Trustee Duties: Does my Trustee working for free affect their Standard of care?
Let’s discuss how the Trustee’s pay can affect the Trustee’s Standard of care. Is your Trustee asserting they can do low-quality work because they do…
Trustee Duties-Is my Trustee required to use their special skills?
Let’s talk about the Trustee’s duty to use special skills. Are you unaware of the responsibilities of your Trustee? Do you feel they aren’t doing…
Trustee Duties: Should my Trustee be diversifying Trust assets?
Is your Trustee investing only in one thing, ‘betting’ on one investment to make money? Or is your Trust not being appropriately supported? And is…
Trustee Duties: How often should my Trustee be reviewing the Trust’s assets?
Are you worried your Trustee has not been doing their job? Or just curious about your rights as a beneficiary and want a more comprehensive…
Trustee Duties: Understanding the Trustee Standard of Care
As a trustee, you must perform your duties in accordance with a certain standard. Understanding this standard is crucial to avoiding liability.