When a trust administration begins, an inventory of the trust’s assets must be prepared. This list must be updated following certain triggering events.
Articles about Trust Litigation
The trustee of a special needs trust must be careful when making distributions. If not, the beneficiary’s ability to receive benefits could be impacted.
Sometimes, when serving as a co-executor of an estate, you may find yourself wanting to resign. The process requires following certain specific steps.
As the trustee of a trust, it is your responsibility to identify the trust’s assets. To do so, you should have certain types of documentations on hand.
When providing creditors with a Notice of Administration, Proof of Service must be filed. Certain important details about each creditor must be included.
The way to administer a trust depends largely on the type of trust you are working with. Pooled trusts are a type of special needs trust with unique features.
Conflicts sometimes arise between beneficiaries and trustees during special needs trust administration. Fortunately, there are options for finding resolution.
Executors and trustees have two different roles that each has their own duties and responsibilities. These positions differ in several ways.