The Trustee–Beneficiary Relationship: Building Trust Through Understanding, Process, & Accounting
You’re facing a new trustee appointment with a trust you didn’t write and beneficiaries you didn’t previously know. This article sets out an indelible process to help you build a relationship, establish rapport, and do well in your new position....
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Understanding the Role of the Professional Trustee
Many family trusts can be handled with family members in the role of a trustee, but alternatives to “Uncle Joe” serving as a trustee, such as independent, professional trustees, offer superior protection for beneficiaries. This article explores the role of...
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5 Things Estate Planners Should Know About Independent Trustees
Part of the practice of estate planning is identifying when clients and their families could benefit from the help of other services and professionals: We see a need and we introduce people - accountants, lawyers, insurance agents, financial advisors, counselors,...
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