I’ve Been Named as Trustee in a Living Trust, Now What?
May 28, 2009 by Lisa
Filed under Estate Planning
As trustee, you will have fiduciary duties to carry out the terms of the trust. A fiduciary is a person who is responsible for taking care of something that belongs to someone else. Under the law, fiduciaries owe legally-enforceable duties to the people on whose behalf they handle property. In this case, you will owe [...]