Trustee (or the holding of a trusteeship) is a legal term which, in its broadest
sense, can ... A trustee carries the fiduciary responsibility and liability to use the
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 ... Fiduciary Responsibility. As a trustee, you stand in a "fiduciary" role with respect
to the beneficiaries of the trust, both the current beneficiaries ...
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
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.
All trustees bear a fiduciary responsibility to the beneficiaries of a trust. The
trustee is required to manage the trust assets in accordance with the wishes of
Jun 21, 2013 ... Before you agree to act as trustee for any part of someone's estate, there ... cases
, the personal representative has a short-term responsibility.
It's an honor to be chosen as a successor trustee of a loved one's trust -- the
person in charge of wrapping up the trust after the death of the person who
created it ...
There a number of duties an executor or estate trustee is responsible for
completing. These executor duties will contribute to Executor Compensation.
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 ...