If you plan on setting up a trust, whether inter vivos or testamentary in nature, keep in mind that the primary function of your trustees is to administer the trust assets for the benefit of your ...

Today, Your Legal Corner provides information regarding the duties of a trustee. Before you sign on the dotted line, know your responsibilities as a trustee. The duties of a trustee are derived from ...

A trust is a legal contract created when you transfer property to a trustee for the benefit of someone else. The trustee manages the property for the beneficiary in accordance with the terms and ...

If you have been appointed the trustee of a trust, it is a strong vote of confidence in your judgment and trustworthiness. It is also a major responsibility. A trust is a legal arrangement through ...

You may have had conversations with family members about whether you would be willing to serve as a trustee of a trust for the children of a family member, particularly in the event that both parents ...

There are a number of reasons why families establish trusts as part of their estate plans, including minimizing taxes, avoiding probate, and transferring wealth in a systematic fashion from one ...

Explain trustees' duties and responsibilities Identify which accounts and records must be retained for HMRC Describe trustees' investment duties Explain trustees' duties and responsibilities Identify ...

George and Andrew have recently been appointed trustees of a family trust set up by their late father David. On reviewing the trust papers they find the trust fund is worth about £200,000. Two-thirds ...