Posts Tagged 'trustee'

Can Trustees Avoid Liability?

Can Trustees Avoid Liability?

Can a Trustee Avoid Liability Even if Found to Have Made a Costly Mistake?

Courtesy of David Mills from Mills & Mills LLP..

Before agreeing to take on the role of Estate Trustee, the named individual should consider carefully the fact that it is a difficult, time consuming and often thankless job. For the uninitiated, the myriad responsibilities – from gathering information on assets and liabilities, to assembling tax information and completing tax returns, to managing relationships with and among beneficiaries (many ...

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