- After Death Actions
What Are Trustee Responsibilities?
Date & Time
- November 5th @ 12:00 PM (PST)
Description
- Being named trustee is an honor, but many people quickly discover it also comes with serious legal and financial responsibilities. Trustees are expected to manage assets, follow trust instructions, communicate with beneficiaries, handle taxes, keep accurate records, and avoid costly mistakes that can lead to conflict or even personal liability. In this informative webinar, estate planning attorney Jim Cunningham explains what trustees are actually responsible for and what families should expect during the trust administration process. You learn the most common trustee mistakes, how to properly manage trust assets, when professional help is needed, and how good trustees protect both the beneficiaries and themselves. Whether you are currently serving as a trustee or may become one in the future, this webinar helps you better understand the role, the risks, and the responsibilities involved.