Who is the Successor Trustee?
February 28, 2020
Question: The following statement regarding the appointment of successor trustees from a trust has led to some confusion: The initial Trustee is John W., then
Question: The following statement regarding the appointment of successor trustees from a trust has led to some confusion: The initial Trustee is John W., then
Question: In trust documents, my cousin, the settlor, specifically has a clause that states I can eliminate any beneficiary that contests. I did remove one
Is a Trustee Entitled to Compensation? Yes, trustees are entitled to be paid. After all, they perform important services with a high degree of responsibility
Question: I am co-trustee of a revocable trust with my elderly mother, the grantor and co-trustee. I have been actively managing the trust. She recently
Question: My father created three small trusts when he died. The one for my sister had about $165,000 in it. My father appointed his attorney,
For the most part, trusts don’t pay taxes on their income, instead passing the income through to the trust beneficiaries. But when they do pay
Question: My wife’s sister is trustee of their deceased dad’s estate which totals about $700,000. There are four equal sibling beneficiaries, including the trustee. The
Question: What is an acceptable trust fee in the State of Utah? I manage a trust for my Mom. I spend two hours per year
Question: What would be the typical cost of a bank administering a trust set up with quarterly distributions that could last 10 years? Response: The
Question: If I currently do not like my trustee and would like to hand over my road accident fund trust to another trust fiduciary company,