JD Supra

Naming Co-Trustees of Your Trust – When Being “Fair” Creates More Problems Than It Solves

A component of creating a trust, is naming trustees for the trust. They are given powers which include managing the trust and its assets. Trust can have a single trustee or co-trustees named.
JD Supra

When the terms of a trust grant one co-trustee the power to remove the other, is exercise of the power subject to fiduciary constraints?

In England, a power of removal is a “fiduciary power,” which “must be exercised for the benefit of the beneficiaries, not for the benefit of the person upon whom the power is conferred.” Lewin ¶ 13-41 ...
Coeur d'Alene Press

ADVERTISING: ADVERTORIAL - When to choose a professional executor or trustee instead of a family member

Just because someone is trustworthy doesn't mean they're the right choice. Consider whether your intended executor or trustee ...
Forbes

Choosing The Right Trustee And Why It Matters

Royce Ramey, CFA, is co-CEO of Versant Capital Management, a multifamily office in Dallas and Phoenix serving ultra-high-net-worth families. Trusts are a powerful tool for families to transfer their ...