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A trustee is responsible for managing and distributing the assets within a trust according to the trust document's terms. The trustee has a fiduciary duty to act in the best interest of the beneficiaries. However, sometimes, it becomes necessary to appoint a new...
Though it is ideal for a trust’s administration to run smoothly, there is always a possibility for it to face some issues, such as disputes. Nonetheless, these issues do not have to be a problem with proper management. However, if not prevented or addressed promptly,...
It is common to feel unsure about your standing in legal processes such as trust administration. Nonetheless, knowing your rights will help you actively participate in enforcing them and ensure you are protected throughout the process. Right to reasonable information...
A trustee is the person who manages and administers trust assets for the trust’s beneficiaries. They have several important responsibilities and if they do not meet these, there may be an option to remove the trustee from their position. Trustee responsibilities A...