Guidelines for Individual Executors & Trustees | Section of Real ...


Trustee - An individual or bank or trust company that holds legal title to ... in the area of trusts and estates to assist them in performing their duties properly.

Duties of Trustee for Living Trust
A living trust is a legal document designed to facilitate the smooth transfer of cash and assets from an estate to beneficiaries. There are many roles in the administration of a trust and disbursement of trust assets. The trustee of a trust is the person... More »
Difficulty: Easy
Source: www.ehow.com