Question: My brother-in-law passed away. His sister was his power of attorney and a trustee of a special need trust for his benefit. After she became p-o-a she changed his beneficiary of an [...]

In choosing a trustee, the considerations are somewhat different depending on whether your trust is revocable or irrevocable. If you have a revocable trust, you will probably serve as its [...]

Question: My sister is trustee of my mother’s trust. There were assets of approximately $16 million gross. My sister has taken trustee fees totaling $175,000. She initially told all the [...]

Yes, trustees are entitled to be paid. After all, they perform important services with a high degree of responsibility and potential liability. Nevertheless, when family members serve as trustees [...]

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 made an amendment to the trust [...]

Question: My father lives in Los Angeles. I live in Canada. I am the trustee of his Health Care Living Trust as he is incapacitated. I am also the POA and sole beneficiary of his will. I fly back [...]

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 trustee is [...]

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 on management duties. There is a bank account, Apple stock, and a [...]