Trustee is a legal term which, in its broadest sense, can refer to any person who
holds property, authority, or a position of trust or responsibility for the benefit of ...
Understanding the Duties and Responsibilities of a Trustee and what you will
need to do at the grantor's incapacity and death.
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
Jun 21, 2013 ... Except in rare cases, the personal representative has a short-term responsibility.
“That job usually lasts about a year,” Bjerken says. A trustee's ...
The trustee acts as the legal owner of trust assets, and is responsible for handling
any of the assets held in trust, tax filings for the trust, and distributing the assets ...
As trustee, you are responsible for the trust's assets. But you can absolutely get
expert help along the way -- and you should in many cases. You can use trust ...
If you are a trust beneficiary, what should you expect from your trustee? If you ...
Basically, a trustee is charged with the responsibility of managing the trust assets.
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 ...
There a number of duties an executor or estate trustee is responsible for
completing. These executor duties will contribute to Executor Compensation.
Additionally, if a trustee wishes to delegate responsibilities to others who have
specialized skills, the trustee must monitor the person delegated with such ...