What Exactly Does A New York Trustee Do from Saul Kobrick If you are thinking about creating a trust, you need to start thinking about a Trustee. Trustee responsible for an accounting of all trust business and assets. Income, distributions, expenses. Learn more about exactly does a New York trustee do in this presentation. … [Read more...]
Free Report: New York Trustee Duties and Responsibilities
A Trustee owed a fiduciary duty to the trust and the trust beneficiaries. A fiduciary duty means that a Trustee must use the utmost care when managing trust assets and making investments with those assets. Risky investments are to be avoided. A Trustee should take into account what is in the best interest not only of current beneficiaries but also of future beneficiaries of the trust. Topics covered in this report include: Trust Basics Fiduciary Duty Duty and Responsibility to … [Read more...]
