Category Archives: Duties of Trustee

Trustees and the Attorney-Client Privilege

The fiduciary exception to attorney-client privilege is fertile ground for trust litigation.¬† I’ve seen many situations where the attorney is advising¬† his or her client on the same matter, with the client as the Trustee and as the beneficiary of … Continue reading

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The 5 biggest mistakes a Trustee can make

This article from Barrons is a bit understated in some respects, but the points made are important ones. The Five Biggest Ways To Bungle a Trust  

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Correct Trust Principal and Income Accounting is Critical!

Not too long ago, I was called to help out the remainder beneficiaries of a Trust. These beneficiaries were siblings and their dad had passed away. Before he died, Dad had been an income beneficiary of a separate Trust for … Continue reading

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