Duties of a Successor Trustee/Personal Representative

Duties of a Successor Trustee/Personal Representative

What are the duties of a successor trustee or personal representative and when do they kick in? I had an interesting conversation with a woman the other day.  She had just finished her trust and had named her daughter as her personal representative.  Her daughter came to

How to Fund a Trust

How to Fund a Trust

How to fund a trust (or better yet: how NOT to fund a trust) is an important topic.   I recently received the following from one of my students regarding the disbursement of assets from her father’s accounts after his death, now eight years ago and counting: I