trustee responsibilities Tag Archives

can i refuse the job of trustee, can i get out of being a trustee, declining to administer a trust

08 Jan Can I Refuse the Job of Trustee? Who Can Do It for Me?

Posted at 09:05h in Uncategorized by Phelps LaClair Law

Most of the time, being named as the administrator of a trust doesn’t come as a surprise. The founder of the trust will usually get permission from the person they plan on naming as their successor trustee. However, there are some cases where an individual...

what are the duties and responsibilities of a trustee

18 Jan What Are the Responsibilities of a Trustee?

Posted at 09:53h in Estate Planning, Living Trusts by Phelps LaClair Law

Wondering what you will have to do if someone names you as trustee or what you’re really asking of the person you want to name as trustee? Understanding what the duties and responsibilities of a trustee entail can help make accepting or assigning the role...

How to Administer a Trust - woman writing on document

13 Jan How to Administer a Trust

Posted at 15:36h in Irrevocable Trusts, Living Trusts by Phelps LaClair Law

Fulfilling the duties of a trustee can feel overwhelming at times. There are many rules to follow and many tasks to carry out if you want to ensure the trust is administered successfully. It can often be difficult to know exactly where to start. We...

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