What Are the Duties of a Trustee to a Will?
A trustee for a will is a person who is given the duty of carrying out the instructions in the will. Many times the trustee is named in the will, but if not, trustees can be appointed by the probate court which handles the will. In addition to carrying...
Trustee is a legal term which, in its broadest sense, can refer to any person who
holds property, authority, or a ...
Understanding the Duties and Responsibilities of a Trustee and what you will
need to do at the grantor's incapacity and death.
Dec 11, 2014 ... A trust is a legal arrangement through which one person (or an institution, such
as a bank or law firm), called a "trustee," holds legal title to ...
As mentioned in the last section, the trustee can delegate some of the duties to
others; however, the trustee is still personally responsible for the administration of
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
Definition of duties of trustee: The most important aspect of a trustee's duties is its
fiduciary character. A trustee is legally and morally bound to manage the trust ...
If you are a living trust trustee, co-trustee or successor trustee of a living trust, you
have certain duties and responsibilities. I find that many people don't really ...
If you have been named executor of a will or trustee of a trust, these ... you may
be able to hire a professional to help carry out the duties or step down and allow
This series of articles will explore the duties owed by trustees, executors,
administrators, guardians, and other fiduciaries to heirs, legatees, wards, and