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

What are Trustee Duties?

What are Trustee Duties?

What are trustee duties and responsibilities? A trustee is the person who safeguards and manages the trust property for the benefit of the beneficiaries.  These duties can involve signing a stock vote, filing a tax return, or investing money, among other things. It is important to fulfill

How to Put Property in a Trust, or Funding a Trust

How to Put Property in a Trust, or Funding a Trust

“How do I put property into a trust?” is a question I often get after someone forms a living revocable trust.  This is an important question.  Putting property into a trust is also known as funding the trust.  Funding a trust is the engine that runs a