The Importance of Transparency During the Trust Administration Process

Trust administration can become problematic in the face of transparency problems. Trustees are in a unique position and may be depended upon financially by multiple parties. Without proper transparency during the administration of a trust, beneficiaries are at risk of financial exploitation and emotional distress.

Transparency...
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Ask the Attorney: Do I Need a Lawyer to Help Administer a Trust?

Trusts can be particularly taxing and confusing to administer. Fortunately, you don’t have to take on this daunting responsibility alone. If you’ve recently been appointed as a trustee, an estate planning attorney can help guide you on your trust administration journey to ensure that you fulfill your duties successfully.

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